SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SHO - US8678921011 - REIT
Overall SHO gets a technical rating of 5 out of 10. 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.
Although the technical rating is only medium, SHO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.39, 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
8.55
3 important support areas can be observed.
- A support zone ranging from 8.99 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.80 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.
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 | 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 | 22.42 | NEGATIVE | SHO has a low relative strength, it was outperformed by 77.58% 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 | MIXED | The current price of SHO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.17 | 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. |
| Stochastics (14,3) | 73.19 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.39 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
9.42
+0.13 (+1.4%)
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.
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 58.1747. 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 0.0329856, 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 positive.