SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
NYSE:SHO - New York Stock Exchange, Inc. - US8678921011 - REIT - Currency: USD
Overall SHO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SHO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SHO is a bad performer in the overall market: 76% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SHO has an average volume of 2325950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SHO is part of the Diversified REITs industry. There are 129 other stocks in this industry, SHO did better than 53% of them.
SHO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHO is lagging the market.
In the last month SHO has a been trading in the 8.48 - 9.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.90, a Stop Loss order could be placed below this zone.
More info and screens
8.50
9.36
We found 2 important support areas.
- A support zone ranging from 8.76 to 8.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @8.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.12 to 9.27. 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 | NEUTRAL | NEUTRAL | The long term trend for SHO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHO is up. |
| ChartMill Relative Strength | 24.65 | NEGATIVE | SHO has a low relative strength, it was outperformed by 75.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.11 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SHO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.41 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.36 | NEGATIVE | The low ADX value for SHO suggests a weak or negative 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)
9.01
-0.05 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.55%
1 Week3.44%
2 Weeks4.28%
1 Month1.46%
3 Month1.01%
6 Month-19.55%
12 Month-10.26%
2 Year0.33%
3 Year-17.26%
5 Year8.16%
10 Year-34.85%
15 Year5.13%
Volatility
ATR(14)0.23
ATR(20)%2.31%
ATR Inc-4.41%
Range Today0.18
ADR(20)0.2
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.65
Mansfield-1.79
10 Day High9.28
10 Day Low8.48
20 Day High9.28
20 Day Low8.48
52 Week High12.41
52 Week Low7.45
CS1 End8.9
CR1 Start9.12
Volume & EV
DER(3)0.1%
DER(5)-0.52%
Volume4.01M
Volume Incr28.15%
Vol(5)2.43M
Vol(50)2.33M