IHT Technical Analysis - INNSUITES HOSPITALITY TRUST

Technical Rating and Analysis

Overall IHT gets a technical rating of 0 out of 10. IHT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, IHT is a bad performer in the overall market: 87% of all stocks are doing better.

IHT is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 74% are performing better than IHT.

IHT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month IHT has a been trading in the 1.64 - 4.24 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INNSUITES HOSPITALITY TRUST / IHT Weekly stock chart

INNSUITES HOSPITALITY TRUST / IHT Daily stock chart

Setup Rating and Analysis

IHT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.68

1.97

We found 1 important resistance area.

A resistance zone ranging from 1.93 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	DOWN	NEGATIVE	The long term trend for IHT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for IHT is down.
ChartMill Relative Strength	13.29	NEGATIVE	IHT has a low relative strength, it was outperformed by 86.71% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of IHT is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of IHT is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of IHT is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.72	NEUTRAL	The RSI value for IHT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests IHT has a negative trend.
Stochastics (14,3)	18.49	OVERSOLD	The low Stochastics value suggests IHT may be oversold.
Average True Range in percent/ATR (20)	17.09	HIGH VOLATILITY	The high ATR as a percentage value for IHT suggests high volalility.
Average Directional Index/ADX (14)	31.73	POSITIVE	The high ADX value value for IHT suggests a strong trend.