SOHO HOUSE & CO INC (SHCO) Stock Technical Analysis
USA - NYSE:SHCO - US5860011098 - Common Stock
8.85 USD
+0.01 (+0.11%)
8.85 USD
0 (0%)
Overall SHCO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHCO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SHCO did better than 89% of all other stocks.
SHCO is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 93% of 135 stocks in the same industry.
SHCO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SHCO 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SHCO has an average volume of 1164480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHCO has a been trading in a tight range between 8.82 and 8.92.
Besides having an excellent technical rating, SHCO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
4.86
9.02
When analyzing the support we can see 6 important areas.
- A support zone ranging from 8.83 to 8.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.99 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.55 from a trend line in the daily time frame.
- Support @6.22 from a horizontal line in the daily time frame.
- Support @5.41 from a trend line in the weekly time frame.
- Support @4.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.85 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SHCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHCO is up. |
| ChartMill Relative Strength | 89.89 | POSITIVE | SHCO has a high relative strength, it outperformed 89.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.57 | OVERBOUGHT | The high RSI value suggests SHCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SHCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests SHCO may be oversold. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for SHCO suggests low volalility. |
| Average Directional Index/ADX (14) | 61.55 | POSITIVE | The high ADX value value for SHCO suggests a strong 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)
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 |
|---|---|---|---|
| 8.86 | 8.83 | 0.03 (0.36%) | 25.00% |
| An entry @8.86. This is a Buy Stop order right above the 10 day moving average. | An exit @8.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.36%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
8.85
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.11%
1 Week0%
2 Weeks-0.11%
1 Month0.23%
3 Month15.69%
6 Month66.67%
12 Month67.3%
2 Year27.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.27%
ATR Inc0%
Range Today0.01
ADR(20)0.02
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.89
Mansfield1.83
10 Day High8.88
10 Day Low8.84
20 Day High8.92
20 Day Low8.82
52 Week High8.92
52 Week Low4.6
CS1 End8.83
CR1 Start8.85
Volume & EV
DER(3)-0.54%
DER(5)-0.26%
Volume422.50K
Volume Incr-37.92%
Vol(5)427.88K
Vol(50)1.16M