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Suncor Energy Bullish Moving Average Crossover Alert (SU)

By James Quinn

Suncor Energy (NYSE:SU) crossed over its 10-day moving average of $27.81 on a volume of 708K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Suncor Energy share prices have moved between a 52-week high of $32.87 and a 52-week low of $18.71 and are now trading 51% above that low price at $28.30 per share. The 200-day and 50-day moving averages have moved 0.05% higher and 0.88% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Suncor Energy and will alert subscribers who have SU in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses suncor energy

Ticker(s): SU