SUNOCO LP (SUN) Technical Analysis
NYSE:SUN • US86765K1097
Current stock price
SUN Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SUN. Both in the recent history as in the last year, SUN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- SUN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 209 stocks in the same industry do better.
- 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 83% of all stocks. However, this relatively good performance is mostly due to a recent big 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
SUN Support and Resistance Analysis
49.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 62.85 to 63.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 55.37 to 56.02. 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.
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 | 83.22 | POSITIVE | SUN has a high relative strength, it outperformed 83.22% 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) | 65.89 | NEUTRAL | The RSI value for SUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SUN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.04 | NEUTRAL | The Stochastics value for SUN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SUN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.57 | 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 |
|---|---|---|---|
| 67.83 | 63.37 | 4.46 (6.58%) | 15.21% |
| An entry @67.83. This is a Buy Stop order right above the 10 day high. | An exit @63.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.46 points, which is 6.58%. | When investing 15.21% 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
67.01
+0.43 (+0.65%)
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 65.894. 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 63.42. Check the full technical report for our detailed analysis of SUN support and resistance levels.