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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.

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