SUNSTONE HOTEL INVESTORS INC (SHO) Technical Analysis
NYSE:SHO • US8678921011
Current stock price
SHO Technical Rating and Analysis
Overall SHO gets a technical rating of 1 out of 10. SHO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month SHO has a been trading in the 8.86 - 9.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- SHO has an average volume of 2065430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SHO turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- SHO is an average performer in the Diversified REITs industry, it outperforms 49% of 122 stocks in the same industry.
- SHO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHO is lagging the market slightly.
SHO Weekly and Daily overview Charts
SHO Setup Rating and Analysis
SHO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.99, a Stop Loss order could be placed below this zone.
More info and screens
SHO Support and Resistance Analysis
8.55
2 important support areas can be observed.
- A support zone ranging from 8.80 to 8.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.05 to 9.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.44 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.79 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHO 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 SHO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHO is down. |
| ChartMill Relative Strength | 46.74 | NEUTRAL | SHO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SHO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.38 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SHO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.6 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
SHO Chart- and CandleStick Pattern Analysis
SHO Technicals: Chart, Performance Metrics, Trend & Indicators
9.01
+0.02 (+0.22%)
SUNSTONE HOTEL INVESTORS INC / SHO TA FAQ
Can you provide the ChartMill technical rating for SUNSTONE HOTEL INVESTORS INC?
ChartMill assigns a technical rating of 1 / 10 to SHO.
Can you provide the trend direction for SUNSTONE HOTEL INVESTORS INC?
The current trend direction for SUNSTONE HOTEL INVESTORS INC (SHO) is Bearish.
What is the RSI signal for SHO stock?
SUNSTONE HOTEL INVESTORS INC (SHO) has an RSI value of 45.3799. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SUNSTONE HOTEL INVESTORS INC?
The MACD indicator for SUNSTONE HOTEL INVESTORS INC (SHO) has a value of -0.012966, indicating a bearish trend.
Can you provide the support and resistance levels for SUNSTONE HOTEL INVESTORS INC?
SUNSTONE HOTEL INVESTORS INC (SHO) has a support level at 8.99 and a resistance level at 9.05. Check the full technical report for our detailed analysis of SHO support and resistance levels.