SU NEWS why is Suncor Energy Inc. price falling or rising

SU NEWS reasons for why stock price of Suncor Energy Inc. is falling or rising

SU Suncor Energy is falling or rising technical reasons

Technical analysis forecast of Suncor Energy Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Suncor Energy SU at this time. Stock is rising and might rise more.

It appears as if Suncor Energy SU gave a large move recently.

Stock of Suncor Energy (SU) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Suncor Energy is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Suncor Energy stays above 38.8, but if it comes below 38.8, then a intra day sell could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 38.03 as target. However if you take a buy trade in Suncor Energy, then use 38.8 as stoploss and 39.8 as target.

SU Suncor Energy is falling or rising NEWS fundamental reasons

Quick Wrap: Nifty PSU Bank Index records a surge of 3.77% Powered by Capital Market - Live News - NEWS as on 2024-04-25 business-standard.com

These 5 PSU stocks hit 52-week highs, rally up to 40% in a month The importance of the 52-week high lies in indicating a stock's peak value over the past year, which holds significance for traders and investors. - NEWS as on 2024-04-24 indiatimes.com

PSU lenders do not have the power to issue Look Out Circulars: Bombay HC The Bombay High Court declared public sector lenders ineligible to issue Look Out Circulars (LOCs) under Central government office memoranda. While deeming this practice as 'arbitrary', the court upheld the constitutionality of the Central government's off - NEWS as on 2024-04-23 indiatimes.com

Here's Why Suncor Energy (SU) Gained But Lagged the Market Today Suncor Energy (SU) closed the most recent trading day at .15, moving +0.18% from the previous trading session. This move lagged the S&P 500's daily gain of 1.2%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy - NEWS as on 2024-04-23 nasdaq.com

Quick Wrap: Nifty PSU Bank Index rises 3.07% Powered by Capital Market - Live News - NEWS as on 2024-04-22 business-standard.com

Mutual funds just reduced holding in these 10 PSU stocks. Are these in your portfolio? In March 2024, mutual funds' active schemes reduced their exposure to public sector undertakings (PSUs) slightly. - NEWS as on 2024-04-20 indiatimes.com

Best banking & PSU mutual funds to invest in April 2024 These schemes have become extremely popular after the troubles in the debt mutual fund space three years ago. The debt market was rocked by downgrades and defaults not long ago. Many conservative investors stopped investing in debt schemes because they wer - NEWS as on 2024-04-19 indiatimes.com

More announcements and NEWS

SU Suncor Energy Inc. current price & indicator signals

Moving Averages for Suncor Energy Inc.

  • 5Day Average: 38.82
  • 12Day Average: 38.4
  • 20Day Average: 38.21
  • 50Day Average: 36.16
  • 100Day Average: 34.09
  • 150Day Average: 33.81
  • 200Day Average: 33.58

SU Indicators & signals

Indicator MACD (12,26,9)

38.45, 37.69, 0.78
Indicator MACD is in positive zone

Indicator ADX (14)

40, 28, 12
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SU Suncor Energy Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 39.27 38.90 to 39.33 0.31% 0.74 times
23 Tue Apr 2024 39.15 38.82 to 39.26 0.18% 0.68 times
22 Mon Apr 2024 39.08 38.12 to 39.34 1.4% 0.62 times
19 Fri Apr 2024 38.54 37.94 to 38.90 1.29% 1.15 times
18 Thu Apr 2024 38.05 37.85 to 38.41 0.42% 1.11 times
17 Wed Apr 2024 37.89 37.35 to 38.28 0.82% 0.78 times
16 Tue Apr 2024 37.58 36.93 to 37.79 1.08% 1.39 times
15 Mon Apr 2024 37.18 37.04 to 37.91 -1.35% 1.06 times
12 Fri Apr 2024 37.69 37.45 to 38.93 -1.75% 1.25 times
11 Thu Apr 2024 38.36 38.25 to 39.31 -2.42% 1.13 times
10 Wed Apr 2024 39.31 38.45 to 39.32 1.5% 0.82 times
09 Tue Apr 2024 38.73 38.44 to 38.92 0.08% 0.69 times

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SU NEWS why is Suncor Energy  Inc. price falling or rising

 

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