SUNCOKE ENERGY INC (SXC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SXC - US86722A1034 - Common Stock
Taking everything into account, SXC scores 6 out of 10 in our technical rating. In the last year, SXC 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.
- When comparing the yearly performance of all stocks, SXC is a bad performer in the overall market: 79% of all stocks are doing better.
- SXC is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 83% are performing better than SXC.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SXC has a been trading in the 7.07 - 8.33 range, which is quite wide. It is currently trading near the high of this range.
- SXC has an average volume of 1282000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SXC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SXC is lagging the market.
SXC has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.72
We found 1 important support area.
- A support zone ranging from 7.80 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @8.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.22 to 8.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.83 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SXC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXC is up. |
| ChartMill Relative Strength | 21.98 | NEGATIVE | SXC has a low relative strength, it was outperformed by 78.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SXC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.05 | NEUTRAL | The RSI value for SXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for SXC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for SXC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.46 | POSITIVE | The high ADX value value for SXC suggests a strong trend. |
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 |
|---|---|---|---|
| 8.09 | 7.79 | 0.30 (3.71%) | 25.00% |
| An entry @8.09. This is a Buy Stop order right above the resistance zone. | An exit @7.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 3.71%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SXC. Please evaluate whether better entry and exit points can be found.
- 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.
8.07
+0.26 (+3.33%)
SUNCOKE ENERGY INC / SXC FAQ
Can you provide the ChartMill technical rating for SUNCOKE ENERGY INC?
ChartMill assigns a technical rating of 6 / 10 to SXC.
What is the trend direction for SXC stock?
The current trend direction for SUNCOKE ENERGY INC (SXC) is Bearish.
Can you provide the RSI signal for SUNCOKE ENERGY INC?
SUNCOKE ENERGY INC (SXC) has an RSI value of 63.0534. This indicates that the stock is currently neutral.
What are the support and resistance levels for SUNCOKE ENERGY INC (SXC) stock?
SUNCOKE ENERGY INC (SXC) has a support level at 7.97 and a resistance level at 8.08. Check the full technical report for our detailed analysis of SXC support and resistance levels.