SUNOCO LP (SUN) Stock Technical Analysis
NYSE:SUN - New York Stock Exchange, Inc. - US86765K1097 - Currency: USD
We assign a technical rating of 1 out of 10 to SUN. SUN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SUN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 213 stocks in the same industry.
In the last month SUN has a been trading in the 52.75 - 58.50 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, SUN outperforms 54% of them, which is more or less in line with the market.
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.
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 support zone below the current price at 54.82, a Stop Loss order could be placed below this zone.
More info and screens
49.47
59.85
4 important support areas can be observed.
- Support @54.82 from a horizontal line in the daily time frame.
- Support @53.19 from a trend line in the weekly time frame.
- A support zone ranging from 51.87 to 51.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 49.97 to 50.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 55.48 to 56.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.56 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 | NEUTRAL | NEUTRAL | The long term trend for SUN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUN is down. |
| ChartMill Relative Strength | 54.57 | NEUTRAL | SUN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SUN is below a declining 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) | 45.11 | NEUTRAL | The RSI value for SUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SUN has a negative trend. |
| Stochastics (14,3) | 37.55 | NEUTRAL | The Stochastics value for SUN is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for SUN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.18 | 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)
55.13
-0.08 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.14%
1 Week-0.11%
2 Weeks-3.37%
1 Month-5.19%
3 Month-6.26%
6 Month-2.36%
12 Month8.1%
2 Year28.24%
3 Year33.68%
5 Year113.68%
10 Year19.33%
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%3%
ATR Inc-17.18%
Range Today1.44
ADR(20)1.57
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.57
Mansfield-0.26
10 Day High57.71
10 Day Low54.58
20 Day High58.5
20 Day Low52.75
52 Week High59.88
52 Week Low48
CS1 End54.82
CR1 Start55.48
Volume & EV
DER(3)-0.35%
DER(5)-0.1%
Volume355.30K
Volume Incr-41.28%
Vol(5)262.96K
Vol(50)400.15K