SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
USA - NYSE:SHO - US8678921011 - REIT
9.78 USD
-0.14 (-1.41%)
9.781 USD
+0 (+0.01%)
Taking everything into account, SHO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SHO is only an average performer.
The long and short term trends are both positive. This is looking good!
SHO has an average volume of 2252130 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 41% of them, which is more or less in line with the market.
SHO is an average performer in the Diversified REITs industry, it outperforms 66% of 130 stocks in the same industry.
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 9.16 - 10.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SHO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
8.50
10.03
3 important support areas can be observed.
- A support zone ranging from 9.54 to 9.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.80 to 9.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.59 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The long term trend for SHO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHO is up. |
| ChartMill Relative Strength | 41.37 | NEUTRAL | SHO is not amongst the best or worst performers 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) | 59.97 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.45 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.37 | POSITIVE | The high ADX value value for SHO 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 |
|---|---|---|---|
| 9.94 | 9.53 | 0.41 (4.12%) | 24.24% |
| An entry @9.94. This is a Buy Stop order right above the resistance zone. | An exit @9.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.41 points, which is 4.12%. | When investing 24.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
9.78
-0.14 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.41%
1 Week0%
2 Weeks2.3%
1 Month7.47%
3 Month12.41%
6 Month0.51%
12 Month-9.02%
2 Year4.6%
3 Year3.82%
5 Year23.17%
10 Year-26.08%
15 Year7.83%
Volatility
ATR(14)0.27
ATR(20)%2.73%
ATR Inc-3.99%
Range Today0.22
ADR(20)0.25
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.37
Mansfield-1.17
10 Day High10.27
10 Day Low9.24
20 Day High10.27
20 Day Low9.16
52 Week High12.41
52 Week Low7.45
CS1 End9.62
CR1 Start9.79
Volume & EV
DER(3)2.72%
DER(5)2.63%
Volume6.34M
Volume Incr61.68%
Vol(5)3.72M
Vol(50)2.25M