PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
NYSE:PINS - US72352L1061 - Common Stock
35.51 USD
-0.1 (-0.28%)
35.5 USD
-0.01 (-0.03%)
Taking everything into account, PINS scores 4 out of 10 in our technical rating. In the last year, PINS 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.
PINS has an average volume of 9791320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that PINS is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PINS is an average performer in the Interactive Media & Services industry, it outperforms 62% of 70 stocks in the same industry.
PINS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PINS is lagging the market.
In the last month PINS has a been trading in the 33.10 - 39.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PINS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 35.46, a Stop Loss order could be placed below this zone.
More info and screens
33.50
40.41
2 important support areas can be observed.
- A support zone ranging from 35.12 to 35.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.84 to 34.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @37.38 from a trend line in the weekly time frame.
- A resistance zone ranging from 40.00 to 40.01. 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 PINS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PINS is down. |
| ChartMill Relative Strength | 72.46 | POSITIVE | PINS has a high relative strength, it outperformed 72.46% 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) | UP | MIXED | The current price of PINS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PINS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests PINS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.14 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for PINS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for PINS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
35.51
-0.1 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.28%
1 Week-1.63%
2 Weeks3.86%
1 Month-7.81%
3 Month14.14%
6 Month-3.98%
12 Month10.83%
2 Year29.17%
3 Year54.12%
5 Year-3.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%3.65%
ATR Inc-52.03%
Range Today0.36
ADR(20)1.11
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.46
Mansfield0.07
10 Day High36.62
10 Day Low33.91
20 Day High39.93
20 Day Low33.1
52 Week High40.9
52 Week Low23.68
CS1 End35.46
CR1 Start37.38
Volume & EV
DER(3)2.34%
DER(5)1.15%
Volume7.75M
Volume Incr-39.15%
Vol(5)7.13M
Vol(50)9.79M