NYSE:SHO - New York Stock Exchange, Inc. - US8678921011 - REIT - Currency: USD
Taking everything into account, SHO scores 1 out of 10 in our technical rating. SHO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SHO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.80, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
8.50
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for SHO is neutral. |
ChartMill Relative Strength | 19.54 | NEGATIVE | SHO has a low relative strength, it was outperformed by 80.46% 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) | 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) | 55 | NEUTRAL | The RSI value for SHO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SHO has a positive trend. |
Stochastics (14,3) | 41.99 | NEUTRAL | The Stochastics value for SHO is a neutral value. |
Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for SHO suggests some volalility. |
Average Directional Index/ADX (14) | 9.36 | NEGATIVE | The low ADX value for SHO suggests a weak or negative trend. |
NYSE:SHO (6/30/2025, 9:56:03 AM)
8.78
-0.05 (-0.57%)