SUNOCOCORP LLC (SUNC) Technical Analysis
NYSE:SUNC • US86765Q1067
Current stock price
SUNC Technical Rating and Analysis
Taking everything into account, SUNC scores 7 out of 10 in our technical rating. Although SUNC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than SUNC.
- SUNC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month SUNC has a been trading in the 58.73 - 64.32 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
SUNC Weekly and Daily overview Charts
SUNC Setup Rating and Analysis
Besides having an excellent technical rating, SUNC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 61.91, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SUNC Support and Resistance Analysis
52.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 60.15 to 61.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.05 from a horizontal line in the daily time frame.
- Support @53.11 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @63.95 from a horizontal line in the daily time frame.
SUNC 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 SUNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUNC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SUNC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUNC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.41 | NEUTRAL | The RSI value for SUNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SUNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.38 | OVERBOUGHT | The high Stochastics value suggests SUNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SUNC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for SUNC suggests a weak or negative trend. |
SUNC Chart- and CandleStick Pattern Analysis
SUNC 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 |
|---|---|---|---|
| 63.96 | 60.14 | 3.82 (5.97%) | 16.74% |
| An entry @63.96. This is a Buy Stop order right above the resistance zone. | An exit @60.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.82 points, which is 5.97%. | When investing 16.74% 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.
SUNC Technicals: Chart, Performance Metrics, Trend & Indicators
62.72
-1.22 (-1.91%)
SUNOCOCORP LLC / SUNC TA FAQ
What is the ChartMill technical rating of SUNOCOCORP LLC (SUNC) stock?
ChartMill assigns a technical rating of 7 / 10 to SUNC.
Can you provide the trend direction for SUNOCOCORP LLC?
The current trend direction for SUNOCOCORP LLC (SUNC) is Bullish.
Can you provide the RSI signal for SUNOCOCORP LLC?
SUNOCOCORP LLC (SUNC) has an RSI value of 56.4109. This indicates that the stock is currently neutral.
What is the short term momentum for SUNC stock?
The short term momentum for SUNOCOCORP LLC (SUNC) is positive.
Can you provide the buy/sell signal for SUNOCOCORP LLC?
The buy/sell signal for SUNOCOCORP LLC (SUNC) is buy as both the short term and long term trends are positive.