PROLOGIS INC (PLD) Stock Technical Analysis
NYSE:PLD • US74340W1036
Overall PLD gets a technical rating of 8 out of 10. Although PLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- PLD is part of the Diversified REITs industry. There are 123 other stocks in this industry. PLD outperforms 77% 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 125.47 - 141.95 range, which is quite wide. It is currently trading near the high of this range.
- PLD has an average volume of 3425040 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 69% of them, which is more or less in line with the market.
Besides having an excellent technical rating, PLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
109.54
5 important support areas can be observed.
- A support zone ranging from 130.23 to 131.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 126.42 to 127.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.47 from a horizontal line in the daily time frame.
- Support @120.64 from a trend line in the weekly time frame.
- Support @110.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 141.52 to 141.78. 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 PLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLD is up. |
| ChartMill Relative Strength | 69.81 | 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) | 64.71 | NEUTRAL | The RSI value for PLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests PLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.17 | OVERBOUGHT | The high Stochastics value suggests PLD may be overbought. |
| 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) | 26.26 | POSITIVE | The high ADX value value for PLD suggests a strong trend. |
141.51
+2.47 (+1.78%)
PROLOGIS INC / PLD FAQ
What is the technical rating for PLD stock?
ChartMill assigns a technical rating of 8 / 10 to PLD.
Can you provide the trend direction for PROLOGIS INC?
The current trend direction for PROLOGIS INC (PLD) is Bullish.
What is the RSI signal for PROLOGIS INC (PLD) stock?
PROLOGIS INC (PLD) has an RSI value of 64.7114. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PROLOGIS INC?
The buy/sell signal for PROLOGIS INC (PLD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PROLOGIS INC (PLD) stock?
PROLOGIS INC (PLD) has a support level at 131.81 and a resistance level at 141.52. Check the full technical report for our detailed analysis of PLD support and resistance levels.