SUNCOR ENERGY INC (SU) Stock Technical Analysis
NYSE:SU - CA8672241079 - Common Stock
42.02 USD
-0.24 (-0.57%)
42.4 USD
+0.38 (+0.9%)
Overall SU gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SU is only an average performer.
The long and short term trends are both positive. This is looking good!
SU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 210 stocks in the same industry.
SU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SU has a been trading in the 38.25 - 42.40 range, which is quite wide. It is currently trading near the high of this range.
SU has an average volume of 3791370 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 57% of all stocks.
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
33.68
42.69
4 important support areas can be observed.
- A support zone ranging from 39.56 to 40.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.35 to 38.87. 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.
- Support @34.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.03 to 42.27. 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 | 57.98 | 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) | 65.83 | NEUTRAL | The RSI value for SU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SU has a positive trend. |
| Stochastics (14,3) | 88.12 | OVERBOUGHT | The high Stochastics value suggests SU may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for SU suggests low volalility. |
| Average Directional Index/ADX (14) | 23.29 | 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)
42.02
-0.24 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.57%
1 Week4.66%
2 Weeks2.44%
1 Month7.91%
3 Month2.59%
6 Month14.56%
12 Month15.31%
2 Year22.22%
3 Year49.27%
5 Year243.58%
10 Year57.26%
15 Year29.09%
Volatility
ATR(14)0.84
ATR(20)%1.75%
ATR Inc23.3%
Range Today0.63
ADR(20)0.7
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.98
Mansfield-0.04
10 Day High42.4
10 Day Low39.59
20 Day High42.4
20 Day Low38.25
52 Week High42.4
52 Week Low30.79
CS1 End40.22
CR1 Start42.03
Volume & EV
DER(3)2.31%
DER(5)1.88%
Volume3.04M
Volume Incr-2.85%
Vol(5)3.98M
Vol(50)3.79M