PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Technical Analysis
USA - NYSE:PLYM - US7296401026 - REIT
22.19 USD
+0.22 (+1%)
22.19 USD
0 (0%)
Overall PLYM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PLYM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
PLYM is part of the Diversified REITs industry. There are 129 other stocks in this industry. PLYM outperforms 92% of them.
PLYM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PLYM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that PLYM is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month PLYM has a been trading in a tight range between 21.37 and 22.44.
Besides having an excellent technical rating, PLYM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.25. Right above this resistance zone may be a good entry point. 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
14.46
25.39
We found 3 important support areas.
- 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 @16.56 from a horizontal line in the daily time frame.
- Support @14.61 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.25 to 22.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.18 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 | 80.33 | POSITIVE | PLYM has a high relative strength, it outperformed 80.33% 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) | 67.62 | NEUTRAL | The RSI value for PLYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PLYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.49 | NEUTRAL | The Stochastics value for PLYM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for PLYM suggests low volalility. |
| Average Directional Index/ADX (14) | 44.48 | 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 | 21.54 | 0.87 (3.88%) | 25.00% |
| An entry @22.41. This is a Buy Stop order right above the resistance zone. | An exit @21.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.87 points, which is 3.88%. | For a 0.97% 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.
22.19
+0.22 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1%
1 Week2.97%
2 Weeks0.86%
1 Month0.86%
3 Month35.72%
6 Month50.64%
12 Month1.32%
2 Year5.92%
3 Year32%
5 Year79.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.66%
ATR Inc18.88%
Range Today0.49
ADR(20)0.37
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.33
Mansfield1.38
10 Day High22.27
10 Day Low21.37
20 Day High22.44
20 Day Low21.37
52 Week High22.65
52 Week Low12.7
CS1 End21.97
CR1 Start22.25
Volume & EV
DER(3)-0.29%
DER(5)0%
Volume826.50K
Volume Incr-16.07%
Vol(5)788.58K
Vol(50)899.06K