Pinterest Inc (PINS): Price Up $0.31 (0.47)% Over Past Day, Down $-0.59 (-0.88)% Over Past Hour

The Hourly View for PINS

Currently, PINS (Get Ratings)’s price is down $-0.59 (-0.88%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

PINS ranks 116th in terms of today’s price percentage change out of Business Services stocks.

PINS’s Technical Outlook on the Daily Chart

At the time of this writing, PINS’s price is up $0.31 (0.47%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as PINS has now gone up 5 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Pinterest Inc’s price action over the past 90 days can be seen via the chart below.

PINS

For PINS News Traders

Investors and traders in PINS may be particularly interested in the following story that came out in the past day:

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Pinterest, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California–(Newsfile Corp. – June 9, 2021) – The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Pinterest, Inc. (“Pinterest” or “the Company”) (NYSE: PINS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company’s securities between February 4, 2021 and April 27, 2021, inclusi

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