Prologis, Inc. (PLD)

Prologis stock forecast: buy or sell

Prologis stock outlook

  • Prologis stock tanked -3.92% to close at $95.30 on the stock market today.
  • The price is currently under the lower Bollinger band, which usually indicates a short-term bounce that you should not try to trade
  • Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high growth markets.
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Please read:
The comments contained in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have an understanding of the individual positions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for education purposes only

Prologis stock charts overview

Should I buy Prologis stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is PLD stock a buy?

In the current situation of Prologis there is not any eligible buy setup. This doesn't mean PLD will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

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Should I sell Prologis stock?

How to know when is it time to sell Prologis?. Trading strategies let us to avoid impetuous decisions based on our emotions or the noise surrounding the market. When selling, as well as buying, our setups are very simple to use and are only applicable for selling stocks you already own, not for selling short PLD stock

As a rule of thumb, you should never keep a trade that leads to higher than expected losses at the time of purchase. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)

Is it time to sell Prologis stock?

In the current situation of Prologis there is not any eligible sell setup, so Prologis stock holders with operations in profit can keep their positions

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Analysts' recommendations to buy or sell Prologis stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the previous 30 days we couldn't find any rating for Prologis

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Technical analysis

SMAs overview

Moving averages are simple indicators for investors to measure stock momentum. A moving average is the average price of a stock over a set period of time. Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days

Supports and resistances

Market investors use supports and resistances to identify price points on a chart that may work as barriers, containing the price of shares to move in certain direction. A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. However, if the price breaks down the support, it will probably continue falling until finding another support level. In contrast, resistance levels are where the price tends to find opposition as it moves up. In the same manner, the price is more liable to "rebound" at this level, and if it finally crosses this level, the price will rise more easily until it finds the next resistance

The current resistances are:

  • R1: $97.75 (2.57% above)
  • R2: $97.80 (2.62% above)
  • R3: $99.51 (4.42% above)
  • The current supports are:

  • S1: $95.03 (-0.28% below)
  • S2: $93.07 (-2.34% below)
  • S3: $90.40 (-5.14% below)
  • Bollinger bands

    This is an indicator that was created in the 1980s by John Bollinger. Basically, the Bollinger Bands are bands that flow around a centralmoving averagediffering in distance from the bottom to the top depending on market volatility. They are usually plotted by an interval of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20

    Price levels above or below the Bollinger Bands signal that the price has followed a strong trend that has led to extreme upward or downward values. For this case, the price is below the upper band, meaning a possible near-term rebound (at least) until it is back above the band

    Relative strength index

    The Relative Strength Index is an oscillator-type indicator that track price changes to spot when the share or financial asset is oversold or overbought. Oscillator indicators, such as relative strength, are intended to indicate values in the range of 0-100. The relative strength indicator is one of the best known and most widely used indicators, invented by J. Welles Wilder in 1978

    The RSI dropped below the overbought level of 70 in early August after just crossing to the overbough zone for 1 day (weak signal). The RSI reading today was 38.18. Since then, Prologis price collapsed a 9.23%

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    Earnings and financials

    In mid-July, Prologis had the earnings call and presented the Q2 report. Prologis presented Q2 earnings of $0.54 per share on sales of $1.3 billion. The analysts estimate was $0.46 per share on revenue of $893.0 million.

    This compares to earnings of $0.59 per share same quarter last year, so posted EPS means a decrease of -8.47%. Looking at revenues, figures skyrocketed a 88.42% compared to $700.7M year over year.

    Prologis is hosting the Q3 earnings call on mid next October. Forecasted per-share earnings of %s for this quarter is $0.32. If you own or you are looking to buy Prologis stock, you must be careful as the financial reporting day usually has a very high volatility, and price can gap up or down with very low liquidity and not respecting your buy/stop-loss orders. Check company's website to confirm time and details on the earnings call and the earnings report.

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