SUN COMMUNITIES INC (SUI) Stock Technical Analysis
USA - NYSE:SUI - US8666741041 - REIT
Taking everything into account, SUI scores 4 out of 10 in our technical rating. SUI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SUI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 128.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.40, a Stop Loss order could be placed below this zone.
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117.43
When analyzing the support we can see 2 important areas.
- A support zone ranging from 124.81 to 124.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 118.62 to 122.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 125.81 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 | NEUTRAL | NEUTRAL | The long term trend for SUI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUI is up. |
| ChartMill Relative Strength | 44.1 | 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) | DOWN | NEGATIVE | The current price of SUI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SUI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for SUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SUI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.71 | NEUTRAL | The Stochastics value for SUI is a neutral value. |
| 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) | 13.76 | NEGATIVE | The low ADX value for SUI suggests a weak or negative trend. |
125.79
-1.03 (-0.81%)
SUN COMMUNITIES INC / SUI FAQ
What is the ChartMill technical rating of SUN COMMUNITIES INC (SUI) stock?
ChartMill assigns a technical rating of 4 / 10 to SUI.
What is the current trend direction of SUN COMMUNITIES INC (SUI) stock?
The current trend direction for SUN COMMUNITIES INC (SUI) is Bearish.
Can you provide the RSI signal for SUN COMMUNITIES INC?
SUN COMMUNITIES INC (SUI) has an RSI value of 53.8821. This indicates that the stock is currently neutral.
What are the support and resistance levels for SUN COMMUNITIES INC (SUI) stock?
SUN COMMUNITIES INC (SUI) has a support level at 126.4 and a resistance level at 128.11. Check the full technical report for our detailed analysis of SUI support and resistance levels.