SUNCOR ENERGY INC (SU.CA) Stock Technical Analysis
TSX:SU - Toronto Stock Exchange - CA8672241079 - Common Stock - Currency: CAD
Overall SU gets a technical rating of 7 out of 10. Although SU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month SU has a been trading in the 51.34 - 55.22 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 8254760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SU outperforms 46% of them, which is more or less in line with the market.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, SU did better than 49% of them.
SU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SU is lagging the market slightly.
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. There is a support zone below the current price at 53.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.00
57.14
We found 4 important support areas.
- A support zone ranging from 52.65 to 53.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.00 from a horizontal line in the daily time frame.
- Support @47.65 from a trend line in the weekly time frame.
- Support @46.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.91 to 55.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.08 to 56.57. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for SU.CA is neutral. |
| ChartMill Relative Strength | 46.99 | 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) | 51.86 | NEUTRAL | The RSI value for SU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SU.CA has a negative trend. |
| Stochastics (14,3) | 70.18 | NEUTRAL | The Stochastics value for SU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for SU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.14 | 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 |
|---|---|---|---|
| 54.18 | 52.74 | 1.44 (2.66%) | 25.00% |
| An entry @54.18. This is a Buy Stop order right above the 10 day moving average. | An exit @52.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.44 points, which is 2.66%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (8/1/2025, 7:00:00 PM)
53.86
-0.79 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.45%
1 Week0%
2 Weeks1.03%
1 Month4.04%
3 Month8.28%
6 Month-1.23%
12 Month5.75%
2 Year17.68%
3 Year26.76%
5 Year157.33%
10 Year44.55%
15 Year66.7%
Volatility
ATR(14)0.85
ATR(20)%1.71%
ATR Inc31.19%
Range Today0.96
ADR(20)0.86
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.99
Mansfield-0.47
10 Day High55.22
10 Day Low52.75
20 Day High55.22
20 Day Low51.34
52 Week High58.58
52 Week Low43.59
CS1 End53.14
CR1 Start53.91
Volume & EV
DER(3)-1.4%
DER(5)0.89%
Volume2.95M
Volume Incr1.32%
Vol(5)4.24M
Vol(50)8.25M