PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PLYM - US7296401026 - REIT
Taking everything into account, PLYM scores 4 out of 10 in our technical rating. In the last year, PLYM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
PLYM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.86, a Stop Loss order could be placed below this zone.
More info and screens
14.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.46 to 21.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.63 from a horizontal line in the daily time frame.
- Support @15.07 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.02 to 22.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 PLYM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLYM is down. |
| ChartMill Relative Strength | 69.27 | NEUTRAL | PLYM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLYM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLYM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLYM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.19 | NEUTRAL | The RSI value for PLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PLYM has a negative trend. |
| Stochastics (14,3) | 7.61 | OVERSOLD | The low Stochastics value suggests PLYM may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for PLYM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for PLYM suggests a weak or negative trend. |
21.87
-0.04 (-0.18%)
PLYMOUTH INDUSTRIAL REIT INC / PLYM FAQ
Can you provide the ChartMill technical rating for PLYMOUTH INDUSTRIAL REIT INC?
ChartMill assigns a technical rating of 4 / 10 to PLYM.
What is the trend direction for PLYM stock?
The current trend direction for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is Bullish.
What is the RSI signal for PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has an RSI value of 45.1941. This indicates that the stock is currently neutral.
What is the buy/sell signal for PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
The buy/sell signal for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for PLYMOUTH INDUSTRIAL REIT INC?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has a support level at 21.86 and a resistance level at 22.02. Check the full technical report for our detailed analysis of PLYM support and resistance levels.