Technical Analysis for IIPR - Innovative Industrial Properties, Inc.

Grade Last Price % Change Price Change
B 97.71 -0.17% -0.17
IIPR closed down 0.17 percent on Friday, April 26, 2024, on 48 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: May 6
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gapped Down Weakness -0.17%
20 DMA Resistance Bearish -0.99%
NR7 Range Contraction -0.99%
Up 3 Days in a Row Strength -0.99%
Up 4 Days in a Row Strength -0.99%
Up 5 Days in a Row Strength -0.99%
Up 3 Days in a Row Strength -0.93%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 14 hours ago
20 DMA Resistance about 15 hours ago
Rose Above 20 DMA about 20 hours ago
Rose Above Previous Day's High about 20 hours ago
Up 1% about 20 hours ago

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Profile

Innovative Industrial Properties, Inc. Description

Innovative Industrial Properties, Inc. is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases. It is focused on leasing its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance. The Company intends to conduct business in an umbrella partnership real estate investment trust (UPREIT), structure through its operating partnership. The Company's real estate investments will consist of primarily properties suitable for cultivation and production of medical-use cannabis.


Classification

Sector: Real Estate
Industry: REIT - Industrial
Keywords: Real Estate Investment Trust Cannabis Contract Law Real Estate Investment Industrial Properties Leasing Lease David Sobelman Leaseback W. P. Carey Private Law

Is IIPR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 105.01
52 Week Low 59.9503
Average Volume 209,867
200-Day Moving Average 84.68
50-Day Moving Average 96.61
20-Day Moving Average 98.23
10-Day Moving Average 96.24
Average True Range 2.23
RSI (14) 50.50
ADX 16.46
+DI 26.67
-DI 23.03
Chandelier Exit (Long, 3 ATRs) 98.33
Chandelier Exit (Short, 3 ATRs) 100.20
Upper Bollinger Bands 103.59
Lower Bollinger Band 92.88
Percent B (%b) 0.45
BandWidth 10.90
MACD Line -0.13
MACD Signal Line -0.02
MACD Histogram -0.1151
Fundamentals Value
Market Cap 2.74 Billion
Num Shares 28 Million
EPS 5.78
Price-to-Earnings (P/E) Ratio 16.90
Price-to-Sales 8.63
Price-to-Book 1.33
PEG Ratio 0.00
Dividend 7.20
Dividend Yield 7.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 100.01
Resistance 3 (R3) 100.26 99.74 99.62
Resistance 2 (R2) 99.74 99.16 99.62 99.49
Resistance 1 (R1) 98.73 98.80 98.47 98.48 99.37
Pivot Point 98.21 98.21 98.09 98.09 98.21
Support 1 (S1) 97.20 97.63 96.94 96.95 96.05
Support 2 (S2) 96.68 97.27 96.56 95.93
Support 3 (S3) 95.67 96.68 95.80
Support 4 (S4) 95.42