SUNOCOCORP LLC (SUNC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SUNC - US86765Q1067 - Common Stock
Overall SUNC gets a technical rating of 5 out of 10. SUNC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 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 207 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 48.62 - 54.93 range, which is quite wide. It is currently trading near the high of this range.
SUNC has only a medium 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 resistance zone just above the current price starting at 54.12. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
48.35
When analyzing the support we notice one important 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.
We found 1 important resistance area.
- A resistance zone ranging from 54.12 to 54.49. 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) | 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) | 64.07 | NEUTRAL | The RSI value for SUNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests SUNC has a negative trend. |
| Stochastics (14,3) | 76.8 | NEUTRAL | The Stochastics value for SUNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for SUNC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for SUNC suggests a strong trend. |
53.99
+0.83 (+1.56%)
SUNOCOCORP LLC / SUNC FAQ
What is the ChartMill technical rating of SUNOCOCORP LLC (SUNC) stock?
ChartMill assigns a technical rating of 5 / 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 64.0709. 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 54.12. Check the full technical report for our detailed analysis of SUNC support and resistance levels.