SUNCOR ENERGY INC (SU)

CA8672241079 - Common Stock

38.05  +0.16 (+0.42%)

After market: 38.48 +0.43 (+1.13%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SU. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SU is one of the better performing stocks in the market, outperforming 87% of all stocks.
SU is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. SU outperforms 72% of them.
SU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SU is performing more or less in line with the market.
SU has an average volume of 4765410 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 35.79 - 39.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SU Weekly chart
SU Daily chart
Setup Rating and Analysis

6

SU has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

29.49

39.71

4 important support areas can be observed.

  • A support zone ranging from 37.17 to 37.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.49 to 33.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @32.57 from a trend line in the weekly time frame.
  • Support @29.79 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 39.01 to 39.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.07
Mansfield0.71
10 Day High39.32
10 Day Low36.93
20 Day High39.32
20 Day Low35.79
52 Week High39.32
52 Week Low27.59
Performance
1 Week-0.81%
2 Weeks-1.35%
1 Month4.59%
3 Month20.83%
6 Month12.28%
12 Month25%
2 Year5.87%
3 Year77.64%
5 Year15.3%
10 Year-1.42%
15 Year50.04%
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)59.02
LBB36.97
UBB39.44
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
38.2637.161.10 (2.87%)25.00%
An entry @38.26. This is a Buy Stop order right above the 10 day moving average.An exit @37.16. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.10 points, which is 2.87%.For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SU. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SU Daily chart

SUNCOR ENERGY INC

NYSE:SU (4/18/2024, 7:22:03 PM)

After market: 38.48 +0.43 (+1.13%)

38.05

+0.16 (+0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.42%
1 Week-0.81%
2 Weeks-1.35%
1 Month4.59%
3 Month20.83%
6 Month12.28%
12 Month25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%1.89%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.32
10 Day Low36.93
20 Day High39.32
20 Day Low35.79
52 Week High39.32
52 Week Low27.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.70M
Volume Incr18.28%
Vol(5)4.76M
Vol(50)4.77M