SUMMIT HOTEL PROPERTIES INC (INN) Stock Technical Analysis
NYSE:INN - New York Stock Exchange, Inc. - US8660821005 - REIT - Currency: USD
Overall INN gets a technical rating of 4 out of 10. In the past year, INN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, INN is a bad performer in the overall market: 82% of all stocks are doing better.
INN is one of the lesser performing stocks in the Diversified REITs industry. 74% of 128 stocks in the same industry do better.
In the last month INN has a been trading in the 4.18 - 5.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
INN has an average volume of 1641990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INN has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
4.25
7.07
We found 2 important support areas.
- Support @4.48 from a trend line in the daily time frame.
- A support zone ranging from 4.29 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 5.05 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.22 from a trend line in the daily time frame.
- Resistance @6.45 from a trend line in the daily time frame.
- Resistance @6.60 from a horizontal line in the daily time frame.
- Resistance @7.00 from a horizontal line in the daily time frame.
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 INN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INN is up. |
| ChartMill Relative Strength | 18.89 | NEGATIVE | INN has a low relative strength, it was outperformed by 81.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.48 | NEUTRAL | The RSI value for INN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INN has a positive trend. |
| Stochastics (14,3) | 90.47 | OVERBOUGHT | The high Stochastics value suggests INN may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for INN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for INN suggests a possible start of a new trend. |
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)
NYSE:INN (6/25/2025, 3:24:09 PM)
4.985
-0.05 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.09%
1 Week6.11%
2 Weeks10.77%
1 Month21.45%
3 Month-6.67%
6 Month-25.66%
12 Month-15.86%
2 Year-22.58%
3 Year-30.67%
5 Year-15.01%
10 Year-61.26%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.69%
ATR Inc11.66%
Range Today0.16
ADR(20)0.18
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-1.92
10 Day High5.12
10 Day Low4.51
20 Day High5.12
20 Day Low4.18
52 Week High7.22
52 Week Low3.57
CS1 End4.48
CR1 Start5.05
Volume & EV
DER(3)2.51%
DER(5)1.18%
Volume2.80M
Volume Incr150.56%
Vol(5)4.17M
Vol(50)1.64M