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Prologis Inc (PLD-N) Quote - Press Release

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Prologis Inc (PLD) Crosses Pivot Point Support at $85.68

Comtex SmarTrend(R) - Mon Oct 7, 9:14AM CDT

Shares of Prologis Inc (NYSE:PLD) opened today below their pivot of $86.01 and have already reached the first level of support at $85.68. Should the shares continue to fall, the support pivots of $85.18 and $84.35 will be of interest.

In the past 52 weeks, Prologis Inc share prices have been bracketed by a low of $55.21 and a high of $86.94 and are now at $85.56, 55% above that low price. The 200-day and 50-day moving averages have moved 0.71% higher and 0.41% higher over the past week, respectively.

Prologis Inc (NYSE:PLD) is currently priced 17.9% above its average consensus analyst price target of $70.23. The stock should discover initial support at its 50-day moving average (MA) of $83.31 and subsequent support at its 200-day MA of $75.31.

SmarTrend is tracking the current trend status for Prologis Inc and will alert subscribers who have PLD in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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