SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SHO - US8678921011 - REIT
Taking everything into account, SHO scores 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 81% of all other stocks performed better in the past year than SHO.
- SHO is part of the Diversified REITs industry. There are 124 other stocks in this industry, of which 76% are performing better than SHO.
- In the last month SHO has a been trading in the 8.74 - 9.47 range, which is quite wide. It is currently trading near the lows of this range.
- SHO has an average volume of 1859070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
SHO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.50
When analyzing the support we notice one important area.
- A support zone ranging from 8.59 to 8.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Strong resistance @8.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.03 to 9.49. 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 | 19.68 | NEGATIVE | SHO has a low relative strength, it was outperformed by 80.32% 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) | 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) | 38.42 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SHO has a negative trend. |
| Stochastics (14,3) | 11.66 | OVERSOLD | The low Stochastics value suggests SHO may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
8.75
-0.1 (-1.13%)
SUNSTONE HOTEL INVESTORS INC / SHO FAQ
Can you provide the ChartMill technical rating for SUNSTONE HOTEL INVESTORS INC?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for SUNSTONE HOTEL INVESTORS INC?
SUNSTONE HOTEL INVESTORS INC (SHO) has an RSI value of 38.4175. This indicates that the stock is currently neutral.
What is the MACD signal for SUNSTONE HOTEL INVESTORS INC (SHO) stock?
The MACD indicator for SUNSTONE HOTEL INVESTORS INC (SHO) has a value of -0.0457836, indicating a bearish trend.
What is the short term momentum for SUNSTONE HOTEL INVESTORS INC (SHO) stock?
The short term momentum for SUNSTONE HOTEL INVESTORS INC (SHO) is negative.