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Archive - 11/8/2024 - 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 a first positive week after 6 consecutive negative weeks for the Host Hotels & Resorts (HST). During the week, the HST gained 0.67 points, or 3.87%, and closed at 18.00 on Friday, November 8, 2024. It was the best weekly gain since September 20, 2024. Weekly volume was 62% above average. 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 15.92 and resistance is at 24.47. 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 August 5, 2024 at 15.71 and reached 18.95 on September 23, 2024. HST gained -3.24 points, or -20.62%, in 7 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (17.66) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line 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 September 13, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 October 15, 2024 at 18.22 and reached 17.07 on October 23, 2024. HST lost 1.15 points, or 6.31%, in 8 days. The chart has formed a Symmetric Triangle chart pattern. Daily Technical Indicators: [See HST daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above 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. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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