Sun Communities Technical Analysis (NYSE:SUI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. When a chart pattern that can predict future Sun Communities stock price movements is formed, the SUI stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Sun Communities. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Sun Communities stock analysis using these technical indicators helps identify trading opportunities.
Sun Communities Moving Average:
Moving averages show the SUI stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $88.62 is below the price of $88.78.
Sun Communities Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Sun Communities. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $88.78 is in the lower range of Sun Communities bollinger bands.
Sun Communities Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Sun Communities MACD indicator can be used to identify bullish and bearish trends for the stock.
Sun Communities Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 48.18 is the RSI value of SUI stock. .