SU Forms Cup with Handle near 67.28 Pivot; Stage 2 Uptrend Intact

Posted on by Eben@CANSLIM Research
SU daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

Suncor Energy (SU) is consolidating in a 12-week Cup with Handle base, with the handle low at 60.10 and a pivot at 67.28. The stock remains in a Stage 2 advancing trend, holding above a rising 30-week moving average, and has passed 7 of 8 trend-template checks. Sentiment is bullish, with the setup viewed as offensive ahead of a potential breakout above the pivot.

As of 2026-08-14 · Close $65.82

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 5.63%)

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