SUNOCOCORP LLC (SUNC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SUNC - US86765Q1067 - Common Stock
Taking everything into account, SUNC scores 3 out of 10 in our technical rating. In the last year, SUNC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, SUNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 48.84, a Stop Loss order could be placed below this zone.
More info and screens
48.35
We found 1 important support area.
- A support zone ranging from 48.84 to 48.84. 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 52.77 to 53.12. 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 | 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) | DOWN | NEGATIVE | The current price of SUNC is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.88 | NEUTRAL | The RSI value for SUNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.17 | NEGATIVE | The MACD value suggests SUNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.32 | NEUTRAL | The Stochastics value for SUNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SUNC suggests some volalility. |
| Average Directional Index/ADX (14) | 33.23 | POSITIVE | The high ADX value value for SUNC suggests a strong trend. |
49.02
-0.26 (-0.53%)
SUNOCOCORP LLC / SUNC FAQ
What is the ChartMill technical rating of SUNOCOCORP LLC (SUNC) stock?
ChartMill assigns a technical rating of 3 / 10 to SUNC.
Can you provide the trend direction for SUNOCOCORP LLC?
The current trend direction for SUNOCOCORP LLC (SUNC) is Bullish.
What is the RSI signal for SUNOCOCORP LLC (SUNC) stock?
SUNOCOCORP LLC (SUNC) has an RSI value of 41.88. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for SUNOCOCORP LLC (SUNC) stock?
SUNOCOCORP LLC (SUNC) has a support level at 48.84 and a resistance level at 52.77. Check the full technical report for our detailed analysis of SUNC support and resistance levels.