SUN COMMUNITIES INC (SUI) Stock Technical Analysis
NYSE:SUI - New York Stock Exchange, Inc. - US8666741041 - REIT - Currency: USD
Overall SUI gets a technical rating of 0 out of 10. SUI 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 negative, as is the long term trend. There should be more interesting stocks out there.
62% of all other stocks performed better in the past year than SUI.
In the last month SUI has a been trading in the 117.14 - 133.19 range, which is quite wide. It is currently trading near the lows of this range.
SUI is part of the Residential REITs industry. There are 20 other stocks in this industry, SUI did better than 42% of them.
SUI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SUI is lagging the market slightly.
Although the technical rating is bad, SUI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 123.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.73, a Stop Loss order could be placed below this zone.
More info and screens
117.43
140.44
When analyzing the support we notice one important area.
- A support zone ranging from 118.62 to 121.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 123.83 to 125.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 129.96 to 130.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @133.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 136.16 to 136.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.05 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 | DOWN | NEGATIVE | The long term trend for SUI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUI is down. |
| ChartMill Relative Strength | 38.62 | NEUTRAL | SUI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.56 | NEUTRAL | The RSI value for SUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SUI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.77 | NEUTRAL | The Stochastics value for SUI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for SUI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for SUI suggests a weak or negative 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)
122.41
+1.64 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.36%
1 Week1.22%
2 Weeks3.2%
1 Month-1.62%
3 Month-10.09%
6 Month-3.1%
12 Month3.75%
2 Year-3.33%
3 Year-25.42%
5 Year-10.77%
10 Year93.96%
15 Year313.83%
Volatility
ATR(14)3.09
ATR(20)%2.75%
ATR Inc-33.03%
Range Today1.92
ADR(20)3.12
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.62
Mansfield-0.73
10 Day High124.6
10 Day Low117.71
20 Day High133.19
20 Day Low117.14
52 Week High147.83
52 Week Low109.22
CS1 End121.73
CR1 Start123.83
Volume & EV
DER(3)-5.6%
DER(5)-3.05%
Volume734.48K
Volume Incr-12.12%
Vol(5)656.98K
Vol(50)743.95K