SUNSTONE HOTEL INVESTORS INC (SHO)

US8678921011 - REIT

11.13  +0.21 (+1.92%)

Premarket: 11.07 -0.06 (-0.54%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to SHO. In the last year, SHO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SHO is part of the Diversified REITs industry. There are 127 other stocks in this industry. SHO outperforms 72% of them.
SHO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHO is lagging the market slightly.
SHO has an average volume of 1971170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SHO outperforms 60% of them, which is more or less in line with the market.
In the last month SHO has a been trading in the 10.82 - 11.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SHO Weekly chart
SHO Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SHO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.05, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.31

11.50

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 10.73 to 11.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.41 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.15 to 11.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.39 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.33
Mansfield-0.44
10 Day High11.25
10 Day Low10.82
20 Day High11.59
20 Day Low10.82
52 Week High11.59
52 Week Low8.61
Performance
1 Week0.45%
2 Weeks0.09%
1 Month-0.45%
3 Month3.73%
6 Month19.04%
12 Month12.65%
2 Year-5.52%
3 Year-10.67%
5 Year-22.71%
10 Year-18.94%
15 Year323.19%
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)-0.03
RSI(14)53
LBB10.82
UBB11.37
SHO Daily chart

SUNSTONE HOTEL INVESTORS INC

NYSE:SHO (3/27/2024, 8:04:00 PM)

Premarket: 11.07 -0.06 (-0.54%)

11.13

+0.21 (+1.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.92%
1 Week0.45%
2 Weeks0.09%
1 Month-0.45%
3 Month3.73%
6 Month19.04%
12 Month12.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%1.88%
ATR Inc
Range Today0.2
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 High11.25
10 Day Low10.82
20 Day High11.59
20 Day Low10.82
52 Week High11.59
52 Week Low8.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.02M
Volume Incr-5.55%
Vol(5)2.05M
Vol(50)1.97M