Red Lion Hotels Corporation ($RLH) Takes On Spirit Airlines, Inc. ($SAVE)

2019-08-20 | Welcome! Today we compared how two different stocks in the Medical Specialities industry are trading: Red Lion Hotels Corporation and Spirit Airlines, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Red Lion Hotels Corporation opened at 5.62, got to a maximum price of 5.7 and dropped to as low as 5.45 before finishing the session at 5.45. In total there were 64500 shares traded, which is enough to conduct our analysis. Compare that now to Spirit Airlines, Inc., which opened at 38.98, had a high of 39.18, a low of 37.11, closed at 38.59 and had a total volume of 509000.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Red Lion Hotels Corporation Spirit Airlines, Inc.
Accumulation-distribution index 39.32317 841.99241
on-balance volume 5.54 37.47
chaikin money flow

5.25 19.7
force index

0.0036 -0.0837
ease of movement rating

0.00095 0.02357
volume-price trend

-1.30534 -8.9353
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Red Lion Hotels Corporation Spirit Airlines, Inc.
Average true range 0.20571 0.97226
Bolinger bands 5.50743 37.11
Upper bollinger band 5.42257 37.11
Lower bollinger band

5.45 37.11
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

nan 1.0
Central keltner channel

5.59 38.42333
High band keltner channel

5.51 38.22333
Low band keltner channel

5.67 38.62333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

5.45 37.11
Donchain channel low band

5.45 37.11
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Red Lion Hotels Corporation Spirit Airlines, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00325
MACD signal 0.00037 0.0011
MACD difference 0.0003 0.00215
fast Exponential Moving Average (EMA) indicator

5.45 37.11
slow Exponential Moving Average (EMA) indicator

5.45 37.11
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.29156 0.12311

-19.12402 -18.26493
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

1.74269 11.3513
KST Oscillator (KST)

-242.28595 -234.23425
KST Oscillator (KST Signal)

-242.28595 -234.23425
KST difference

1.04273 0.34822
Ichimoku rating

5.66 39.08
Ichimoku B rating

5.66 39.08
Ichimoku visual trend A

7.20848 48.45091
Ichimoku visual trend B

6.87207 46.70313
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 12.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Red Lion Hotels Corporation Spirit Airlines, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 50.34977 48.89572
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-16.74832 -22.30292
stochastic oscillator

312.5 1035.0
stochastic oscillator signal

312.5 1035.0
Williams %R rating

212.5 935.0
awesome oscillator

0.01653 -0.08426

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Red Lion Hotels Corporation and Spirit Airlines, Inc..

Daily return -24.22859 -23.42342
Daily log return 0.54895 0.24223
Cumulative return 0.55046 0.24252

So there you have it: our deep, grueling analysis comparing Red Lion Hotels Corporation and Spirit Airlines, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Red Lion Hotels Corporation:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether RLH is strong or weak. Again – this is not a reliable indication of whether Red Lion Hotels Corporation is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Spirit Airlines, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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