RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SOHOB
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Red day on Thursday for Sotherly Hotels Inc. 8.0% Series B stock after losing 1.77%
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -1.77% PDF

The Sotherly Hotels Inc. 8.0% Series B stock price fell by -1.77% on the last day (Thursday, 28th Mar 2024) from $19.18 to $18.84. During the last trading day the stock fluctuated 1.23% from a day low at $18.84 to a day high of $19.07. The price has fallen in 6 of the last 10 days and is down by -3.63% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -16 shares and in total, 1 thousand shares were bought and sold for approximately $20.74 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.92% during the next 3 months and, with a 90% probability hold a price between $17.46 and $19.77 at the end of this 3-month period.

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SOHOB Signals & Forecast

There are few to no technical positive signals at the moment. The Sotherly Hotels Inc. 8.0% Series B stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $19.15 and $19.32. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -7.98%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Sotherly Hotels Inc. 8.0% Series B stock

Sotherly Hotels Inc. 8.0% Series B finds support from accumulated volume at $18.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.231 between high and low, or 1.23%. For the last week the stock has had daily average volatility of 0.700%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SOHOB) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock to open at $18.92, and during the day (based on 14 day Average True Range), to move between $18.47 and $19.21, which gives a possible trading interval of +/-$0.366 (+/-1.94%) up or down from last closing price. If Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock takes out the full calculated possible swing range there will be an estimated 3.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.75 (0.48%) than the resistance at $19.04 (1.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock stock A Buy?

Sotherly Hotels Inc. 8.0% Series B holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.682 Sell Candidate Unchanged

Predicted Opening Price for Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$18.92 ( 0.409%) $18.84

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SOHOB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.15 1.63 %
R2 19.06 1.17 %
R1 19.01 0.88 %
Current price: 18.84
Support S1 18.83 -0.0597 %
S2 18.78 -0.349 %
S3 18.69 -0.82 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.30 2.44 %
R2 19.09 1.32 %
R1 19.04 1.06 %
Current price 18.84
Support S1 18.75 -0.482%
S2 18.65 -1.01%
S3 18.49 -1.86%

SOHOB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 29, 2024 Feb 28, 2024 Mar 15, 2024 $0.500 2.56%
2 Oct 30, 2023 Nov 29, 2023 Dec 15, 2023 $0.500 2.52%
3 Jul 31, 2023 Aug 30, 2023 Sep 15, 2023 $0.500 2.17%
4 May 25, 2023 Jun 29, 2023 Sep 15, 2023 $0.500 2.17%
5 Apr 24, 2023 May 30, 2023 Jun 15, 2023 $0.500 2.02%

FAQ

What is the symbol for Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock and on which exchange is it traded?
The symbol for Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock is SOHOB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock?
Sotherly Hotels Inc. 8.0% Series B holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock?
Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock.

What's the current price of Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock?
As of the end of day on the 2024-03-28, the price of an Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock (SOHOB) share was $18.84.

What is the 52-week high and low for Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock?
The 52-week high for Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock is $25.45 and the 52-week low is $17.60.

What is the market capitalization of Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Stock?
As of the 2024-03-28, the market capitalization of Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock is 57.332M.
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About Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock

Sotherly Hotels. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that ope... SOHOB Profile

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