PLYMOUTH INDUSTRIAL REIT INC (PLYM) Technical Analysis
NYSE:PLYM • US7296401026
Current stock price
PLYM Technical Rating and Analysis
Taking everything into account, PLYM scores 6 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 122 other stocks in this industry. PLYM outperforms 80% of them.
- PLYM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PLYM is leading the market.
- PLYM has an average volume of 1556730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PLYM is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month PLYM has a been trading in a tight range between 21.76 and 22.08.
PLYM Weekly and Daily overview Charts
PLYM Setup Rating and Analysis
Although the technical rating is only medium, PLYM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 21.97, a Stop Loss order could be placed below this zone.
More info and screens
PLYM Support and Resistance Analysis
13.94
4 important support areas can be observed.
- A support zone ranging from 21.55 to 21.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.08 from a horizontal line in the weekly time frame.
- Support @14.80 from a trend line in the weekly time frame.
- Support @14.08 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.40 to 22.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
PLYM Technical Indicator Signal Analysis
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 | 73.68 | POSITIVE | PLYM has a high relative strength, it outperformed 73.68% 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) | DOWN | MIXED | The current price of PLYM is above a declining 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) | 56.8 | NEUTRAL | The RSI value for PLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLYM has a positive trend. |
| Stochastics (14,3) | 85.24 | OVERBOUGHT | The high Stochastics value suggests PLYM may be overbought. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for PLYM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for PLYM suggests a weak or negative trend. |
PLYM Chart- and CandleStick Pattern Analysis
PLYM Example Setup
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 |
|---|---|---|---|
| 22.09 | 21.75 | 0.34 (1.54%) | 25.00% |
| An entry @22.09. This is a Buy Stop order right above the 10 day high. | An exit @21.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.34 points, which is 1.54%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
PLYM Technicals: Chart, Performance Metrics, Trend & Indicators
21.98
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PLYMOUTH INDUSTRIAL REIT INC / PLYM TA FAQ
Can you provide the ChartMill technical rating for PLYMOUTH INDUSTRIAL REIT INC?
ChartMill assigns a technical rating of 6 / 10 to PLYM.
What is the current trend direction of PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
The current trend direction for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is Bullish.
Can you provide the RSI signal for PLYMOUTH INDUSTRIAL REIT INC?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has an RSI value of 56.8023. This indicates that the stock is currently neutral.
What is the short term momentum for PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
The short term momentum for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is positive.
What are the support and resistance levels for PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has a support level at 21.97 and a resistance level at 22.4. Check the full technical report for our detailed analysis of PLYM support and resistance levels.