SUMMIT HOTEL PROPERTIES INC (INN) Stock Technical Analysis
NYSE:INN - New York Stock Exchange, Inc. - US8660821005 - REIT
Taking everything into account, INN scores 5 out of 10 in our technical rating. In the last year, INN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, INN turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
INN is an average performer in the Diversified REITs industry, it outperforms 66% of 129 stocks in the same industry.
INN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INN is lagging the market.
In the last month INN has a been trading in the 6.33 - 6.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, INN does present a nice setup opportunity. 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 6.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.74, a Stop Loss order could be placed below this zone.
More info and screens
5.94
7.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.63 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.00 to 6.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.96 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.15 to 7.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.02
Mansfield-0.42
10 Day High6.89
10 Day Low6.33
20 Day High6.99
20 Day Low6.33
52 Week High7.22
52 Week Low5.66
Performance
1 Week2.43%
2 Weeks-0.59%
1 Month1.2%
3 Month8.36%
6 Month10.31%
12 Month-0.3%
2 Year-20.89%
3 Year-28.45%
5 Year-39.22%
10 Year-47.43%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)52.09
LBB6.51
UBB6.89
SUMMIT HOTEL PROPERTIES INC
NYSE:INN (1/21/2025, 8:07:43 PM)
After market: 6.74 0 (0%)6.74
+0.07 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.05%
1 Week2.43%
2 Weeks-0.59%
1 Month1.2%
3 Month8.36%
6 Month10.31%
12 Month-0.3%
2 Year-20.89%
3 Year-28.45%
5 Year-39.22%
10 Year-47.43%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.3%
ATR Inc-27.87%
Range Today0.08
ADR(20)0.15
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.02
Mansfield-0.42
10 Day High6.89
10 Day Low6.33
20 Day High6.99
20 Day Low6.33
52 Week High7.22
52 Week Low5.66
CS1 End6.74
CR1 Start6.96
Volume & EV
DER(3)1.82%
DER(5)0.96%
Volume350.80K
Volume Incr-51.1%
Vol(5)387.80K
Vol(50)699.48K