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 2 out of 10. SUI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, SUI is a bad performer in the overall market: 70% of all stocks are doing better.
SUI is part of the Residential REITs industry. There are 20 other stocks in this industry. SUI outperforms 73% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SUI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SUI is lagging the market.
In the last month SUI has a been trading in the 122.66 - 130.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SUI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 121.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SUI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
118.73
140.44
We found 1 important support area.
- A support zone ranging from 119.93 to 121.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 125.00 to 127.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SUI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SUI is neutral. |
| ChartMill Relative Strength | 30.5 | NEUTRAL | SUI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SUI is below the rising 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) | 43.76 | NEUTRAL | The RSI value for SUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests SUI has a negative trend. |
| Stochastics (14,3) | 17.32 | OVERSOLD | The low Stochastics value suggests SUI may be oversold. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SUI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.13 | 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)
124.53
-0.7 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.56%
1 Week-2.15%
2 Weeks-1.55%
1 Month0.74%
3 Month0.99%
6 Month-1.07%
12 Month-1.87%
2 Year-4.43%
3 Year-24.05%
5 Year-16.94%
10 Year79.15%
15 Year327.94%
Volatility
ATR(14)2.52
ATR(20)%2.01%
ATR Inc12.44%
Range Today3.91
ADR(20)2.49
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.5
Mansfield-0.98
10 Day High130.54
10 Day Low123.54
20 Day High130.54
20 Day Low122.66
52 Week High147.83
52 Week Low109.22
CS1 End121.37
CR1 Start125
Volume & EV
DER(3)1.66%
DER(5)3.25%
Volume1.64M
Volume Incr39.99%
Vol(5)1.25M
Vol(50)864.10K