SUNCOR ENERGY INC (SU) Technical Analysis
NYSE:SU • CA8672241079
Current stock price
63.71 USD
+0.39 (+0.62%)
At close:
63.85 USD
+0.14 (+0.22%)
After Hours:
SU Technical Rating and Analysis
Overall SU gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SU did better than 94% of all other stocks.
- SU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 208 stocks in the same industry.
- SU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SU is leading the market.
- In the last month SU has a been trading in the 54.82 - 64.63 range, which is quite wide. It is currently trading near the high of this range.
- SU has an average volume of 5471870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SU Weekly and Daily overview Charts
SU Setup Rating and Analysis
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
SU Support and Resistance Analysis
37.08
64.35
We found 7 important support areas.
- A support zone ranging from 59.93 to 60.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.29 to 55.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.76 to 48.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.83 from a trend line in the weekly time frame.
- Support @40.10 from a horizontal line in the daily time frame.
- Support @38.70 from a horizontal line in the daily time frame.
- Support @37.45 from a horizontal line in the daily time frame.
SU Technical Indicator Signal Analysis
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 | 94.83 | POSITIVE | SU has a high relative strength, it outperformed 94.83% 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) | 81.57 | OVERBOUGHT | The high RSI value suggests SU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests SU has a positive trend. |
| Stochastics (14,3) | 84.43 | OVERBOUGHT | The high Stochastics value suggests SU may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SU suggests some volalility. |
| Average Directional Index/ADX (14) | 46.56 | POSITIVE | The high ADX value value for SU suggests a strong trend. |
SU Chart- and CandleStick Pattern Analysis
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)
SU Technicals: Chart, Performance Metrics, Trend & Indicators
63.71
+0.39 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.62%
1 Week6.91%
2 Weeks12.09%
1 Month14.3%
3 Month49.03%
6 Month53.33%
12 Month70.12%
2 Year72.61%
3 Year105.19%
5 Year204.83%
10 Year129.09%
15 Year42.08%
Volatility
ATR(14)1.77
ATR(20)%2.53%
ATR Inc29.5%
Range Today1.71
ADR(20)1.56
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.83
3 months CRS97.26
6 months CRS95.52
Mansfield4.71
10 Day High64.63
10 Day Low56.59
20 Day High64.63
20 Day Low54.82
52 Week High64.63
52 Week Low30.79
CS1 End60.32
CR1 StartN/A
Volume & EV
DER(3)3.83%
DER(5)3.33%
Volume10.15M
Volume Incr20.7%
Vol(5)6.67M
Vol(50)5.47M
SUNCOR ENERGY INC / SU TA FAQ
What is the ChartMill technical rating of SUNCOR ENERGY INC (SU) stock?
ChartMill assigns a technical rating of 10 / 10 to SU.
Can you provide the trend direction for SUNCOR ENERGY INC?
The current trend direction for SUNCOR ENERGY INC (SU) is Bullish.
What is the RSI signal for SUNCOR ENERGY INC (SU) stock?
SUNCOR ENERGY INC (SU) has an RSI value of 81.5689. This indicates that the stock is currently overbought.
What is the MACD signal for SUNCOR ENERGY INC (SU) stock?
The MACD indicator for SUNCOR ENERGY INC (SU) has a value of 0.396157, indicating a bearish trend.
What is the short term momentum for SU stock?
The short term momentum for SUNCOR ENERGY INC (SU) is positive.