Prologis, Inc. is a fully integrated real estate company. Co. operates through two segments: Real Estate Operations (Rental Operations and Development) and Strategic Capital. The Real Estate Operations segment represents the ownership and development of logistics properties. The Strategic Capital segment represents the management of unconsolidated co-investment ventures, and other ventures. It operates, manages and measures the operating performance of its properties on an owned and managed (O&M) basis. Its O&M portfolio includes its consolidated properties, as well as properties owned by its unconsolidated co-investment ventures, which it manages.
When researching a stock like Prologis, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PLD Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PLD stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PLD 200 day moving average ("PLD 200 DMA"), while one of the most popular "shorter look-backs" is the PLD 50 day moving average ("PLD 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Prologis. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the PLD 200 DMA and the PLD 50 DMA, we get a moving average convergence divergence indicator ("PLD MACD"). The PLD MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |