PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
NYSE:PINS • US72352L1061
Overall PINS gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than PINS.
- PINS is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 72% are performing better than PINS.
- 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.
- PINS has an average volume of 18278400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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
4 important resistance areas can be observed.
- A resistance zone ranging from 17.78 to 17.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.29 to 23.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.79 from a horizontal line in the daily time frame.
- Resistance @29.70 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 | 7.42 | NEGATIVE | PINS has a low relative strength, it was outperformed by 92.58% 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) | 34 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests PINS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.96 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for PINS suggests high volalility. |
| Average Directional Index/ADX (14) | 46.69 | 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 34.0025. This indicates that the stock is currently neutral.
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 17.78. Check the full technical report for our detailed analysis of PINS support and resistance levels.