SUNCOR ENERGY INC (SU) Stock Technical Analysis
NYSE:SU - New York Stock Exchange, Inc. - CA8672241079 - Common Stock - Currency: USD
Overall SU gets a technical rating of 8 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 and short term trends are both positive. This is looking good!
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.
SU has an average volume of 5259170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SU turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, SU did better than 67% of them.
In the last month SU has a been trading in the 37.23 - 41.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.36
42.13
2 important support areas can be observed.
- A support zone ranging from 37.13 to 39.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.70 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.47 to 40.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 63.75 | NEUTRAL | SU is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.6 | NEUTRAL | The RSI value for SU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SU has a positive trend. |
| Stochastics (14,3) | 69.77 | NEUTRAL | The Stochastics value for SU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for SU suggests low volalility. |
| Average Directional Index/ADX (14) | 17.06 | NEGATIVE | The low ADX value for SU suggests a weak or negative 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)
40.1
+0.69 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.75%
1 Week4.56%
2 Weeks5.61%
1 Month3.19%
3 Month19.88%
6 Month1.83%
12 Month4.78%
2 Year28.16%
3 Year18.15%
5 Year154.44%
10 Year42.4%
15 Year21.7%
Volatility
ATR(14)0.72
ATR(20)%1.98%
ATR Inc2.21%
Range Today0.9
ADR(20)0.74
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.75
Mansfield-0.2
10 Day High40.22
10 Day Low37.23
20 Day High41.48
20 Day Low37.23
52 Week High41.95
52 Week Low30.79
CS1 End39
CR1 Start40.47
Volume & EV
DER(3)1.49%
DER(5)2.2%
Volume4.08M
Volume Incr-25.61%
Vol(5)4.16M
Vol(50)5.26M