Technical Analysis for SU - Suncor Energy Inc.

Grade Last Price % Change Price Change
A 39.27 0.31% 0.12
SU closed up 0.31 percent on Wednesday, April 24, 2024, on 68 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 6
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
NR7 Range Contraction 0.31%
Stochastic Reached Overbought Strength 0.31%
Inside Day Range Contraction 0.31%
Overbought Stochastic Strength 0.31%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 15 hours ago
Possible NR7 about 16 hours ago
60 Minute Opening Range Breakout about 20 hours ago
Reversed from Down about 20 hours ago
Gap Down Closed about 20 hours ago

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Profile

Suncor Energy Inc. Description

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; markets third-party petroleum products; and engages in energy trading activities. It operates in Oil Sands, Exploration and Production, and Refining and Marketing segments. The Oil Sands segment recovers bitumen from mining and in situ development in northern Alberta, and upgrades it into refinery feedstock and diesel fuel. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and onshore operations in North America, Libya, and Syria. The Refining and Marketing segment refines crude oil at Suncor's refineries in Edmonton, Alberta; Montreal, Quebec; and Sarnia, Ontario in Canada, as well as in Commerce City, Colorado into a range of petroleum and petrochemical products. This segment also manufactures, blends, and markets specialty lubricants and waxes to retail, commercial, and industrial customers through a combination of company-owned, branded-dealer, and other retail stations in Canada and Colorado, a nationwide commercial road transport network in Canada, and a sales channel in Canada. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1953 and is headquartered in Calgary, Canada.


Classification

Sector: Energy
Industry: Oil & Gas Integrated
Keywords: Natural Gas Mining Petroleum Industry Crude Oil Petroleum Petroleum Products Chemical Product S&P/Tsx 60 Index Energy Industry Diesel Fuel Refinery Oil Sands Road Transport Athabasca Oil Sands Energy Trading Markets Crude Oil Sunoco Petrochemical Products Retail Stations

Is SU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.34
52 Week Low 26.2739
Average Volume 4,685,786
200-Day Moving Average 32.81
50-Day Moving Average 35.96
20-Day Moving Average 38.21
10-Day Moving Average 38.28
Average True Range 0.74
RSI (14) 67.53
ADX 36.67
+DI 27.73
-DI 11.81
Chandelier Exit (Long, 3 ATRs) 37.11
Chandelier Exit (Short, 3 ATRs) 38.17
Upper Bollinger Bands 39.82
Lower Bollinger Band 36.61
Percent B (%b) 0.83
BandWidth 8.40
MACD Line 0.80
MACD Signal Line 0.83
MACD Histogram -0.0332
Fundamentals Value
Market Cap 50.86 Billion
Num Shares 1.3 Billion
EPS 4.60
Price-to-Earnings (P/E) Ratio 8.54
Price-to-Sales 0.83
Price-to-Book 1.34
PEG Ratio 0.07
Dividend 2.08
Dividend Yield 5.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.92
Resistance 3 (R3) 39.86 39.60 39.81
Resistance 2 (R2) 39.60 39.43 39.62 39.77
Resistance 1 (R1) 39.43 39.33 39.52 39.49 39.74
Pivot Point 39.17 39.17 39.21 39.19 39.17
Support 1 (S1) 39.00 39.00 39.09 39.06 38.80
Support 2 (S2) 38.74 38.90 38.76 38.77
Support 3 (S3) 38.57 38.74 38.73
Support 4 (S4) 38.63