Technical Analysis for IIPR - Innovative Industrial Properties, Inc.

Grade Last Price % Change Price Change
D 173.07 -1.04% -1.82
IIPR closed down 1.04 percent on Wednesday, May 5, 2021, on 24 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical IIPR trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Earnings Movers Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Bollinger Band Squeeze Range Contraction -1.04%
Older End-of-Day Signals for IIPR ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
Lower Bollinger Band Support about 10 hours ago
Down 1% about 11 hours ago
Fell Below Lower Bollinger Band about 11 hours ago
Fell Below Previous Day's Low about 11 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 IBD 50 Cannabis Contract Law Industrial Properties Real Estate Investments David Sobelman Leasing Lease 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 222.082
52 Week Low 66.86
Average Volume 372,901
200-Day Moving Average 158.20
50-Day Moving Average 183.47
20-Day Moving Average 182.82
10-Day Moving Average 180.27
Average True Range 6.14
ADX 18.04
+DI 13.36
-DI 27.02
Chandelier Exit (Long, 3 ATRs ) 177.35
Chandelier Exit (Short, 3 ATRs ) 189.92
Upper Bollinger Band 193.22
Lower Bollinger Band 172.42
Percent B (%b) 0.03
BandWidth 11.38
MACD Line -2.15
MACD Signal Line -1.36
MACD Histogram -0.7865
Fundamentals Value
Market Cap 3.84 Billion
Num Shares 22.2 Million
EPS 3.11
Price-to-Earnings (P/E) Ratio 55.65
Price-to-Sales 26.99
Price-to-Book 2.76
PEG Ratio 0.00
Dividend 4.68
Dividend Yield 2.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 177.08
Resistance 3 (R3) 176.99 175.58 176.41
Resistance 2 (R2) 175.58 174.56 175.62 176.18
Resistance 1 (R1) 174.32 173.93 173.62 174.41 175.96
Pivot Point 172.91 172.91 172.55 172.95 172.91
Support 1 (S1) 171.65 171.89 170.95 171.74 170.18
Support 2 (S2) 170.24 171.26 170.28 169.96
Support 3 (S3) 168.98 170.24 169.73
Support 4 (S4) 169.07