PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PINS - US72352L1061 - Common Stock
We assign a technical rating of 0 out of 10 to PINS. PINS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PINS has a poor technical rating and the quality of the setup is also only medium 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
24.43
We found 1 important support area.
- A support zone ranging from 24.68 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 26.13 to 26.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.63 from a trend line in the daily time frame.
- Resistance @36.80 from a trend line in the weekly time frame.
- Resistance @39.56 from a horizontal 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 | 15.01 | NEGATIVE | PINS has a low relative strength, it was outperformed by 84.99% 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) | 38.55 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PINS has a positive trend. |
| Stochastics (14,3) | 39.08 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PINS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.82 | POSITIVE | The high ADX value value for PINS suggests a strong trend. |
26.12
+0.55 (+2.15%)
PINTEREST INC- CLASS A / PINS FAQ
What is the technical rating for PINS stock?
ChartMill assigns a technical rating of 0 / 10 to PINS.
Can you provide the trend direction for PINTEREST INC- CLASS A?
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 38.5528. This indicates that the stock is currently neutral.
What is the MACD signal for PINTEREST INC- CLASS A (PINS) stock?
The MACD indicator for PINTEREST INC- CLASS A (PINS) has a value of 0.10862, indicating a bearish trend.
Can you provide the buy/sell signal for PINTEREST INC- CLASS A?
The buy/sell signal for PINTEREST INC- CLASS A (PINS) is sell as both the short term and long term trends are negative.