Prologis stock: buy or sell

PLD stock price: $97.68 2.28% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

Prologis stock brief

  • Counting last Friday, it's been 4 consecutive sessions in positive for Prologis. Price closed last Friday at $97.68 after climbing a 2.28%.
  • Prologis is presenting its earnings report on Wednesday
  • From the chart point view, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. shares price lost a -12.57% since the downtrend started.
  • Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.

Should I buy Prologis stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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

Should I sell Prologis stock?

Do you know when is it time to sell Prologis stock?. Like when we have to buy shares, deciding when is the best time to sell is not a random decision, and we must adhere our own trading style. When selling, as well as buying, our strategies are very simple to follow but are only applicable for selling stocks in your porfolio, not for shorting $PLD stock

As a rule of thumb, you must never hold a trade that leads to losses greater than those expected upon purchase. The moment to sell your stock always has to 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 green can keep their positions

Prologis ratings

We don't have any rating published in the last month for Prologis

Prologis stock analysis

From a technical standpoint, Prologis continues in downtrend since last November, and has accumulated a selloff of -12.57%. The stock drew 2 consecutive lower tops.

SMAs overview

PLD stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $98.94 (1.29% above)
  • R2: $100.76 (3.15% above)
  • R3: $103.46 (5.92% above)
  • The current support levels are:

  • S1: $97.23 (-0.46% below)
  • S2: $97.19 (-0.50% below)
  • S3: $96.01 (-1.71% below)
  • Bollinger bands

    Since the price broke down the lower band on January 6, the price rebounded by 4.59%. The price is trading near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a bearish indicator, as price can move in these levels for many days and weeks

    PLD stock Bollinger Bands chart

    Relative strength index

    When the fluctuates for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator turns out to be of little use, and we are now in such a case.

    PLD stock RSI chart

    Prologis stock price history

    Prologis went public priced at an adjusted price1 of $8.87 on Nov 1997. Since then, PLD stock surged by 1,001.24%, with an average of 43.53% per year. An investment of thousand dollars on the IPO would worth $11,012.40 today.

    1: Adjusted price after possible price splits or reverse-splits

    PLD stock price history chart

    Price target for Prologis stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the release of new financial data by the company, and many times. Again, these predictions are not direct recommendations for individual investors and must not be followed blindly.

    We don't have any target price posted in the last 30 days for Prologis.

    Earnings and financials

    Prologis ($PLD) posts quarterly financial report on Wednesday. Expected for this quarter is $0.36, compared to $0.90 that was reported for Q3.

    Financial reporting day has a more than usual risk for investors as the information published can soar and sink the price with exceptionally low volume and not respecting your buy/stop-loss orders. You can uncover more information about the earnings conference call and the earnings reports on the Investor Relations section of its website: http://www.prologis.com.

    Prologis, Inc. ($PLD) published quarterly earnings of $0.90 per share last October, strongly upping the analysts consensus estimate of $0.32 per share. This Q3 report means an earnings surprise of 181.25%. On the contrary, the company reported turnover for Q3 was $980.2 million in line with analysts' forecasts.

    Compared to the same quarter one year ago, EPS was $0.69, so posted EPS is a increase of 30.43%. Looking at revenues, figures skyrocketed a 17.02% compared to $9.9B same quarter a year ago.

    Prologis performance

    PLD performance compared
    Company1m3m6m
    Prologis ($PLD) -1.10% -6.20% 4.10%

    Disclaimer:
    The opinions given in this post are personal and not recommendations for you to buy or sell shares. The author of this paper does not have an understanding of the specific situations of the reader, his or her 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 informational reasons only

    Prologis summary

    Friday, January 15th, 2021
    Open$95.27
    Close$97.68
    Day range$95.25 - $97.73
    Previous close$95.5
    Session gain2.28%
    Average true range$2.62
    50d mov avg$98.55
    100d mov avg$99.82
    200d mov avg$95.96
    Earnings dateJanuary 20th, 2021

    Frequently asked questions

    What is Prologis stock symbol?

    Prologis, Inc. is a public company trading in the US stock market with the PLD symbol

    Is Prologis stock a buy or sell?

    Prologis had no ratings in the last 4 weeks Read the article to get additional tips on trading PLD stock.

    Will PLD go up?

    There were no predictions posted by analysts in the last 4 weeks for Prologis.