PROLOGIS INC (PLD) Stock Technical Analysis
USA - NYSE:PLD - US74340W1036 - REIT
114.44 USD
+0.51 (+0.45%)
113.304 USD
-1.14 (-0.99%)
We assign a technical rating of 7 out of 10 to PLD. 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.
68% of all other stocks performed better in the past year than PLD.
The long and short term trends are both positive. This is looking good!
PLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PLD has an average volume of 3784800 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 57% 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.
In the last month PLD has a been trading in a tight range between 110.51 and 116.41.
Besides having an excellent technical rating, PLD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 114.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 111.24, a Stop Loss order could be placed below this zone.
More info and screens
102.55
118.53
We found 2 important support areas.
- A support zone ranging from 109.13 to 111.24. 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 106.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 114.89 to 115.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @117.36 from a trend line in the weekly time frame.
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 | 32.28 | 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) | DOWN | MIXED | The current price of PLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.41 | NEUTRAL | The RSI value for PLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PLD has a negative trend. |
| Stochastics (14,3) | 58.47 | NEUTRAL | The Stochastics value for PLD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for PLD suggests low volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for PLD suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 115.36 | 110.59 | 4.77 (4.13%) | 24.18% |
| An entry @115.36. This is a Buy Stop order right above the resistance zone. | An exit @110.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.77 points, which is 4.13%. | For a 1.00% total portfolio risk, you can invest 24.18% of your capital in this trade. |
- 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.
114.44
+0.51 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.45%
1 Week0.36%
2 Weeks2.21%
1 Month2.53%
3 Month8.35%
6 Month3.61%
12 Month-8.88%
2 Year1.99%
3 Year12.64%
5 Year13.73%
10 Year194.19%
15 Year332.34%
Volatility
ATR(14)2.33
ATR(20)%1.95%
ATR Inc-14.33%
Range Today1.55
ADR(20)2.12
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.28
Mansfield-0.74
10 Day High116.41
10 Day Low110.6
20 Day High116.41
20 Day Low110.51
52 Week High127.65
52 Week Low85.35
CS1 End111.24
CR1 Start114.89
Volume & EV
DER(3)-0.52%
DER(5)-0.61%
Volume2.32M
Volume Incr23.08%
Vol(5)4.11M
Vol(50)3.78M