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Last Price: 34.02 - Change: 0.5 - Change %: 1.4916
Industry: Internet Content & InformationFollow @stockchartsai on Twitter
In the past 30 trading days, PINS has been trading in a range between $32.25 and $24.10 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PINS is trading below resistance at $34.79, about 2% to the upside. There is support at $28.14 -17% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Pinterest Inc (PINS) entered a Green zone 27 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 4.108, which is a Strong Buy. The current analyst target price is $32.83, which gives it a potential down side of -3.5 % from the recent price of 34.02. The stock is trading 2.97% (potential upside) below its 52 week high of $35.03 and 65.15 % (potential downside) above its 52 week low of $20.60 - based on the recent price.
Pinterest, Inc operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find ideas, such as recipes, home and style inspiration, and others; provides video, product, and idea pins; and offers organizing and planning tools.
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