SUN COMMUNITIES INC (SUI) Stock Technical Analysis
USA - NYSE:SUI - US8666741041 - REIT
128.11 USD
+0.11 (+0.09%)
128.11 USD
0 (0%)
Overall SUI gets a technical rating of 5 out of 10. Although SUI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SUI is a bad performer in the overall market: 77% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SUI is part of the Residential REITs industry. There are 20 other stocks in this industry. SUI outperforms 94% of them.
SUI has an average volume of 1049240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 a tight range between 124.47 and 131.78.
Although the technical rating is only medium, SUI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 127.84, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
113.47
134.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 125.32 to 127.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.62 to 121.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 114.62 to 114.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 128.11 to 132.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SUI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SUI is neutral. |
| ChartMill Relative Strength | 23 | NEGATIVE | SUI has a low relative strength, it was outperformed by 77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SUI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.76 | NEUTRAL | The RSI value for SUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SUI has a negative trend. |
| Stochastics (14,3) | 50.92 | NEUTRAL | The Stochastics value for SUI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for SUI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.46 | 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)
128.11
+0.11 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.09%
1 Week-1.45%
2 Weeks-1.32%
1 Month1.03%
3 Month1.59%
6 Month-2.19%
12 Month-8.94%
2 Year8.26%
3 Year-5.34%
5 Year-8.89%
10 Year89.06%
15 Year317.3%
Volatility
ATR(14)2.26
ATR(20)%1.72%
ATR Inc-30.2%
Range Today1.99
ADR(20)2.11
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23
Mansfield-0.95
10 Day High131.78
10 Day Low127.2
20 Day High131.78
20 Day Low124.47
52 Week High141.94
52 Week Low109.22
CS1 End127.84
CR1 Start128.11
Volume & EV
DER(3)-2.35%
DER(5)-2.85%
Volume1.80M
Volume Incr27.31%
Vol(5)1.07M
Vol(50)1.05M