Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of SOHOB will rise by +25.87% over the next 2 Weeks and hit $23.07 by Friday, November 24, 2023. In that time frame, SOHOB's share price is expected to range between $22.71 and $23.45.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 22.67 | 23.07 | 23.49 |
| Nov 23, 2023 | 22.63 | 23.01 | 23.42 |
| Nov 22, 2023 | 22.76 | 23.13 | 23.54 |
| Nov 21, 2023 | 22.56 | 22.94 | 23.32 |
| Nov 20, 2023 | 22.34 | 22.71 | 23.08 |
| Nov 17, 2023 | 22.52 | 22.90 | 23.25 |
| Nov 16, 2023 | 22.42 | 22.84 | 23.19 |
| Nov 15, 2023 | 22.61 | 22.96 | 23.34 |
| Nov 14, 2023 | 22.39 | 22.77 | 23.14 |
| Nov 13, 2023 | 22.18 | 22.54 | 22.93 |
| Nov 10, 2023 | 22.36 | 22.75 | 23.13 |
| Nov 9, 2023 | 22.28 | 22.65 | 23.05 |
| Nov 8, 2023 | 22.39 | 22.78 | 23.14 |
| Nov 7, 2023 | 22.19 | 22.58 | 22.96 |
SOHOB shares fell 0.00% in Thursday, February 26, 2026's trading session, dropping from a previous close of $18.33 to move at $18.33. The stock demonstrated notable intraday movement (see SOHOB's key stats for a full breakdown), fluctuating between $18.33 and $18.33, a 0 trading range. While recent weeks have seen some volatility, SOHOB has managed to secure a -0.16% drop over the past 2 weeks. The downward price movement was accompanied by decreased trading volume, with approximately 5.93K shares changing hands, 1.65K fewer than the previous session. This amounted to $108.75K in total market activity.
Will SOHOB Continue Its Upward Trend?
According to analyst ratings and projections for SOHOB, Sotherly Hotels Inc. shares are anticipated to increase by +21.95%, potentially reaching $23.49 per share by November 24, 2023. Short-term technical indicators currently suggest a bullish sentiment for SOHOB. However, the stock has recorded 17 negative trading days within the past 30 sessions. Based on the SOHOB stock forecast, now is a good time to buy SOHOB stock because its current trading price is -20.56% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on SOHOB covering social and institutional perspectives.
SOHOB Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into SOHOB's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 66.96% to 70.46%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 62.96%, suggests strong medium-term momentum. However, the 100-day RSI, at 56.30%, maintains a neutral outlook for the long term. Insights into SOHOB's shareholder base show how institutional investors are positioning themselves during these momentum shifts

