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Archive
- 4/5/2024 -
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Host Hotels & Resorts (HST) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Host Hotels & Resorts (HST). During the week, the HST dropped -0.40 points, or -1.93%, and closed at 20.28 on Friday, April 5, 2024. It was the worst weekly loss since October 27, 2023. Weekly volume was -37% below average.
HST is a member of Real Estate Sector. Real Estate is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See HST long-term trend chart]
A long-term uptrend had started on March 24, 2023 at 14.51 and reached 21.31 on March 5, 2024. HST gained -6.80 points, or -46.86%, in 49 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 15.54 and resistance is at 21.61. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See HST medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 14.92 and reached 21.31 on March 5, 2024. HST gained -6.39 points, or -42.83%, in 18 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (20.83) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HST may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See HST weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See HST short-term trend chart]
A short-term downtrend had started on March 5, 2024 at 21.31 and reached 20.01 on April 4, 2024. HST lost 1.30 points, or 6.10%, in 30 days. The price is now at the 20.77% retracement level.
 Daily Technical Indicators: [See HST daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The daily MACD line is below its signal line since March 12, 2024. This is an indication that the short-term trend is down.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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