SUNSTONE HOTEL INVESTORS INC (SHO) Stock Technical Analysis
NYSE:SHO - New York Stock Exchange, Inc. - US8678921011 - REIT
Overall SHO gets a technical rating of 6 out of 10. In the last year, SHO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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.
SHO is one of the better performing stocks in the Diversified REITs industry, it outperforms 84% of 129 stocks in the same industry.
SHO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHO is lagging the market slightly.
In the last month SHO has a been trading in the 11.42 - 12.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SHO has an average volume of 2945290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SHO is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
SHO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.13. Right above this resistance zone may be a good entry point.
More info and screens
9.70
12.51
When analyzing the support we can see 3 important areas.
- Support @11.72 from a trend line in the daily time frame.
- A support zone ranging from 9.99 to 10.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.13 to 12.39. 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
CRS70.66
Mansfield0
10 Day High12.27
10 Day Low11.42
20 Day High12.27
20 Day Low11.42
52 Week High12.41
52 Week Low9.39
Performance
1 Week2.09%
2 Weeks-0.42%
1 Month-2.57%
3 Month14.43%
6 Month12.88%
12 Month8.91%
2 Year6.82%
3 Year3.8%
5 Year-7.41%
10 Year-31.14%
15 Year36.67%
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)-0.06
RSI(14)50.18
LBB11.43
UBB12.15
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.80 | 11.71 | 0.09 (0.79%) | 25.00% |
| An entry @11.80. This is a Buy Stop order right above the 10 day moving average. | An exit @11.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 0.79%. | For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SHO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SUNSTONE HOTEL INVESTORS INC
NYSE:SHO (1/21/2025, 8:26:33 PM)
After market: 11.74 0 (0%)11.74
+0.02 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.17%
1 Week2.09%
2 Weeks-0.42%
1 Month-2.57%
3 Month14.43%
6 Month12.88%
12 Month8.91%
2 Year6.82%
3 Year3.8%
5 Year-7.41%
10 Year-31.14%
15 Year36.67%
Volatility
ATR(14)0.24
ATR(20)%2.01%
ATR Inc-43.52%
Range Today0.13
ADR(20)0.22
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.66
Mansfield0
10 Day High12.27
10 Day Low11.42
20 Day High12.27
20 Day Low11.42
52 Week High12.41
52 Week Low9.39
CS1 End11.72
CR1 Start12.13
Volume & EV
DER(3)-4.84%
DER(5)-2.08%
Volume861.50K
Volume Incr-24.35%
Vol(5)1.80M
Vol(50)2.95M