PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
NYSE:PINS - New York Stock Exchange, Inc. - US72352L1061 - Common Stock - Currency: USD
Overall PINS gets a technical rating of 8 out of 10. Although PINS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month PINS has a been trading in the 31.02 - 36.29 range, which is quite wide. It is currently trading near the high of this range.
PINS has an average volume of 12086400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PINS outperforms 56% of them, which is more or less in line with the market.
PINS is an average performer in the Interactive Media & Services industry, it outperforms 60% 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.
PINS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.58
40.41
When analyzing the support we notice one important area.
- A support zone ranging from 30.89 to 31.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- Resistance @37.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 40.01 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 | UP | POSITIVE | The short term trend for PINS is up. |
| ChartMill Relative Strength | 56.27 | NEUTRAL | PINS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PINS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PINS is above 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) | 64.17 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PINS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.42 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for PINS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.28 | POSITIVE | The high ADX value value for PINS suggests a strong 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)
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 |
|---|---|---|---|
| 37.66 | 33.35 | 4.31 (11.46%) | 8.73% |
| An entry @37.66. This is a Buy Stop order right above the resistance zone. | An exit @33.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.31 points, which is 11.46%. | For a 1.00% total portfolio risk, you can invest 8.73% of your capital in this trade. |
- 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.
35.86
-0.09 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.25%
1 Week5.47%
2 Weeks5.97%
1 Month15.27%
3 Month39.1%
6 Month15.9%
12 Month-17.58%
2 Year31.16%
3 Year97.47%
5 Year61.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%2.81%
ATR Inc-13.55%
Range Today0.8
ADR(20)0.93
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.27
Mansfield0.43
10 Day High36.29
10 Day Low33.35
20 Day High36.29
20 Day Low31.03
52 Week High44.06
52 Week Low23.68
CS1 End30.95
CR1 Start37.65
Volume & EV
DER(3)-0.15%
DER(5)0.91%
Volume11.13M
Volume Incr29.88%
Vol(5)11.66M
Vol(50)12.09M