SUMMIT HOTEL PROPERTIES INC (INN)
US8660821005 - REIT
Taking everything into account, INN scores 1 out of 10 in our technical rating. INN'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.
76% of all other stocks performed better in the past year than INN.
INN is one of the lesser performing stocks in the Diversified REITs industry. 63% of 127 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
INN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INN is lagging the market.
In the last month INN has a been trading in the 5.98 - 6.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, INN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for INN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.85
7.03
We found 2 important support areas.
- Support @6.03 from a trend line in the daily time frame.
- Support @5.91 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.36 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.73 to 6.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.39
Mansfield-1.05
10 Day High6.44
10 Day Low5.98
20 Day High6.63
20 Day Low5.98
52 Week High7.26
52 Week Low5.31
Performance
1 Week1.96%
2 Weeks1.63%
1 Month-3.1%
3 Month-5.45%
6 Month-2.04%
12 Month-7.54%
2 Year-28.49%
3 Year-34.96%
5 Year-45.32%
10 Year-37.75%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)49.16
LBB5.99
UBB6.38
SUMMIT HOTEL PROPERTIES INC
NYSE:INN (5/6/2024, 8:49:45 AM)
6.29
+0.04 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.64%
1 Week1.96%
2 Weeks1.63%
1 Month-3.1%
3 Month-5.45%
6 Month-2.04%
12 Month-7.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%2.69%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.44
10 Day Low5.98
20 Day High6.63
20 Day Low5.98
52 Week High7.26
52 Week Low5.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.40K
Volume Incr-2.26%
Vol(5)646.84K
Vol(50)746.83K