The technical indicators for Sun Communities Inc (SUI) are as follows12:
- Moving Averages: The 5-day moving average is $121.22, the 10-day moving average is $122.06, and the 50-day moving average is $124.69. The stock price of $121.24 is below the 50-day moving average, indicating a potential bearish trend.
- MACD: The MACD value is -0.04, suggesting that the stock is currently in a bearish momentum.
- RSI: The RSI value is 45.27, which is close to the midpoint of the 30-70 range and suggests that the stock is neither overbought nor oversold.
- KDJ: The KDJ value is 27.1, which is relatively low and indicates that the stock may be oversold.
- Bollinger Bands: The Bollinger Band value is $122.54, which is above the current stock price, suggesting that the stock is trading in the lower part of its recent range.
Overall, the technical indicators suggest that SUI/USDT is currently in a bearish trend, with oversold conditions possibly indicating a potential reversal. However, the lack of a clear buy signal from the indicators suggests caution for investors looking to make a bullish bet.