PROLOGIS INC (PLD) Stock Technical Analysis
NYSE:PLD - New York Stock Exchange, Inc. - US74340W1036 - REIT - Currency: USD
Overall PLD gets a technical rating of 1 out of 10. PLD'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
65% of all other stocks performed better in the past year than PLD.
In the last month PLD has a been trading in the 103.45 - 110.14 range, which is quite wide. It is currently trading near the high of this range.
PLD has an average volume of 4271850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLD is an average performer in the Diversified REITs industry, it outperforms 44% of 130 stocks in the same industry.
PLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLD is lagging the market.
PLD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
95.27
125.28
2 important support areas can be observed.
- A support zone ranging from 104.04 to 107.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.23 to 97.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 108.42 to 109.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @112.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 122.06 to 124.04. 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 | DOWN | NEGATIVE | The long term trend for PLD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLD is neutral. |
| ChartMill Relative Strength | 35.3 | NEUTRAL | PLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.28 | NEUTRAL | The RSI value for PLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PLD has a positive trend. |
| Stochastics (14,3) | 71.5 | NEUTRAL | The Stochastics value for PLD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PLD suggests some volalility. |
| Average Directional Index/ADX (14) | 9.28 | NEGATIVE | The low ADX value for PLD 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)
108.02
-0.29 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.27%
1 Week3.48%
2 Weeks2.8%
1 Month-0.38%
3 Month9.97%
6 Month2.26%
12 Month-5.63%
2 Year-13.41%
3 Year-18.51%
5 Year2.47%
10 Year165.99%
15 Year332.77%
Volatility
ATR(14)2.37
ATR(20)%2.04%
ATR Inc-26.36%
Range Today1.16
ADR(20)2.07
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.3
Mansfield-1.31
10 Day High108.78
10 Day Low103.45
20 Day High110.14
20 Day Low103.45
52 Week High132.57
52 Week Low85.35
CS1 End104.39
CR1 Start106
Volume & EV
DER(3)2.37%
DER(5)2.29%
Volume1.55M
Volume Incr27.8%
Vol(5)4.96M
Vol(50)4.27M