SUNCOR ENERGY INC (SU) Stock Technical Analysis
NYSE:SU - New York Stock Exchange, Inc. - CA8672241079 - Common Stock - Currency: USD
Taking everything into account, SU scores 0 out of 10 in our technical rating. SU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
73% of all other stocks performed better in the past year than SU.
In the last month SU has a been trading in the 33.50 - 36.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SU has an average volume of 4661190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, SU did better than 56% of them.
SU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SU is lagging the market slightly.
Although the technical rating is bad, SU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.64. Right above this resistance zone may be a good entry point.
More info and screens
32.86
41.23
We found 1 important support area.
- A support zone ranging from 33.19 to 33.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.64 to 36.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.10 to 37.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 39.33 to 39.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
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 | DOWN | NEGATIVE | The long term trend for SU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SU is neutral. |
| ChartMill Relative Strength | 27.04 | NEGATIVE | SU has a low relative strength, it was outperformed by 72.96% 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) | DOWN | NEGATIVE | The current price of SU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.57 | NEUTRAL | The RSI value for SU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.24 | NEUTRAL | The Stochastics value for SU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for SU suggests some volalility. |
| Average Directional Index/ADX (14) | 8.36 | 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)
35.55
-0.21 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.59%
1 Week0.51%
2 Weeks-1.22%
1 Month-0.42%
3 Month-7.13%
6 Month-9.95%
12 Month-12.91%
2 Year26.96%
3 Year-11.96%
5 Year107.65%
10 Year21.62%
15 Year16.71%
Volatility
ATR(14)0.74
ATR(20)%2.28%
ATR Inc-35.44%
Range Today0.51
ADR(20)0.71
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.04
Mansfield-0.88
10 Day High36.37
10 Day Low34.67
20 Day High36.6
20 Day Low33.5
52 Week High41.95
52 Week Low30.79
CS1 End33.49
CR1 Start35.64
Volume & EV
DER(3)-0.34%
DER(5)-0.6%
Volume3.87M
Volume Incr-15.6%
Vol(5)3.95M
Vol(50)4.66M