SOTHERLY HOTELS INC (SOHO) Technical Analysis
NASDAQ:SOHO • US83600C1036
Current stock price
SOHO Technical Rating and Analysis
Overall SOHO gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOHO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- SOHO is one of the better performing stocks in the Diversified REITs industry, it outperforms 99% of 122 stocks in the same industry.
- A new 52 week high is currently being made by SOHO, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SOHO is leading the market.
- 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.
SOHO Weekly and Daily overview Charts
SOHO Setup Rating and Analysis
SOHO has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
SOHO Support and Resistance Analysis
0.80
We found 3 important support 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.
SOHO Technical Indicator Signal Analysis
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. |
SOHO Chart- and CandleStick Pattern Analysis
SOHO Example Setup
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.
SOHO Technicals: Chart, Performance Metrics, Trend & Indicators
2.25
+0.01 (+0.45%)
SOTHERLY HOTELS INC / SOHO TA 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.
What is the RSI signal for SOHO stock?
SOTHERLY HOTELS INC (SOHO) has an RSI value of 67.2686. This indicates that the stock is currently neutral.
What is the MACD signal for SOTHERLY HOTELS INC (SOHO) stock?
The MACD indicator for SOTHERLY HOTELS INC (SOHO) has a value of -0.000937721, indicating a bearish trend.
Can you provide the short term momentum for SOTHERLY HOTELS INC?
The short term momentum for SOTHERLY HOTELS INC (SOHO) is positive.