RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PLD
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for ProLogis Inc
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 1.06% PDF

The ProLogis Inc stock price gained 1.06% on the last trading day (Thursday, 28th Mar 2024), rising from $128.86 to $130.22. During the last trading day the stock fluctuated 1.11% from a day low at $129.11 to a day high of $130.54. The price has fallen in 6 of the last 10 days and is down by -0.41% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 514 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $478.70 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ProLogis Inc stock with a 90% probability to be traded between $125.71 and $135.80 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PLD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 4.06%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ProLogis Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $131.65. On a fall, the stock will find some support from the short-term average at $128.37. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, March 26, 2024 and based on theory for this formation the price should go up by 4.84% to $136.52 within 43 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for ProLogis Inc stock

ProLogis Inc finds support from accumulated volume at $129.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.43 (1.11%) between high and low. For the last week, the stock has had daily average volatility of 1.53%.

Our recommended stop-loss: $124.00 (-4.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (PLD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect ProLogis Inc to open at $129.96, and during the day (based on 14 day Average True Range), to move between $127.69 and $132.75, which gives a possible trading interval of +/-$2.53 (+/-1.94%) up or down from last closing price. If ProLogis Inc takes out the full calculated possible swing range there will be an estimated 3.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $129.97 (0.19%) than the resistance at $130.50 (0.22%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ProLogis Inc stock A Buy?

ProLogis Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.120 Hold/Accumulate Unchanged

Predicted Opening Price for ProLogis Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$129.96 ( 0.202%) $130.22

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PLD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 131.39 0.90 %
R2 130.84 0.476 %
R1 130.50 0.217 %
Current price: 130.22
Support S1 129.41 -0.622 %
S2 129.07 -0.88 %
S3 128.53 -1.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 133.10 2.21 %
R2 131.66 1.11 %
R1 130.50 0.215 %
Current price 130.22
Support S1 129.97 -0.192%
S2 129.25 -0.745%
S3 129.02 -0.92%

PLD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 15, 2024 Mar 29, 2024 $0.96 0.737%
2 Dec 07, 2023 Dec 15, 2023 Dec 29, 2023 $0.87 0.653%
3 Sep 06, 2023 Sep 15, 2023 Sep 29, 2023 $0.87 0.775%
4 May 04, 2023 Jun 15, 2023 Jun 30, 2023 $0.87 0.709%
5 Feb 23, 2023 Mar 16, 2023 Mar 31, 2023 $0.87 0.697%

FAQ

What is the symbol for ProLogis Inc Stock and on which exchange is it traded?
The symbol for ProLogis Inc is PLD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ProLogis Inc Stock?
ProLogis Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy ProLogis Inc Stock?
ProLogis Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ProLogis Inc Stock.

What's the current price of ProLogis Inc Stock?
As of the end of day on the 2024-03-28, the price of an ProLogis Inc (PLD) share was $130.22.

What is the 52-week high and low for ProLogis Inc Stock?
The 52-week high for ProLogis Inc Stock is $137.51 and the 52-week low is $96.64.

What is the market capitalization of ProLogis Inc Stock?
As of the 2024-03-28, the market capitalization of ProLogis Inc is 120.438B.

When is the next earnings date for ProLogis Inc?
The upcoming earnings date for ProLogis Inc is Apr 17, 2024.
Click to get the best stock tips daily for free!

About ProLogis Inc

ProLogis Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximatel... PLD Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT