ALPINE INCOME PROPERTY TRUST (PINE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PINE - US02083X1037 - REIT
Overall PINE gets a technical rating of 6 out of 10. In the last year, PINE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
PINE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PINE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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15.96
When analyzing the support we notice one important area.
- A support zone ranging from 16.12 to 16.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.39 to 17.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PINE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PINE is neutral. |
| ChartMill Relative Strength | 72.36 | POSITIVE | PINE has a high relative strength, it outperformed 72.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PINE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PINE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PINE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.32 | NEUTRAL | The RSI value for PINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PINE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.09 | NEUTRAL | The Stochastics value for PINE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PINE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for PINE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.97 | 16.21 | 0.76 (4.49%) | 22.29% |
| An entry @16.97. This is a Buy Stop order right above the 10 day high. | An exit @16.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.76 points, which is 4.49%. | When investing 22.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.72
-0.08 (-0.48%)
ALPINE INCOME PROPERTY TRUST / PINE FAQ
What is the technical rating for PINE stock?
ChartMill assigns a technical rating of 6 / 10 to PINE.
Can you provide the trend direction for ALPINE INCOME PROPERTY TRUST?
The current trend direction for ALPINE INCOME PROPERTY TRUST (PINE) is Bullish.
What is the RSI signal for ALPINE INCOME PROPERTY TRUST (PINE) stock?
ALPINE INCOME PROPERTY TRUST (PINE) has an RSI value of 52.3164. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALPINE INCOME PROPERTY TRUST?
The MACD indicator for ALPINE INCOME PROPERTY TRUST (PINE) has a value of -0.0895154, indicating a bearish trend.
What is the short term momentum for PINE stock?
The short term momentum for ALPINE INCOME PROPERTY TRUST (PINE) is neutral.