SU technical analysis

SU Technical Analysis

Analysis date

July 15, 2026

Market

NYSE (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SU Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
SU
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)38.02July 14, 2026-Verified
Finviz (independent)38.02July 14, 2026 (previous close)0.00%Verified

Bottom line

SU Technical Analysis Summary

SU (Suncor Energy) presents an improving technical picture after a prolonged correction from its 52-week highs. On the daily chart, price at 38.02 has reclaimed SMA20 (36.59) and SMA50 (36.27), signaling that short-term momentum has shifted positive. However, price remains below SMA200 (39.41), confirming the longer-term trend is still bearish. RSI14 at 56.40 on the daily chart indicates building bullish momentum without overbought conditions. The daily MACD has generated a bullish crossover with the MACD line crossing above the signal line, and the histogram at 0.56 is positive — a constructive early signal. The weekly timeframe remains in a corrective phase with price below SMA20 (40.42) and SMA50 (41.20), though RSI at 48.02 has climbed toward the 50 midline. Key resistance lies at SMA200 (39.41) and the 20-day high (39.33). Support rests at 35.45 (20-day low) and 30.97 (52-week low). A sustained move above 39.41 would be needed to shift the long-term trend from bearish to neutral.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Improving but mixed. Price at 38.02 is above SMA20 (36.59, +3.91%) and SMA50 (36.27, +4.82%) but remains below SMA200 (39.41, -3.53%). SMA20 and SMA50 are sloping upward while SMA200 continues to flatten. This creates a constructive short-term setup within a still-bearish long-term context.
Momentum
Bullish with improving bias. RSI14 at 56.40 is above the 50 midline, indicating bullish momentum without overbought conditions. MACD line at 0.10 has crossed above the signal line at -0.46, and the histogram at 0.56 is positive — a clear bullish crossover signal that suggests momentum is shifting in favor of the bulls.
Volatility
Moderate. ATR14 at 0.88 (2.31% of price) suggests average daily movement of about 2.3%. Bollinger Bands (34.76 to 38.52) show price near the upper band, consistent with the recent upward move. Band width is moderate, indicating normal volatility conditions.
Volume
Below average. Latest volume of 5,283,400 is 67.1% of the 20-period average (7,871,060), indicating reduced participation. The recent rally lacks strong volume confirmation, which warrants caution.

Assessment

The daily chart shows a positive development in that SU has reclaimed both SMA20 and SMA50 after the pullback from the 52-week high. The bullish MACD crossover is a technically meaningful signal. However, the stock remains in a longer-term corrective phase as confirmed by the declining SMA200 and price below it. Volume has been lackluster during the rally, which reduces conviction. The 52-week position at 42.3% reflects the stock is in the lower half of its annual range. A decisive move above SMA200 (39.41) would be a meaningful trend change signal.

Weekly (July 6, 2026 week)

Trend
Bearish with early improvement signs. Price at 37.64 is below SMA20 (40.42), SMA50 (41.20), and SMA200 (39.82). All three SMAs slope downward, confirming the structural downtrend from the 52-week highs above 47.
Momentum
Neutral with improving bias. RSI14 at 48.02 has climbed toward the 50 midline from oversold levels, a notable shift from the weak readings seen earlier in the year. MACD line at -1.56 is approaching a crossover with the signal line at -1.92, and the histogram at 0.36 is positive, suggesting deteriorating bearish momentum.
Volatility
Moderate. ATR14 at 1.33 (3.53% of price) reflects typical weekly ranges for an integrated energy company. Bollinger Bands (33.78 to 42.61) are moderately wide with the lower band reflecting the recent lows.
Volume
Below average. Weekly volume of 26,154,700 is 73.2% of the 20-week average (35,726,860), indicating reduced participation during the recovery phase.

Assessment

The weekly chart still reflects a bearish structure with price below all major SMAs. However, the shift in RSI toward 50 and the improving MACD suggest the downtrend may be losing steam. The stock has established a potential base around the 33.00-34.00 level, having bounced from the 52-week low of 30.97. A weekly close above SMA20 (40.42) would be the first step toward trend improvement, followed by SMA50 (41.20). The current setup is more constructive than it has been in months, but a confirmed trend reversal has not yet occurred.

Key indicators

SU Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)56.4048.02
MACD (12, 26, 9)0.10 / -0.46 / 0.56-1.56 / -1.92 / 0.36
ATR (14)0.88 (2.31%)1.33 (3.53%)
Bollinger Bands (20, 2)34.76 - 38.5233.78 - 42.61
SMA (20)36.5940.42
SMA (50)36.2741.20
SMA (200)39.4139.82

Price structure

SU Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price38.0237.64
1-Period Return+1.47%+0.83%
5-Period Return+3.31%+5.88%
20-Period Return+5.58%+8.42%
60-Period Return+7.82%-8.91%
252-Period Return-11.23%-20.11%
52-Week Low30.9730.97
52-Week High47.6447.64
52-Week Position42.30%40.18%

Key levels

SU Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High39.3342.61
20-Period Low35.4533.78
60-Period High41.9247.64
60-Period Low30.9730.97

Scenarios

SU Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA200 (39.41) on the daily chart with above-average volume, establishing an uptrend.

Invalidation

Price falls back below SMA20 (36.59) and breaks the 20-day low at 35.45.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI crossing above 50 sustained; volume increasing on break attempts.

Range-Bound

Trigger

Price oscillates between SMA20 support (36.59) and SMA200 resistance (39.41) with no clear directional bias.

Invalidation

A decisive break above 39.41 or below 35.45 with increasing volume.

What to watch

RSI staying between 45 and 60; MACD histogram fluctuating around zero; volume remaining near average levels.

Bearish

Trigger

Price fails to hold above SMA50 (36.27) and breaks below the 20-day low at 35.45, resuming the longer-term downtrend.

Invalidation

Price reclaims and holds above SMA20 (36.59) and establishes a higher low above 35.45.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD crossing back below the signal line.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.