PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Technical Analysis
NYSE:PLYM - US7296401026 - REIT
21.99 USD
-0.16 (-0.72%)
21.99 USD
0 (0%)
Taking everything into account, PLYM scores 8 out of 10 in our technical rating. Although PLYM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
PLYM is part of the Diversified REITs industry. There are 129 other stocks in this industry. PLYM outperforms 90% 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 14.38 - 22.65 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PLYM did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, PLYM 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 22.40. Right above this resistance zone may be a good entry point.
More info and screens
14.33
25.39
3 important support areas can be observed.
- A support zone ranging from 21.97 to 21.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.56 from a horizontal line in the daily time frame.
- Support @14.47 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.40 to 22.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.24 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 | UP | POSITIVE | The long term trend for PLYM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLYM is up. |
| ChartMill Relative Strength | 74.6 | POSITIVE | PLYM has a high relative strength, it outperformed 74.6% 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) | 74.78 | OVERBOUGHT | The high RSI value suggests PLYM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PLYM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.55 | OVERBOUGHT | The high Stochastics value suggests PLYM may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PLYM suggests some volalility. |
| Average Directional Index/ADX (14) | 48.61 | 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)
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 |
|---|---|---|---|
| 22.41 | 21.96 | 0.45 (2.01%) | 25.00% |
| An entry @22.41. This is a Buy Stop order right above the resistance zone. | An exit @21.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.45 points, which is 2.01%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLYM. Please evaluate whether better entry and exit points can be found.
- 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.
21.99
-0.16 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.72%
1 Week0.96%
2 Weeks4.22%
1 Month53.03%
3 Month35.32%
6 Month29.66%
12 Month-4.81%
2 Year4.96%
3 Year30.82%
5 Year78.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.69%
ATR Inc-63.04%
Range Today0.4
ADR(20)0.48
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.6
Mansfield1.37
10 Day High22.44
10 Day Low21.07
20 Day High22.65
20 Day Low14.39
52 Week High23.4
52 Week Low12.7
CS1 End21.98
CR1 Start22.4
Volume & EV
DER(3)2.41%
DER(5)1.63%
Volume1.05M
Volume Incr-50.14%
Vol(5)631.63K
Vol(50)744.98K