PROLOGIS INC (PLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PLD - US74340W1036 - REIT
Overall PLD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PLD is only an average performer.
Although PLD has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
109.26
4 important support areas can be observed.
- A support zone ranging from 120.95 to 125.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.05 from a trend line in the daily time frame.
- Support @114.13 from a trend line in the weekly time frame.
- A support zone ranging from 110.36 to 111.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 128.54 to 128.54. 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 | 76.1 | POSITIVE | PLD has a high relative strength, it outperformed 76.1% off all stocks 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) | 66.34 | NEUTRAL | The RSI value for PLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests PLD has a positive trend. |
| Stochastics (14,3) | 86.93 | OVERBOUGHT | The high Stochastics value suggests PLD may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for PLD suggests low volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for PLD suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 128.55 | 121.39 | 7.16 (5.57%) | 17.95% |
| An entry @128.55. This is a Buy Stop order right above the resistance zone. | An exit @121.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.16 points, which is 5.57%. | When investing 17.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
128.53
+0.37 (+0.29%)
PROLOGIS INC / PLD FAQ
What is the technical rating for PLD stock?
ChartMill assigns a technical rating of 8 / 10 to PLD.
What is the trend direction for PLD stock?
The current trend direction for PROLOGIS INC (PLD) is Bullish.
Can you provide the RSI signal for PROLOGIS INC?
PROLOGIS INC (PLD) has an RSI value of 66.3359. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROLOGIS INC?
The MACD indicator for PROLOGIS INC (PLD) has a value of 0.204254, indicating a bearish trend.
What is the buy/sell signal for PROLOGIS INC (PLD) stock?
The buy/sell signal for PROLOGIS INC (PLD) is buy as both the short term and long term trends are positive.