ProLogis's most recent trend suggests a bullish bias. One trading opportunity on ProLogis is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 14.94% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock dropped below the $115.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ProLogis is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for ProLogis is bullish.
The RSI indicator is at 75.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ProLogis
Prologis Sees Record Rent Growth For Logistics Space
Mon, 19 Jul 2021 20:32:24 +0000
Management from logistics real estate investment trust Prologis Inc. (NYSE: PLD) on Monday raised the company's 2021 rent growth forecast by 40 basis points to 10.3% in the U.S and by 300 bps to 8% globally. Rents in the U.S. were up nearly 7% in the first half of the year, which was a record. “There's an ability to push through pricing today,” Hamid Moghadam, chairman and CEO, said on a call with analysts. “You have retail sales jump 20% from pre-pandemic levels and a supply chain that's drying
Prologis, inc (PLD) Q2 2021 Earnings Call Transcript
Mon, 19 Jul 2021 20:30:19 +0000
PLD earnings call for the period ending June 30, 2021.
Prologis (PLD) Beats Q2 FFO Estimates, Raises 2021 Guidance
Mon, 19 Jul 2021 15:45:03 +0000
Prologis (PLD) puts up a decent show in Q2 on robust activity and rent growth as well as raises 2021 outlook.
Prologis Sees Logistics Real Estate Markets Tighten Further In Q2, Raises Guidance
Mon, 19 Jul 2021 14:42:12 +0000
Prologis Inc. (NYSE: PLD) reported Monday that logistics real estate markets tightened further during the second quarter. The San Francisco-based logistics real estate investment trust posted core funds from operations (FFO) of $1.01 per share in the quarter before the market open, 2 cents per share ahead of forecasts. “Demand for logistics space is robust and diverse, and operating conditions remain the healthiest in our 38-year history,” said Hamid R. Moghadam, chairman, and CEO. “Vacancies in
Prologis (PLD) Q2 FFO Top Estimates
Mon, 19 Jul 2021 13:20:01 +0000
Prologis (PLD) delivered FFO and revenue surprises of 2.02% and -1.39%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
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