SUNOCO LP (SUN) Stock Technical Analysis
NYSE:SUN - New York Stock Exchange, Inc. - US86765K1097 - Currency: USD
Taking everything into account, SUN scores 1 out of 10 in our technical rating. SUN'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than SUN.
SUN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 210 stocks in the same industry do better.
In the last month SUN has a been trading in the 51.45 - 55.03 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.
SUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SUN is lagging the market.
SUN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 53.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.20, a Stop Loss order could be placed below this zone.
More info and screens
49.47
59.85
We found 2 important support areas.
- A support zone ranging from 52.13 to 53.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.97 to 51.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 53.83 to 54.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 59.21 to 59.26. 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 SUN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUN is down. |
| ChartMill Relative Strength | 17.57 | NEGATIVE | SUN has a low relative strength, it was outperformed by 82.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SUN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.69 | NEUTRAL | The RSI value for SUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SUN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for SUN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SUN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.4 | NEGATIVE | The low ADX value for SUN 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)
53.34
+1.34 (+2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.58%
1 Week-0.35%
2 Weeks-3.07%
1 Month0.24%
3 Month-6.78%
6 Month-2.29%
12 Month-7.6%
2 Year16.36%
3 Year28.97%
5 Year114.91%
10 Year34.36%
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.18%
ATR Inc-9.41%
Range Today1.33
ADR(20)1.14
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.57
Mansfield-0.97
10 Day High54.78
10 Day Low51.56
20 Day High55.03
20 Day Low51.45
52 Week High59.88
52 Week Low48
CS1 End53.2
CR1 Start53.83
Volume & EV
DER(3)1.36%
DER(5)-0.68%
Volume499.00K
Volume Incr6.88%
Vol(5)414.86K
Vol(50)398.87K