Overall SOHON gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SOHON is only an average performer.
- Warning: SOHON has an average volume of 9452 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- SOHON is one of the better performing stocks in the Diversified REITs industry, it outperforms 81% of 125 stocks in the same industry.
- In the last month SOHON has a been trading in the 15.01 - 16.31 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, SOHON did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- SOHON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOHON is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SOHON has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.01 to 15.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.29 to 16.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.06 to 17.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.50 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SOHON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOHON is up. |
| ChartMill Relative Strength | 77.22 | POSITIVE | SOHON has a high relative strength, it outperformed 77.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOHON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOHON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SOHON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 81.52 | OVERBOUGHT | The high RSI value suggests SOHON may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SOHON has a positive trend. |
| Stochastics (14,3) | 63.59 | NEUTRAL | The Stochastics value for SOHON is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for SOHON suggests low volalility. |
| Average Directional Index/ADX (14) | 34.53 | POSITIVE | The high ADX value value for SOHON suggests a strong trend. |
16.28
+0.92 (+5.99%)
SOTHERLY HOTELS INC - SOHO 8 1/4 PERP / SOHON FAQ
What is the ChartMill technical rating of SOTHERLY HOTELS INC - SOHO 8 1/4 PERP (SOHON) stock?
ChartMill assigns a technical rating of 7 / 10 to SOHON.
What is the trend direction for SOHON stock?
The current trend direction for SOTHERLY HOTELS INC - SOHO 8 1/4 PERP (SOHON) is Bullish.
What is the RSI signal for SOHON stock?
SOTHERLY HOTELS INC - SOHO 8 1/4 PERP (SOHON) has an RSI value of 81.5209. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SOTHERLY HOTELS INC - SOHO 8 1/4 PERP?
The MACD indicator for SOTHERLY HOTELS INC - SOHO 8 1/4 PERP (SOHON) has a value of 0.0661832, indicating a bearish trend.
What is the short term momentum for SOHON stock?
The short term momentum for SOTHERLY HOTELS INC - SOHO 8 1/4 PERP (SOHON) is positive.