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 0 out of 10 to PLYM. PLYM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than PLYM.
PLYM is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 87% are performing better than PLYM.
PLYM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PLYM has a been trading in the 15.00 - 16.55 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of PLYM is bad and it also does not present a quality setup 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.
More info and screens
14.92
25.39
We can see 5 important resistance areas.
- A resistance zone ranging from 15.82 to 16.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.50 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.23 from a horizontal line in the daily time frame.
- Resistance @23.37 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 | DOWN | NEGATIVE | The long term trend for PLYM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLYM is down. |
| ChartMill Relative Strength | 9.81 | NEGATIVE | PLYM has a low relative strength, it was outperformed by 90.19% off all stocks 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) | DOWN | NEGATIVE | The current price of PLYM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLYM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.22 | NEUTRAL | The RSI value for PLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PLYM has a negative trend. |
| Stochastics (14,3) | 13.62 | OVERSOLD | The low Stochastics value suggests PLYM may be oversold. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for PLYM suggests some volalility. |
| Average Directional Index/ADX (14) | 9.96 | NEGATIVE | The low ADX value for PLYM suggests a weak or negative 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)
15.07
-0.3 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.95%
1 Week-2.9%
2 Weeks-6.28%
1 Month-6.34%
3 Month-1.82%
6 Month-10.3%
12 Month-36.84%
2 Year-33.82%
3 Year-21.75%
5 Year13.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.34%
ATR Inc-8.19%
Range Today0.4
ADR(20)0.34
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.81
Mansfield-2.41
10 Day High16.22
10 Day Low15
20 Day High16.55
20 Day Low15
52 Week High24.7
52 Week Low12.7
CS1 EndN/A
CR1 Start15.82
Volume & EV
DER(3)-1.71%
DER(5)-1.58%
Volume339.60K
Volume Incr-29.84%
Vol(5)294.58K
Vol(50)363.52K