PINTEREST INC- CLASS A (PINS) Stock Technical Analysis
USA - NYSE:PINS - US72352L1061 - Common Stock
Taking everything into account, PINS scores 2 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.
Although the technical rating is bad, PINS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.98. Right above this resistance zone may be a good entry point.
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30.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.90 to 30.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 30.39 to 30.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 33.98 to 34.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @35.79 from a trend line in the daily time frame.
- Resistance @37.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 37.91 to 37.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @40.00 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 | NEUTRAL | NEUTRAL | The long term trend for PINS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PINS is neutral. |
| ChartMill Relative Strength | 27.91 | NEGATIVE | PINS has a low relative strength, it was outperformed by 72.09% off all stocks 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) | DOWN | NEGATIVE | The current price of PINS is below a declining 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) | 54.01 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests PINS has a positive trend. |
| Stochastics (14,3) | 80.02 | OVERBOUGHT | The high Stochastics value suggests PINS may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PINS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for PINS suggests a possible start of a new trend. |
33.97
+0.52 (+1.55%)
PINTEREST INC- CLASS A / PINS FAQ
What is the technical rating for PINS stock?
ChartMill assigns a technical rating of 2 / 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 54.0119. 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 0.325629, indicating a bearish trend.