SUNOCOCORP LLC (SUNC) Technical Analysis
NYSE:SUNC • US86765Q1067
Current stock price
SUNC Technical Rating and Analysis
Taking everything into account, SUNC scores 6 out of 10 in our technical rating. In the last year, SUNC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than SUNC.
- SUNC is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 94% are performing better than SUNC.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month SUNC has a been trading in the 57.74 - 63.24 range, which is quite wide. It is currently trading near the high of this range.
SUNC Weekly and Daily overview Charts
SUNC Setup Rating and Analysis
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 very little resistance above the current price. There is a support zone below the current price at 61.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SUNC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
We found 3 important support areas.
- A support zone ranging from 60.53 to 61.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.04 to 59.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 53.11 to 53.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | 71.25 | OVERBOUGHT | The high RSI value suggests SUNC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SUNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.16 | OVERBOUGHT | The high Stochastics value suggests SUNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for SUNC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | 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 |
|---|---|---|---|
| 63.25 | 60.52 | 2.73 (4.32%) | 23.17% |
| An entry @63.25. This is a Buy Stop order right above the 10 day high. | An exit @60.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.73 points, which is 4.32%. | For a 1.00% total portfolio risk, you can invest 23.17% of your capital in this trade. |
- 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
62.58
+0.33 (+0.53%)
SUNOCOCORP LLC / SUNC TA FAQ
What is the ChartMill technical rating of SUNOCOCORP LLC (SUNC) stock?
ChartMill assigns a technical rating of 6 / 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 71.2489. This indicates that the stock is currently overbought.
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 61.37. Check the full technical report for our detailed analysis of SUNC support and resistance levels.