SUNCOR ENERGY INC (SU) Stock Technical Analysis
NYSE:SU - New York Stock Exchange, Inc. - CA8672241079 - Common Stock - Currency: USD
Taking everything into account, SU scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SU did better than 72% of all other stocks.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. SU outperforms 70% 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.
In the last month SU has a been trading in the 34.67 - 41.48 range, which is quite wide. It is currently trading near the high of this range.
SU has an average volume of 5205300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SU has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
33.25
42.13
We found 3 important support areas.
- A support zone ranging from 37.22 to 37.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.13 to 36.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.59 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @40.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 41.53 to 41.71. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SU is up. |
| ChartMill Relative Strength | 72.04 | POSITIVE | SU has a high relative strength, it outperformed 72.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.67 | NEUTRAL | The RSI value for SU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests SU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.94 | OVERBOUGHT | The high Stochastics value suggests SU may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for SU suggests some volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for SU suggests a strong 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)
40.15
+0.1 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.25%
1 Week2.71%
2 Weeks9.7%
1 Month14.26%
3 Month7.21%
6 Month16.38%
12 Month9.46%
2 Year36.94%
3 Year14.49%
5 Year138.14%
10 Year45.89%
15 Year36.38%
Volatility
ATR(14)0.93
ATR(20)%2.16%
ATR Inc-1.39%
Range Today0.43
ADR(20)0.78
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.04
Mansfield0.24
10 Day High41.48
10 Day Low36.6
20 Day High41.48
20 Day Low34.67
52 Week High41.95
52 Week Low30.79
CS1 End37.61
CR1 Start40.82
Volume & EV
DER(3)0.74%
DER(5)0.39%
Volume5.45M
Volume Incr46.17%
Vol(5)6.99M
Vol(50)5.21M