PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Technical Analysis
NYSE:PLYM - New York Stock Exchange, Inc. - US7296401026 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to PLYM. PLYM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
PLYM is part of the Diversified REITs industry. There are 129 other stocks in this industry. PLYM outperforms 87% of them.
PLYM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PLYM is lagging the market slightly.
In the last month PLYM has a been trading in the 14.05 - 22.65 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, PLYM did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PLYM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.20
25.39
2 important support areas can be observed.
- A support zone ranging from 16.32 to 16.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.34 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @23.31 from a trend line in the weekly time frame.
- Resistance @25.14 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for PLYM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLYM is neutral. |
| ChartMill Relative Strength | 72.57 | POSITIVE | PLYM has a high relative strength, it outperformed 72.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLYM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLYM is above 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) | 84.38 | OVERBOUGHT | The high RSI value suggests PLYM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests PLYM has a positive trend. |
| Stochastics (14,3) | 68.19 | NEUTRAL | The Stochastics value for PLYM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PLYM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.05 | POSITIVE | The high ADX value value for PLYM suggests a strong 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)
21.53
+6.89 (+47.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg47.06%
1 Week45.87%
2 Weeks47.97%
1 Month36.87%
3 Month35.15%
6 Month30.96%
12 Month-11.73%
2 Year-6.02%
3 Year6.22%
5 Year61.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%3.41%
ATR Inc1076.62%
Range Today1.63
ADR(20)0.4
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.57
Mansfield1.14
10 Day High22.65
10 Day Low14.06
20 Day High22.65
20 Day Low14.05
52 Week High24.7
52 Week Low12.7
CS1 End16.56
CR1 Start23.31
Volume & EV
DER(3)-2.65%
DER(5)-2.1%
Volume6.83M
Volume Incr416.01%
Vol(5)1.76M
Vol(50)535.83K