SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
USA - NYSE:SHO - US8678921011 - REIT
We assign a technical rating of 5 out of 10 to SHO. In the last year, SHO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SHO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SHO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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8.50
We found 3 important support areas.
- A support zone ranging from 9.22 to 9.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.73 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @8.59 from a horizontal line in the daily time frame.
We found 1 important resistance 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 | 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 | 38.37 | 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 | MIXED | The current price of SHO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.13 | NEUTRAL | The RSI value for SHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SHO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.6 | 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) | 19.08 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
9.51
-0.07 (-0.73%)
SUNSTONE HOTEL INVESTORS INC / SHO FAQ
Can you provide the ChartMill technical rating for SUNSTONE HOTEL INVESTORS INC?
ChartMill assigns a technical rating of 5 / 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 56.1347. 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 positive.
What is the support and resistance level for SHO stock?
SUNSTONE HOTEL INVESTORS INC (SHO) has a support level at 9.35 and a resistance level at 9.79. Check the full technical report for our detailed analysis of SHO support and resistance levels.