SUNOCO LP (SUN) Technical Analysis
NYSE:SUN • US86765K1097
Current stock price
SUN Technical Rating and Analysis
Taking everything into account, SUN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SUN is showing a nice and steady performance.
- SUN is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 61% are performing better than SUN.
- The long and short term trends are both positive. This is looking good!
- SUN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SUN is leading the market.
- In the last month SUN has a been trading in the 62.01 - 67.82 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that SUN is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SUN Weekly and Daily overview Charts
SUN Setup Rating and Analysis
Besides having an excellent technical rating, SUN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SUN Support and Resistance Analysis
49.48
3 important support areas can be observed.
- Support @63.59 from a trend line in the daily time frame.
- A support zone ranging from 55.60 to 56.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.98 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.01 to 67.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
SUN Technical Indicator Signal Analysis
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 SUN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUN is up. |
| ChartMill Relative Strength | 82.94 | POSITIVE | SUN has a high relative strength, it outperformed 82.94% 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) | UP | POSITIVE | The current price of SUN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SUN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.53 | NEUTRAL | The RSI value for SUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SUN has a negative trend. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for SUN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SUN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for SUN suggests a possible start of a new trend. |
SUN Chart- and CandleStick Pattern Analysis
SUN 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 67.27 | 63.58 | 3.69 (5.49%) | 18.23% |
| An entry @67.27. This is a Buy Stop order right above the resistance zone. | An exit @63.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.69 points, which is 5.49%. | When investing 18.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SUN Technicals: Chart, Performance Metrics, Trend & Indicators
66.32
-0.69 (-1.03%)
SUNOCO LP / SUN TA FAQ
Can you provide the ChartMill technical rating for SUNOCO LP?
ChartMill assigns a technical rating of 9 / 10 to SUN.
What is the current trend direction of SUNOCO LP (SUN) stock?
The current trend direction for SUNOCO LP (SUN) is Bullish.
Can you provide the RSI signal for SUNOCO LP?
SUNOCO LP (SUN) has an RSI value of 61.5308. This indicates that the stock is currently neutral.
What is the short term momentum for SUNOCO LP (SUN) stock?
The short term momentum for SUNOCO LP (SUN) is positive.
What is the support and resistance level for SUN stock?
SUNOCO LP (SUN) has a support level at 63.59 and a resistance level at 67.01. Check the full technical report for our detailed analysis of SUN support and resistance levels.