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Downtrend Broken Resist.Archive - 4/19/2024 - Sign In to see current Signals. |
Host Hotels & Resorts (HST) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Host Hotels & Resorts (HST). During the week, the HST dropped -1.29 points, or -6.45%, and closed at 18.71 on Friday, April 19, 2024. Weekly volume was -12% 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 15.25 and resistance is at 21.89. 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 (21.38) 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. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 18.47 on April 18, 2024. HST lost 2.84 points, or 13.33%, in 44 days. The chart has formed a Falling Channel chart pattern. The downtrend support line (19.84) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 short-term trend. Daily Technical Indicators: [See HST daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and 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. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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