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(SU) Suncor Energy complete technical analysis [charts+indicators] | Buy/Sell Suncor Energy | (SU) share price targets

Complete technical analysis of Suncor Energy (SU) by charts plus indicators, forecast predictions and share price targets for Suncor Energy (SU)

Suncor Energy trades in USA in Energy sector.

10 day averaged volume of Suncor Energy is 4847401

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 40.09 40.00 40.26 39.64 0.64 times
16 Thu May 2024 39.77 39.59 40.00 39.45 1.119 times
15 Wed May 2024 39.41 39.14 39.52 38.33 1.277 times
14 Tue May 2024 39.19 39.47 39.77 38.95 1.499 times
13 Mon May 2024 39.64 40.38 40.44 39.58 0.808 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.8, but if it comes below 39.8, then a intra day sell could be more profitable.
If you take a sell trade below 39.8, then use 39.8 as stoploss and 39.17 as target. However if you take a buy trade in stock , then use 39.8 as stoploss and 40.7 as target.

Share price targets for Suncor Energy (SU)

Target Type Value
Downside Target 31.03
Downside Target 34.12
Downside Target 36.74
Downside Target 38.12
Downside Target 38.49
Downside Target 38.90
Downside Target 39.63
Downside Target 39.73
Upside Target 40.44
Upside Target 40.69

Intraday share price targets for Suncor Energy (SU)

Target Type Value
Downside Intraday Target 38.8
Downside Intraday Target 37.51
Upside Intraday Target 40.91
Upside Intraday Target 41.73
Downside Intraday Target 39.62

Weekly technical analysis of Suncor Energy (SU)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 40.09 40.38 40.44 38.33 1.147 times
10 Fri May 2024 40.09 38.49 40.69 38.49 1.245 times
03 Fri May 2024 38.24 39.60 39.73 37.29 1.254 times
26 Fri Apr 2024 39.41 38.28 39.63 38.12 0.618 times
19 Fri Apr 2024 38.54 37.68 38.90 36.93 1.145 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Suncor Energy (SU)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 40.09 38.19 40.69 37.29 0.674 times
30 Tue Apr 2024 38.19 37.05 39.73 36.74 0.931 times
28 Thu Mar 2024 36.91 34.35 36.98 34.12 1.044 times
29 Thu Feb 2024 34.36 33.27 34.52 31.25 1.201 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Suncor Energy (SU)

Indicator Name Indicator Value Indicator Signal
ADX 29, 23, 12 Buy
MACD 1, 1Buy
Stochastics 66None
CCI 75Buy
RSI 44Sell
OBV 28811113Sell
VWAP 40Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Suncor Energy ( (SU) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Suncor Energy ( (SU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Suncor Energy ( (SU) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Suncor Energy ( (SU) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Suncor Energy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Suncor Energy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Suncor Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Suncor Energy in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Suncor Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.5 and Suncor Energy (SU) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Suncor Energy (SU) stock. Volume based technical analysis of Suncor Energy (SU) stock is negative.

Suncor Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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