SUNOCO LP (SUN) Stock Technical Analysis
NYSE:SUN - New York Stock Exchange, Inc. - US86765K1097 - Currency: USD
Overall SUN gets a technical rating of 1 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SUN is a bad performer in the overall market: 71% of all stocks are doing better.
SUN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SUN is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, SUN did better than 43% of them.
SUN 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 SUN is lagging the market slightly.
Although the technical rating is bad, SUN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 53.47, a Stop Loss order could be placed below this zone.
More info and screens
49.47
59.85
3 important support areas can be observed.
- A support zone ranging from 53.24 to 53.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.13 from a horizontal line in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.34 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 | 29.44 | NEGATIVE | SUN has a low relative strength, it was outperformed by 70.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SUN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for SUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SUN has a positive trend. |
| Stochastics (14,3) | 34.03 | NEUTRAL | The Stochastics value for SUN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for SUN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for SUN 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)
53.51
+0.3 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.56%
1 Week-1.02%
2 Weeks-0.78%
1 Month-3.04%
3 Month-5.69%
6 Month4.76%
12 Month-4.67%
2 Year22.84%
3 Year43.65%
5 Year134.39%
10 Year18.12%
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%2.29%
ATR Inc-7.81%
Range Today0.88
ADR(20)1.22
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.44
Mansfield-0.56
10 Day High54.62
10 Day Low51.95
20 Day High56.22
20 Day Low51.95
52 Week High59.88
52 Week Low48
CS1 End53.47
CR1 Start58.34
Volume & EV
DER(3)1.22%
DER(5)0.71%
Volume733.69K
Volume Incr46.91%
Vol(5)533.12K
Vol(50)418.24K