SINOPEC SHANGHAI-SPONS ADR (SHI) Stock Technical Analysis
NYSE:SHI - New York Stock Exchange, Inc. - US82935M1099 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to SHI. SHI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than SHI.
SHI is currently trading near the lower end of its 52 week range, which is not a good sign. SHI is lagging the S&P500 Index which is trading in the middle of its 52 week range.
SHI is part of the Chemicals industry. There are 85 other stocks in this industry, SHI did better than 45% of them.
In the last month SHI has a been trading in the 14.97 - 16.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SHI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SHI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.18
21.28
We found 1 important support area.
- A support zone ranging from 15.33 to 15.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 15.56 to 15.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.63 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.45 from a trend line in the weekly time frame.
- Resistance @17.96 from a trend line in the daily time frame.
- Resistance @21.07 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
Mansfield-1.84
10 Day High16.08
10 Day Low15.26
20 Day High16.2
20 Day Low14.97
52 Week High27.94
52 Week Low14.97
Performance
1 Week-3.82%
2 Weeks-2.91%
1 Month-4.54%
3 Month-22.41%
6 Month-28.82%
12 Month-37.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)36.42
LBB15.34
UBB16.16
15.34
-0.1 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.65%
1 Week-3.82%
2 Weeks-2.91%
1 Month-4.54%
3 Month-22.41%
6 Month-28.82%
12 Month-37.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.57%
ATR Inc-56.96%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
Mansfield-1.84
10 Day High16.08
10 Day Low15.26
20 Day High16.2
20 Day Low14.97
52 Week High27.94
52 Week Low14.97
CS1 End15.33
CR1 Start15.56
Volume & EV
DER(3)6.55%
DER(5)3.94%
Volume14.40K
Volume Incr-31.99%
Vol(5)35.72K
Vol(50)33.27K