ASHFORD HOSPITALITY PRIME INC (AHP) Technical Analysis
NYSE:AHP • US0441021013
Current stock price
AHP Technical Rating and Analysis
Taking everything into account, AHP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AHP is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- AHP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, AHP outperforms 54% of them, which is more or less in line with the market.
- AHP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AHP is lagging the market.
AHP Weekly and Daily overview Charts
AHP Setup Rating and Analysis
AHP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AHP Support and Resistance Analysis
9.27
3 important support areas can be observed.
- A support zone ranging from 10.21 to 10.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.91 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.36 to 9.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.46 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AHP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AHP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AHP is up. |
| ChartMill Relative Strength | 54.46 | NEUTRAL | AHP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AHP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AHP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AHP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.5 | NEUTRAL | The RSI value for AHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AHP has a negative trend. |
| Stochastics (14,3) | 62.45 | NEUTRAL | The Stochastics value for AHP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for AHP suggests some volalility. |
AHP Chart- and CandleStick Pattern Analysis
AHP Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.47 | 10.20 | 0.27 (2.54%) | 25.00% |
| An entry @10.47. This is a Buy Stop order right above the 10 day moving average. | An exit @10.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.27 points, which is 2.54%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AHP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AHP Technicals: Chart, Performance Metrics, Trend & Indicators
10.38
+0.03 (+0.29%)
ASHFORD HOSPITALITY PRIME INC / AHP TA FAQ
What is the technical rating for AHP stock?
ChartMill assigns a technical rating of 8 / 10 to AHP.
What is the trend direction for AHP stock?
The current trend direction for ASHFORD HOSPITALITY PRIME INC (AHP) is Bullish.
What is the RSI signal for ASHFORD HOSPITALITY PRIME INC (AHP) stock?
ASHFORD HOSPITALITY PRIME INC (AHP) has an RSI value of 59.5046. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASHFORD HOSPITALITY PRIME INC?
The MACD indicator for ASHFORD HOSPITALITY PRIME INC (AHP) has a value of -0.0163958, indicating a bearish trend.
Can you provide the support and resistance levels for ASHFORD HOSPITALITY PRIME INC?
ASHFORD HOSPITALITY PRIME INC (AHP) has a support level at 10.23 and a resistance level at 10.46. Check the full technical report for our detailed analysis of AHP support and resistance levels.