Sun Communities stock: buy or sell

SUI stock price: $150.08 -1.23% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

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Sun Communities stock brief

  • Sun Communities stock slided -1.23% to close at $150.08 on the stock market on Monday, and broke a streak of 3 sessions in positive.
  • The stock is configuring an uptrend pattern since November 2020, when it bottomed at $134.29. Up to date, shares made a 11.76% gain since the beginning of this rally
  • On February 17, Sun Communities released its Q4 earnings report

Should I buy Sun Communities stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $SUI stock a buy?

Currently, Sun Communities stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $SUI in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Sun Communities stock?

"To sell or not to sell", if you are holding Sun Communities stock?. Trading strategies prevent us from making rash decisions based on our feelings or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very easy to follow and are only applicable for selling stocks in your porfolio, not for shorting Sun Communities stock

A guiding principle is that you must never hold an investment that results in higher than expected losses by the time of purchase. When to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Sun Communities stock?

Currently, Sun Communities stock doesn't match any of our preferred sell setups, so if you hold Sun Communities shares and your operation is in profit probably is not time to sell now

Sun Communities ratings

We don't have any rating published in the previous month for Sun Communities

Sun Communities stock analysis

Since in November 2020, Sun Communities has been printing an uptrend that by now marked an amazing 11.76%. During this uptrend, the price offered some entry points on the breakouts. Latest low was last January, when price bounced at $137.43. Now, it swings in a consolidation between its last top ($157.70) and its last bottom ($137.43)

SMAs overview

SUI stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $150.63 (0.37% above)
  • R2: $151.58 (1.00% above)
  • R3: $152.46 (1.59% above)
  • The current support levels are:

  • S1: $149.21 (-0.58% below)
  • S2: $148.84 (-0.83% below)
  • S3: $147.21 (-1.91% below)
  • Bollinger bands

    Since the price surpassed the upper band last Thursday, the price dropped by 4.83%

    SUI stock Bollinger Bands chart

    Relative strength index

    When the stays for so long below 70 and above 30, without any indication of overbought and oversold, the indicator becomes of little use, and we are currently in such a case.

    SUI stock RSI chart

    Sun Communities stock price history

    Sun Communities started trading priced at an adjusted price1 of $3.47 on Dec 1993. Since then, SUI stock surged by 4,225.07%, with an average of 156.48% per year. An investment of $1,000USD at that time would be valued $43,250.72 today.

    1: Adjusted price after possible price splits or reverse-splits

    SUI stock price history chart

    Price target for Sun Communities stock

    Nobody can predict how much a stock will be priced tomorrow. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions post their price target based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial information by the company, and many times. Again, these forecasts are not direct recommendations for individual investors and should not be followed blindly.

    We don't have any target price posted in the last 30 days for Sun Communities.

    Earnings and financials

    On February 17, Sun Communities ($SUI) had the earnings event and posted the report. Sun Communities surpassed Wall St estimates and reported of $1.16, that is a 1,188.89% increase compared to the previous estimates of $0.09. Nevertheless, reported revenues of $249.1 million were in line with analysts predictions.

    In contrast, the EPS for the same quarter last year was $0.31, so reported EPS means a increase of 274.19%. Turnover skyrocketed a 27.07% on an annualized basis in the , from $3.0B to $3.8B last quarter.

    Sun Communities ($SUI) is hosting the Q1 earnings call mid next April. Expected for this quarter is $0.27, compared to $1.16 that was reported for Q4.

    Sun Communities performance

    SUI performance compared
    Company1m3m6m
    Sun Communities ($SUI) 5.30% 8.00% 1.70%

    Please read:
    The thoughts written in this post are personal and not recommendations for you to buy or sell shares. The author of this article does not have any knowledge of the individual circumstances of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative purposes only

    Sun Communities summary

    Monday, March 1st, 2021
    Open$153.82
    Close$150.08
    Day range$149.98 - $156.19
    Previous close$151.95
    Session gain-1.23%
    Average true range$4.00
    50d mov avg$147.34
    100d mov avg$145.07
    200d mov avg$142.67
    Earnings dateApril 21st, 2021

    Frequently asked questions

    What is Sun Communities stock symbol?

    Sun Communities, Inc. is a public company trading in the US stock market with the SUI symbol

    Is Sun Communities stock a buy or sell?

    Sun Communities had no ratings in the last 4 weeks Read the article to get additional tips on trading SUI stock.

    Will SUI go up?

    There were no predictions published by market analysts in the last month for Sun Communities.