PROLOGIS INC (PLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PLD - US74340W1036 - REIT
We assign a technical rating of 10 out of 10 to PLD. Both in the recent history as in the last year, PLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, PLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 130.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 128.65, a Stop Loss order could be placed below this zone.
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109.54
4 important support areas can be observed.
- A support zone ranging from 122.40 to 128.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.08 from a trend line in the daily time frame.
- Support @116.30 from a trend line in the weekly time frame.
- A support zone ranging from 110.65 to 111.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 130.19 to 130.67. 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 | 81.82 | POSITIVE | PLD has a high relative strength, it outperformed 81.82% 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) | 58.11 | NEUTRAL | The RSI value for PLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests PLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.65 | NEUTRAL | The Stochastics value for PLD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for PLD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.06 | 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 |
|---|---|---|---|
| 130.68 | 126.91 | 3.77 (2.88%) | 25.00% |
| An entry @130.68. This is a Buy Stop order right above the resistance zone. | An exit @126.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.77 points, which is 2.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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.
129.15
+1.38 (+1.08%)
PROLOGIS INC / PLD FAQ
What is the technical rating for PLD stock?
ChartMill assigns a technical rating of 10 / 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 58.1082. 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 -0.288582, 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.