SUNCOR ENERGY INC (SU.CA)

CA8672241079 - Common Stock

51.79  -0.74 (-1.41%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SU. In the last year, SU was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SU has a been trading in the 51.07 - 54.25 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SU is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by SU over the past year are nicely spread over this period.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 222 other stocks in this industry. SU outperforms 81% of them.
SU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SU is performing more or less in line with the market.
SU has an average volume of 9297000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SU Weekly chart
SU Daily chart
Setup Rating and Analysis

3

Although SU has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

36.58

54.80

We found 5 important support areas.

  • A support zone ranging from 51.78 to 51.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @45.74 from a trend line in the daily time frame.
  • A support zone ranging from 44.48 to 44.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.20 from a horizontal line in the daily time frame.
  • Support @36.95 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 52.82 to 54.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.95
Mansfield0.75
10 Day High54.25
10 Day Low51.34
20 Day High54.25
20 Day Low51.07
52 Week High54.25
52 Week Low37.09
Performance
1 Week-3.72%
2 Weeks-0.75%
1 Month-0.61%
3 Month19.8%
6 Month12.32%
12 Month30.52%
2 Year1.77%
3 Year84.57%
5 Year24.35%
10 Year24.11%
15 Year35.4%
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)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)49.04
LBB50.99
UBB54.69
SU Daily chart

SUNCOR ENERGY INC

TSX:SU (5/1/2024, 6:00:00 PM)

51.79

-0.74 (-1.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.41%
1 Week-3.72%
2 Weeks-0.75%
1 Month-0.61%
3 Month19.8%
6 Month12.32%
12 Month30.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.06
ATR(20)%1.97%
ATR Inc
Range Today1.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.25
10 Day Low51.34
20 Day High54.25
20 Day Low51.07
52 Week High54.25
52 Week Low37.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.43M
Volume Incr3.47%
Vol(5)4.93M
Vol(50)9.30M