NYSE:SU • CA8672241079
Taking everything into account, SU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SU has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
37.08
7 important support areas can be observed.
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 | 88.17 | POSITIVE | SU has a high relative strength, it outperformed 88.17% 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) | UP | POSITIVE | The current price of SU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.84 | OVERBOUGHT | The high RSI value suggests SU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SU has a positive trend. |
| Stochastics (14,3) | 87.17 | OVERBOUGHT | The high Stochastics value suggests SU may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SU suggests some volalility. |
| Average Directional Index/ADX (14) | 47.21 | POSITIVE | The high ADX value value for SU suggests a strong trend. |
55.99
+0.9 (+1.63%)
ChartMill assigns a technical rating of 10 / 10 to SU.
The current trend direction for SUNCOR ENERGY INC (SU) is Bullish.
SUNCOR ENERGY INC (SU) has an RSI value of 74.8354. This indicates that the stock is currently overbought.
The MACD indicator for SUNCOR ENERGY INC (SU) has a value of 0.0662499, indicating a bearish trend.
The short term momentum for SUNCOR ENERGY INC (SU) is positive.