SUNSTONE HOTEL INVESTORS INC (SHO)

US8678921011 - REIT

10.4  +0.21 (+2.06%)

After market: 10.4 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, SHO scores 4 out of 10 in our technical rating. SHO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

SHO is part of the Diversified REITs industry. There are 127 other stocks in this industry, of which 63% are performing better than SHO.
In the last month SHO has a been trading in the 10.00 - 10.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SHO has an average volume of 1692480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SHO outperforms 43% of them, which is more or less in line with the market.
SHO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHO is lagging the market slightly.
Weekly and Daily overview Charts
SHO Weekly chart
SHO Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SHO does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.38, 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.
Support and Resistance Analysis

9.65

11.50

2 important support areas can be observed.

  • A support zone ranging from 9.95 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.75 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 10.42 to 10.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @10.74 from a trend line in the daily time frame.
  • A resistance zone ranging from 11.05 to 11.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 11.39 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.14
Mansfield-0.89
10 Day High10.86
10 Day Low10.11
20 Day High10.86
20 Day Low10
52 Week High11.59
52 Week Low8.61
Performance
1 Week-0.1%
2 Weeks-1.61%
1 Month0.87%
3 Month0.97%
6 Month-3.53%
12 Month3.59%
2 Year-8.21%
3 Year-9.88%
5 Year-21.27%
10 Year-26.71%
15 Year87.05%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)51.44
LBB10.12
UBB10.81
SHO Daily chart

SUNSTONE HOTEL INVESTORS INC

NYSE:SHO (7/26/2024, 7:04:00 PM)

After market: 10.4 0 (0%)

10.4

+0.21 (+2.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.06%
1 Week-0.1%
2 Weeks-1.61%
1 Month0.87%
3 Month0.97%
6 Month-3.53%
12 Month3.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%2.19%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.86
10 Day Low10.11
20 Day High10.86
20 Day Low10
52 Week High11.59
52 Week Low8.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.85M
Volume Incr-24.88%
Vol(5)1.78M
Vol(50)1.69M