PLD Technical Analysis - PROLOGIS INC

Technical Rating and Analysis

Overall PLD gets a technical rating of 7 out of 10. In the last year, PLD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

PLD is part of the Diversified REITs industry. There are 129 other stocks in this industry. PLD outperforms 84% of them.

PLD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month PLD has a been trading in the 111.03 - 125.05 range, which is quite wide. It is currently trading near the high of this range.

PLD has an average volume of 3271620 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, PLD outperforms 62% of them, which is more or less in line with the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PLD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

102.55

124.87

When analyzing the support we can see 2 important areas.

A support zone ranging from 110.36 to 113.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 103.59 to 104.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 PLD is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PLD is up.
ChartMill Relative Strength	62.15	NEUTRAL	PLD is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PLD is above the rising 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)	UP	POSITIVE	The current price of PLD is above the rising SMA(200).
Relative Strength Index/RSI (14)	64.24	NEUTRAL	The RSI value for PLD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.43	POSITIVE	The MACD value suggests PLD has a positive trend.
Stochastics (14,3)	76.58	NEUTRAL	The Stochastics value for PLD is a neutral value.
Average True Range in percent/ATR (20)	2.14	MEDIUM VOLATILITY	The ATR as a percentage value for PLD suggests some volalility.
Average Directional Index/ADX (14)	22.2	NEUTRAL	The ADX value for PLD suggests a possible start of a new trend.