PLD Technical Analysis - PROLOGIS INC

Technical Rating and Analysis

Overall PLD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PLD is a bad performer.

When comparing the yearly performance of all stocks, PLD is a bad performer in the overall market: 75% of all stocks are doing better.

The long and short term trends are both positive. This is looking good!

In the last month PLD has a been trading in the 105.42 - 115.91 range, which is quite wide. It is currently trading near the high of this range.

PLD has an average volume of 3746100 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 42% of 129 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.

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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, 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

96.35

118.98

When analyzing the support we can see 2 important areas.

A support zone ranging from 103.59 to 112.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @97.32 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 115.36 to 115.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @117.80 from a trend line in the weekly time frame.

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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	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	25.39	NEGATIVE	PLD has a low relative strength, it was outperformed by 74.61% 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)	62.29	NEUTRAL	The RSI value for PLD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.21	POSITIVE	The MACD value suggests PLD has a positive trend.
Stochastics (14,3)	73.62	NEUTRAL	The Stochastics value for PLD is a neutral value.
Average True Range in percent/ATR (20)	2.07	MEDIUM VOLATILITY	The ATR as a percentage value for PLD suggests some volalility.
Average Directional Index/ADX (14)	22.38	NEUTRAL	The ADX value for PLD suggests a possible start of a new trend.