SOTHERLY HOTELS INC (SOHO) Stock Technical Analysis
NASDAQ:SOHO • US83600C1036
Taking everything into account, SOHO scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, SOHO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- SOHO is part of the Diversified REITs industry. There are 122 other stocks in this industry. SOHO outperforms 100% of them.
- A new 52 week high is currently being made by SOHO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- Looking at the yearly performance, SOHO did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month SOHO has a been trading in a tight range between 2.14 and 2.25.
- Volume is considerably higher in the last couple of days.
Although SOHO has an excellent technical rating, the quality of the presented setup is not ideal 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.
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0.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.19 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.13 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.26 to 2.26. 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 | UP | POSITIVE | The long term trend for SOHO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOHO is up. |
| ChartMill Relative Strength | 95.69 | POSITIVE | SOHO has a high relative strength, it outperformed 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOHO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOHO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOHO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.27 | NEUTRAL | The RSI value for SOHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOHO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests SOHO may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for SOHO suggests low volalility. |
| Average Directional Index/ADX (14) | 52.16 | POSITIVE | The high ADX value value for SOHO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.27 | 2.20 | 0.07 (3.08%) | 25.00% |
| An entry @2.27. This is a Buy Stop order right above the resistance zone. | An exit @2.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 3.08%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.25
+0.01 (+0.45%)
SOTHERLY HOTELS INC / SOHO FAQ
Can you provide the ChartMill technical rating for SOTHERLY HOTELS INC?
ChartMill assigns a technical rating of 8 / 10 to SOHO.
What is the current trend direction of SOTHERLY HOTELS INC (SOHO) stock?
The current trend direction for SOTHERLY HOTELS INC (SOHO) is Bullish.
Can you provide the RSI signal for SOTHERLY HOTELS INC?
SOTHERLY HOTELS INC (SOHO) has an RSI value of 67.2686. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOTHERLY HOTELS INC?
The MACD indicator for SOTHERLY HOTELS INC (SOHO) has a value of -0.000937721, indicating a bearish trend.
What is the buy/sell signal for SOHO stock?
The buy/sell signal for SOTHERLY HOTELS INC (SOHO) is buy as both the short term and long term trends are positive.