Sun Communities Breaks Above 200-Day Moving Average - Bullish for SUI

In trading on Wednesday, shares of Sun Communities, Inc. (SUI) crossed above their 200 day moving average of $46.02, changing hands as high as $46.18 per share. Sun Communities, Inc. shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of SUI shares, versus its 200 day moving average:

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Sun Communities, Inc. 200 Day Moving Average Chart

Looking at the chart above, SUI's low point in its 52 week range is $39.53 per share, with $57.78 as the 52 week high point — that compares with a last trade of $46.06.

According to the ETF Finder at ETF Channel, SUI makes up 3.19% of the KBW Premium Yield Equity REIT Portfolio ETF ( KBWY) which is trading higher by about 0.5% on the day Wednesday.

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