PROLOGIS INC. - Weekly - Technical analysis published on 05/08/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 120.55 USD
My targets
133.48 USD (+4.90%)
152.24 USD (+19.64%)
My analysis
PROLOGIS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 120.55 USD. The next resistance located at 133.48 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 152.24 USD. After this resistance, buyers could then target 168.28 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by Aatrayu. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PROLOGIS INC. rating is 127.25 USD. The price registered an increase of +3.96% over 5 days with the lowest point at 122.43 USD and the highest point at 127.45 USD. The deviation from the price is +3.94% for the low point and -0.16% for the high point.122.43
127.45
127.25
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PROLOGIS INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of PROLOGIS INC. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Weekly
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 84.83 | 97.52 | 120.55 | 127.25 | 133.48 | 152.24 | 168.28 |
| Change (%) | -33.34% | -23.36% | -5.27% | - | +4.90% | +19.64% | +32.24% |
| Change | -42.42 | -29.73 | -6.70 | - | +6.23 | +24.99 | +41.03 |
| Level | Minor | Major | Major | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.63 | 125.24 | 126.24 | 126.85 | 127.85 | 128.46 | 129.46 |
| Camarilla | 126.81 | 126.96 | 127.10 | 127.25 | 127.40 | 127.55 | 127.69 |
| Woodie | 124.84 | 125.34 | 126.45 | 126.95 | 128.06 | 128.56 | 129.67 |
| Fibonacci | 125.24 | 125.85 | 126.23 | 126.85 | 127.46 | 127.84 | 128.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 113.17 | 115.78 | 120.51 | 123.12 | 127.85 | 130.46 | 135.19 |
| Camarilla | 123.23 | 123.90 | 124.58 | 125.25 | 125.92 | 126.60 | 127.27 |
| Woodie | 114.24 | 116.31 | 121.58 | 123.65 | 128.92 | 130.99 | 136.26 |
| Fibonacci | 115.78 | 118.58 | 120.31 | 123.12 | 125.92 | 127.65 | 130.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 112.31 | 115.34 | 120.30 | 123.33 | 128.29 | 131.32 | 136.28 |
| Camarilla | 123.05 | 123.79 | 124.52 | 125.25 | 125.98 | 126.72 | 127.45 |
| Woodie | 113.27 | 115.82 | 121.26 | 123.81 | 129.25 | 131.80 | 137.24 |
| Fibonacci | 115.34 | 118.40 | 120.28 | 123.33 | 126.39 | 128.27 | 131.32 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.54 | |
| MACD (12,26,9): | 1.4900 | |
| Directional Movement: | 7.06 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 122.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 130.18 | |
| Elder Ray (13): | 1.93 | |
| Super Trend (3,10): | 107.63 | |
| Zig ZAG (10): | 127.25 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 54.03 | |
| TEMA (21): | 125.61 | |
| Williams %R (14): | -37.55 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 7.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 3.07 |
| MA7: | 124.09 | |
| MA20: | 123.06 | |
| MA50: | 121.47 | |
| MA100: | 121.21 | |
| MAexp7: | 123.70 | |
| MAexp20: | 121.46 | |
| MAexp50: | 121.79 | |
| MAexp100: | 120.02 | |
| Price / MA7: | +2.55% | |
| Price / MA20: | +3.40% | |
| Price / MA50: | +4.76% | |
| Price / MA100: | +4.98% | |
| Price / MAexp7: | +2.87% | |
| Price / MAexp20: | +4.77% | |
| Price / MAexp50: | +4.48% | |
| Price / MAexp100: | +6.02% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on PROLOGIS INC. at the time of the generation of this analysis was as follows:
- FIBRA Prologis Announces the Pricing of an Offering of CBFIs
- Prologis Declares Quarterly Dividends and Announces Results From Stockholder Meeting
- FIBRA Prologis Recast its Sustainable Line of Credit
- FIBRA Prologis announces the launch of an offering of CBFIs
- FIBRA Prologis Announces First Quarter 2023 Earnings Results
This member declared not having a position on this financial instrument or a related financial instrument.
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