SOTHERLY HOTELS INC (SOHO) Stock Technical Analysis
USA - NASDAQ:SOHO - US83600C1036 - REIT
0.7942 USD
-0.02 (-2.6%)
0.82 USD
+0.03 (+3.25%)
We assign a technical rating of 1 out of 10 to SOHO. SOHO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than SOHO.
SOHO is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 83% are performing better than SOHO.
SOHO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SOHO has a been trading in the 0.78 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
SOHO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.81. Right above this resistance zone may be a good entry point.
More info and screens
0.69
1.47
When analyzing the support we can see 4 important areas.
- Support @0.78 from a horizontal line in the daily time frame.
- Support @0.75 from a trend line in the weekly time frame.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.70 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.81 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.46 from a horizontal line in the weekly time frame.
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 SOHO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOHO is neutral. |
| ChartMill Relative Strength | 10.44 | NEGATIVE | SOHO has a low relative strength, it was outperformed by 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOHO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOHO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOHO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.8 | NEUTRAL | The RSI value for SOHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SOHO has a negative trend. |
| Stochastics (14,3) | 8.8 | OVERSOLD | The low Stochastics value suggests SOHO may be oversold. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for SOHO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.14 | POSITIVE | The high ADX value value for SOHO suggests a strong trend. |
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)
0.7942
-0.02 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.6%
1 Week-1.94%
2 Weeks-5.96%
1 Month1.76%
3 Month-8.32%
6 Month22.18%
12 Month-34.36%
2 Year-49.73%
3 Year-64.7%
5 Year-47.75%
10 Year-86.61%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%10.54%
ATR Inc-71.69%
Range Today0.02
ADR(20)0.08
ADR(20)%10.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.44
Mansfield-1.99
10 Day High0.87
10 Day Low0.78
20 Day High1.19
20 Day Low0.78
52 Week High1.54
52 Week Low0.59
CS1 End0.78
CR1 Start0.81
Volume & EV
DER(3)-9.98%
DER(5)-4.86%
Volume95.40K
Volume Incr-86.89%
Vol(5)59.76K
Vol(50)217.33K