CHINA PETROLEUM & CHEM-ADR (SNP) Technical Analysis

NYSE:SNP • US16941R1086

Current stock price

45.66 USD
-0.13 (-0.28%)
At close:
45.66 USD
0 (0%)
After Hours:

SNP Technical Rating and Analysis

1

Taking everything into account, SNP scores 1 out of 10 in our technical rating. SNP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • SNP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 75% of 209 stocks in the same industry do better.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • When comparing the performance of all stocks over the past year, SNP turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
  • SNP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNP is lagging the market slightly.
  • In the last month SNP has a been trading in the 44.21 - 48.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

SNP Weekly and Daily overview Charts

CHINA PETROLEUM & CHEM-ADR / SNP Weekly stock chart
CHINA PETROLEUM & CHEM-ADR / SNP Daily stock chart

SNP Setup Rating and Analysis

8

SNP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 44.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNP 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.

SNP Support and Resistance Analysis

41.41

56.16

3 important support areas can be observed.

  • A support zone ranging from 43.67 to 44.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @42.69 from a horizontal line in the weekly time frame.
  • A support zone ranging from 41.83 to 41.84. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 45.84 to 46.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 47.81 to 47.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 48.62 to 48.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @53.69 from a trend line in the weekly time frame.
  • A resistance zone ranging from 55.02 to 55.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

SNP Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for SNP is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SNP is down.
ChartMill Relative Strength61.65NEUTRALSNP is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SNP is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SNP is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SNP is below a declining SMA(200).
Relative Strength Index/RSI (14)44.91NEUTRALThe RSI value for SNP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.16NEGATIVEThe MACD value suggests SNP has a negative trend.
Stochastics (14,3)15.5OVERSOLDThe low Stochastics value suggests SNP may be oversold.
Average True Range in percent/ATR (20)2.48MEDIUM VOLATILITYThe ATR as a percentage value for SNP suggests some volalility.
Average Directional Index/ADX (14)8.45NEGATIVEThe low ADX value for SNP suggests a weak or negative trend.

SNP Chart- and CandleStick Pattern Analysis

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)

SNP Technicals: Chart, Performance Metrics, Trend & Indicators

CHINA PETROLEUM & CHEM-ADR / SNP Daily stock chart

CHINA PETROLEUM & CHEM-ADR

NYSE:SNP (9/8/2022, 8:11:58 PM)

After market: 45.66 0 (0%)

45.66

-0.13 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.28%
1 Week-1.85%
2 Weeks-1.95%
1 Month-2.69%
3 Month-1.28%
6 Month3.23%
12 Month-6.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.48%
ATR Inc-29.1%
Range Today0.66
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
CRS61.65
3 months CRSN/A
6 months CRSN/A
Mansfield0.08
10 Day High48.85
10 Day Low45.35
20 Day High48.85
20 Day Low44.21
52 Week High55.03
52 Week Low40.6
CS1 End44.19
CR1 Start45.84
Volume & EV
DER(3)4.34%
DER(5)2.92%
Volume137.00K
Volume Incr-43.38%
Vol(5)293.96K
Vol(50)327.23K

CHINA PETROLEUM & CHEM-ADR / SNP TA FAQ

What is the technical rating for SNP stock?

ChartMill assigns a technical rating of 1 / 10 to SNP.


What is the current trend direction of CHINA PETROLEUM & CHEM-ADR (SNP) stock?

The current trend direction for CHINA PETROLEUM & CHEM-ADR (SNP) is Bearish.


What is the RSI signal for CHINA PETROLEUM & CHEM-ADR (SNP) stock?

CHINA PETROLEUM & CHEM-ADR (SNP) has an RSI value of 44.9069. This indicates that the stock is currently neutral.


Can you provide the short term momentum for CHINA PETROLEUM & CHEM-ADR?

The short term momentum for CHINA PETROLEUM & CHEM-ADR (SNP) is negative.