Here’s Why Suncor Energy Inc. (NYSE:SU) Jumped Up 0.8%

In its latest trading session, Suncor Energy Inc. (NYSE:SU) spiked up by 0.8% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.303, an Accumulation/Distribution Index (ADI) of 0.303, an On-Balance Volume (OBV) of 145.055, and a Chaiikin Money Flow (CMF) of 32.2. 1.492

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

So there you have it – our analysis of Suncor Energy Inc. (NYSE:SU). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.