SUNCOR ENERGY INC (SU.CA) Stock Technical Analysis
Canada - TSX:SU - CA8672241079 - Common Stock
57.95 CAD
+0.25 (+0.43%)
We assign a technical rating of 7 out of 10 to SU. Although SU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
63% of all other stocks performed better in the past year than SU.
Both the short term and long term trends are positive. This is a very positive sign.
SU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SU is lagging the market slightly.
In the last month SU has a been trading in the 55.69 - 60.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SU has an average volume of 7714430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, SU did better than 43% of them.
Considerably lower volume is observed in the last couple of days.
SU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 57.50, a Stop Loss order could be placed below this zone.
More info and screens
47.91
60.18
We found 4 important support areas.
- Support @57.50 from a horizontal line in the daily time frame.
- A support zone ranging from 56.15 to 56.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.98 to 53.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.26 to 59.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SU.CA is up. |
| ChartMill Relative Strength | 37.47 | NEUTRAL | SU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for SU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests SU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.68 | NEUTRAL | The Stochastics value for SU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for SU.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 59.59 | 57.49 | 2.10 (3.52%) | 25.00% |
| An entry @59.59. This is a Buy Stop order right above the resistance zone. | An exit @57.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.10 points, which is 3.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:SU (10/6/2025, 7:00:00 PM)
57.95
+0.25 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.43%
1 Week-0.89%
2 Weeks0.36%
1 Month4.26%
3 Month5.61%
6 Month24.7%
12 Month4.19%
2 Year29.04%
3 Year23.67%
5 Year285.56%
10 Year48.93%
15 Year77.33%
Volatility
ATR(14)1.1
ATR(20)%2.01%
ATR Inc-46.59%
Range Today0.72
ADR(20)1.11
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.47
Mansfield-0.34
10 Day High60.48
10 Day Low57.32
20 Day High60.48
20 Day Low55.69
52 Week High60.48
52 Week Low43.59
CS1 End57.5
CR1 Start58.26
Volume & EV
DER(3)-0.33%
DER(5)-0.49%
Volume3.78M
Volume Incr-56.2%
Vol(5)4.26M
Vol(50)7.71M