Suncor Energy Inc. (SU.TO) closed the TSX session at C$78.21 on 04 Mar 2026 with 12,812,584.00 shares changing hands, making it one of the market’s most active names. SU.TO stock rose 0.70 to finish up 0.90% as intraday momentum pushed price toward the year high of C$80.12. Traders cited strong volume versus the 50-day average volume of 7,120,784.00, and the sector rally in Canadian energy. Meyka AI, our AI-powered market analysis platform, flags both valuation strength and near-term technical momentum for Suncor on the TSX in CAD terms.

Intraday price and volume: SU.TO stock momentum

Suncor (SU.TO) traded between C$75.33 and C$78.23 on 04 Mar 2026 and closed at C$78.21. Volume hit 12,812,584.00, a relative volume of 1.78, versus average volume 7,120,784.00, showing outsized retail and institutional interest. The stock is trading above its 50-day average (C$69.56) and 200-day average (C$59.25), which supports a near-term momentum view.

Fundamentals snapshot and valuation

Suncor Energy Inc. (SU.TO) posts an EPS of C$4.85 and a reported PE near 16.13, with market capitalization about CAD 93.95B. Key metrics show a dividend per share of C$2.34 and dividend yield near 3.00%, payout ratio 0.47, and debt-to-equity 0.41. Free cash flow yield is roughly 7.39%, indicating healthy cash generation versus peers in the Canadian Energy sector.

Technical setup and trading signals

Momentum indicators favour buyers: RSI is 63.83 and ADX reads 45.84, signaling a strong trend. MACD sits at 2.14 with signal 2.29, and Bollinger upper band is C$79.45, making the immediate resistance clear. Support aligns with the 50-day average at C$69.56 and the 200-day at C$59.25, which traders can use for risk controls.

Meyka AI rates SU.TO with a score out of 100

Meyka AI rates SU.TO with a score out of 100: 78.58 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 comparison, Energy sector metrics, financial growth, key ratios, forecasts, and analyst consensus. The company rating dated 2026-03-04 shows an A- rating and a Buy recommendation on balance, while PE metrics are flagged as relatively rich versus some peers.

Meyka AI’s forecast model projects and price targets

Meyka AI’s forecast model projects a range of scenarios versus the current C$78.21. Short-term monthly projection is C$72.20 (-7.67% vs current), a 3-year base case C$76.58 (-2.09%), and a 5-year bull case C$88.54 (+13.22%). Forecasts are model-based projections and not guarantees. Use these as planning points, not strict price promises.

Risks, catalysts and sector context

Risks include commodity price swings, regulatory shifts for oil sands, and refining margins volatility. Catalysts are stronger global oil demand, higher realized prices, and refinery utilization gains. Canadian Energy sector outperformed YTD; SU.TO benefits from that tailwind but remains sensitive to crude price moves and Canadian policy changes.

Final Thoughts

SU.TO stock finished the closed TSX session at C$78.21 on 04 Mar 2026 with heavy volume of 12,812,584.00, signalling sustained market interest. Fundamentals support a dividend yield near 3.00%, EPS C$4.85, and a PE of 16.13, while cash flow metrics show a free cash flow yield around 7.39%. Technically, momentum is positive with RSI 63.83 and ADX 45.84, though MACD shows a mild divergence. Meyka AI assigns a B+ (78.58/100) grade and provides scenario targets from C$72.20 (short-term) to C$88.54 (5-year). For active traders, short-term upside is capped by near-term resistance at the Bollinger upper band C$79.45. For longer-term investors, valuation and steady cash flow make Suncor a candidate for income and cyclic exposure within the Canadian Energy sector. Remember forecasts and grades are model-based and not guarantees; manage size and stop-losses according to your risk plan. For continuing coverage and live alerts see Reuters and MarketWatch sources and our SU.TO page on Meyka AI for real-time updates.

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Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.