RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Sunoco LP stock price ended at $51.59 on Wednesday, after losing 0.116%
(Updated on Nov 13, 2024)

Sell candidate since Nov 07, 2024 Loss -3.34%

The Sunoco LP stock price fell by -0.116% on the last day (Wednesday, 13th Nov 2024) from $51.65 to $51.59. During the last trading day the stock fluctuated 1.48% from a day low at $51.25 to a day high of $52.01. The price has been going up and down for this period, and there has been a 1.2% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -98 thousand shares and in total, 176 thousand shares were bought and sold for approximately $9.08 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.64% during the next 3 months and, with a 90% probability hold a price between $49.26 and $52.59 at the end of this 3-month period.

SUN Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, November 11, 2024, and so far it has risen 0.0485%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sunoco LP stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $52.57 and $52.48. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Monday, September 16, 2024 and based on theory for this formation the price should fall by -3.33% to $49.87 within 11 trading days (Tuesday, October 01, 2024) since signal was issued.

Support, Risk & Stop-loss for Sunoco LP stock

Sunoco LP finds support from accumulated volume at $51.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.760 between high and low, or 1.48%. For the last week the stock has had daily average volatility of 2.06%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SUN) For The Upcoming Trading Day Of Thursday 14th

For the upcoming trading day on Thursday, 14th we expect Sunoco LP to open at $51.62, and during the day (based on 14 day Average True Range), to move between $50.40 and $52.78, which gives a possible trading interval of +/-$1.19 (+/-2.30%) up or down from last closing price. If Sunoco LP takes out the full calculated possible swing range there will be an estimated 4.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $51.14 (0.87%) than the resistance at $52.70 (2.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sunoco LP stock A Buy?

Sunoco LP holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.181 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on November 14, 2024 - $51.62 ( 0.0517%).

Trading levels for SUN

Fibonacci Support & Resistance Levels

Level Price
R3 52.38 1.52%
R2 52.09 0.96%
R1 51.91 0.614%
Price 51.59
S1 51.33 -0.511%
S2 51.15 -0.86%
S3 50.86 -1.42%

Accumulated Volume Support & Resistance Levels

Level Price
R3 54.13 4.93%
R2 53.12 2.97%
R1 52.70 2.15%
Price 51.59
S1 51.14 -0.87%
S2 50.91 -1.32%
S3 50.45 -2.21%

SUN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 08, 2024 Nov 08, 2024 Nov 19, 2024 $0.88 1.70%
2 Aug 09, 2024 Aug 09, 2024 Aug 19, 2024 $0.88 1.64%
3 May 03, 2024 May 10, 2024 May 20, 2024 $0.88 1.62%
4 Jan 25, 2024 Feb 07, 2024 Feb 20, 2024 $0.84 1.33%
5 Jan 25, 2024 Feb 06, 2024 Feb 20, 2024 $0.84 1.33%

FAQ

What is the symbol for Sunoco LP Stock and on which exchange is it traded?
The symbol for Sunoco LP is SUN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Sunoco LP Stock?
Sunoco LP holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Sunoco LP Stock?
Sunoco LP Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sunoco LP Stock.

What's the current price of Sunoco LP Stock?
As of the end of day on the Nov 13, 2024, the price of an Sunoco LP (SUN) share was $51.59.

What is the 52-week high and low for Sunoco LP Stock?
The 52-week high for Sunoco LP Stock is $64.89 and the 52-week low is $49.45.

What is the market capitalization of Sunoco LP Stock?
As of the Nov 13, 2024, the market capitalization of Sunoco LP is 7.003B.

When is the next earnings date for Sunoco LP?
The upcoming earnings date for Sunoco LP is Feb 12, 2025.
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ABOUT SUNOCO LP
Sunoco LP
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commissi...
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