SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SHO - US8678921011 - REIT
Taking everything into account, SHO scores 1 out of 10 in our technical rating. SHO'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.
Although the technical rating is bad, SHO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.06, a Stop Loss order could be placed below this zone.
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8.55
3 important support areas can be observed.
- A support zone ranging from 8.99 to 9.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.80 to 8.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.64 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.11 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 9.79 to 9.93. This zone is formed by a combination of multiple trend lines 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 | 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 | 18.71 | NEGATIVE | SHO has a low relative strength, it was outperformed by 81.29% off all stocks 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) | UP | MIXED | The current price of SHO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SHO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SHO has a negative trend. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SHO suggests low volalility. |
| Average Directional Index/ADX (14) | 9.86 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
9.09
+0.05 (+0.55%)
SUNSTONE HOTEL INVESTORS INC / SHO FAQ
Can you provide the ChartMill technical rating for SUNSTONE HOTEL INVESTORS INC?
ChartMill assigns a technical rating of 1 / 10 to SHO.
What is the current trend direction of SUNSTONE HOTEL INVESTORS INC (SHO) stock?
The current trend direction for SUNSTONE HOTEL INVESTORS INC (SHO) is Bearish.
Can you provide the RSI signal for SUNSTONE HOTEL INVESTORS INC?
SUNSTONE HOTEL INVESTORS INC (SHO) has an RSI value of 47.008. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SUNSTONE HOTEL INVESTORS INC?
The short term momentum for SUNSTONE HOTEL INVESTORS INC (SHO) is negative.
What is the support and resistance level for SHO stock?
SUNSTONE HOTEL INVESTORS INC (SHO) has a support level at 9.06 and a resistance level at 9.11. Check the full technical report for our detailed analysis of SHO support and resistance levels.