USA - NYSE:PINS - US72352L1061 - Common Stock
Overall PINS gets a technical rating of 3 out of 10. PINS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, PINS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 31.28, a Stop Loss order could be placed below this zone.
30.10
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 5 important areas.
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 | 56.76 | NEUTRAL | PINS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PINS is below 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 | MIXED | The current price of PINS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for PINS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PINS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.06 | NEUTRAL | The Stochastics value for PINS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PINS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for PINS suggests a weak or negative trend. |
32.91
-0.79 (-2.34%)
ChartMill assigns a technical rating of 3 / 10 to PINS.
The current trend direction for PINTEREST INC- CLASS A (PINS) is Bearish.
PINTEREST INC- CLASS A (PINS) has an RSI value of 47.6061. This indicates that the stock is currently neutral.
The MACD indicator for PINTEREST INC- CLASS A (PINS) has a value of 0.097549, indicating a bearish trend.