PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
NYSE:PINS • US72352L1061
Taking everything into account, PINS scores 0 out of 10 in our technical rating. PINS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than PINS.
- PINS is one of the lesser performing stocks in the Interactive Media & Services industry. 72% of 69 stocks in the same industry do better.
- PINS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PINS has a been trading in the 13.84 - 26.39 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- PINS has an average volume of 18151300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of PINS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.59
When analyzing the resistance we notice 4 important areas.
- Resistance @23.54 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.95 to 24.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.79 from a horizontal line in the daily time frame.
- Resistance @29.77 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for PINS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PINS is down. |
| ChartMill Relative Strength | 6.45 | NEGATIVE | PINS has a low relative strength, it was outperformed by 93.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PINS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PINS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PINS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.73 | OVERSOLD | The low RSI value suggests PINS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests PINS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.2 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for PINS suggests high volalility. |
| Average Directional Index/ADX (14) | 47.21 | POSITIVE | The high ADX value value for PINS suggests a strong trend. |
17.77
+1 (+5.96%)
PINTEREST INC- CLASS A / PINS FAQ
What is the technical rating for PINS stock?
ChartMill assigns a technical rating of 0 / 10 to PINS.
What is the current trend direction of PINTEREST INC- CLASS A (PINS) stock?
The current trend direction for PINTEREST INC- CLASS A (PINS) is Bearish.
Can you provide the RSI signal for PINTEREST INC- CLASS A?
PINTEREST INC- CLASS A (PINS) has an RSI value of 26.7303. This indicates that the stock is currently oversold.
What is the buy/sell signal for PINTEREST INC- CLASS A (PINS) stock?
The buy/sell signal for PINTEREST INC- CLASS A (PINS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PINTEREST INC- CLASS A (PINS) stock?
PINTEREST INC- CLASS A (PINS) has a resistance level at 23.54. Check the full technical report for our detailed analysis of PINS support and resistance levels.