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 4 out of 10. In the past year, SUI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
SUI is part of the Residential REITs industry. There are 20 other stocks in this industry. SUI outperforms 84% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, SUI turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
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.
In the last month SUI has a been trading in the 117.71 - 128.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. There is a resistance zone just above the current price starting at 128.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 125.08, a Stop Loss order could be placed below this zone.
More info and screens
118.73
140.44
When analyzing the support we notice one important area.
- A support zone ranging from 119.93 to 125.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 128.53 to 129.16. 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 | 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 | 50.06 | NEUTRAL | SUI is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SUI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for SUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SUI has a positive trend. |
| Stochastics (14,3) | 45.98 | NEUTRAL | The Stochastics value for SUI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SUI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.8 | 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)
125.94
+2.03 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.64%
1 Week0.41%
2 Weeks1.18%
1 Month1.47%
3 Month-3.85%
6 Month1.83%
12 Month7.16%
2 Year-3.46%
3 Year-20.97%
5 Year-7.18%
10 Year103.69%
15 Year385.13%
Volatility
ATR(14)2.63
ATR(20)%2.1%
ATR Inc-13.78%
Range Today2.27
ADR(20)2.58
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.06
Mansfield-0.56
10 Day High128.66
10 Day Low122.35
20 Day High128.66
20 Day Low117.71
52 Week High147.83
52 Week Low109.22
CS1 End125.08
CR1 Start128.53
Volume & EV
DER(3)-5.24%
DER(5)-2.22%
Volume752.80K
Volume Incr18.25%
Vol(5)882.66K
Vol(50)767.66K