SUNCOR ENERGY INC (SU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SU - CA8672241079 - Common Stock
44.5 USD
+0.77 (+1.76%)
44.7 USD
+0.2 (+0.45%)
Taking everything into account, SU scores 7 out of 10 in our technical rating. In the last year, SU was one of the better performers, but we do observe some doubts in the very recent evolution.
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 80% of all stocks.
SU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 209 stocks in the same industry.
SU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SU has an average volume of 4215180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SU has a been trading in the 42.09 - 45.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although SU has an excellent technical rating, it does not present a decent entry opportunity 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
37.08
45.66
We found 4 important support areas.
- A support zone ranging from 42.75 to 43.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.10 to 40.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.16 to 38.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.79 to 45.21. 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 | NEUTRAL | NEUTRAL | The short term trend for SU is neutral. |
| ChartMill Relative Strength | 80.66 | POSITIVE | SU has a high relative strength, it outperformed 80.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SU is above a declining 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) | 60 | NEUTRAL | The RSI value for SU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.59 | NEUTRAL | The Stochastics value for SU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for SU suggests low volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for SU 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)
44.5
+0.77 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.76%
1 Week3.61%
2 Weeks1.95%
1 Month-0.67%
3 Month7.62%
6 Month16.04%
12 Month22.15%
2 Year38.89%
3 Year40.25%
5 Year165.2%
10 Year72.48%
15 Year16.22%
Volatility
ATR(14)0.77
ATR(20)%1.81%
ATR Inc18.76%
Range Today0.78
ADR(20)0.75
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.66
3 months CRS84.1
6 months CRS81.68
Mansfield0.21
10 Day High44.68
10 Day Low42.09
20 Day High45.48
20 Day Low42.09
52 Week High45.6
52 Week Low30.79
CS1 End43.64
CR1 Start44.79
Volume & EV
DER(3)-1.49%
DER(5)0.49%
Volume2.77M
Volume Incr-52.72%
Vol(5)2.33M
Vol(50)4.22M
SUNCOR ENERGY INC / SU FAQ
What is the ChartMill technical rating of SUNCOR ENERGY INC (SU) stock?
ChartMill assigns a technical rating of 7 / 10 to SU.
What is the trend direction for SU stock?
The current trend direction for SUNCOR ENERGY INC (SU) is Bullish.
Can you provide the RSI signal for SUNCOR ENERGY INC?
SUNCOR ENERGY INC (SU) has an RSI value of 60.0005. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SUNCOR ENERGY INC?
The MACD indicator for SUNCOR ENERGY INC (SU) has a value of -0.000235094, indicating a bearish trend.
What is the short term momentum for SUNCOR ENERGY INC (SU) stock?
The short term momentum for SUNCOR ENERGY INC (SU) is neutral.