
CHINA PETROLEUM & CHEM-ADR (SNP) Technical Analysis
NYSE:SNP • US16941R1086
Current stock price
SNP Technical Rating and Analysis
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
SNP Setup Rating and Analysis
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.
More info and screens
SNP Support and Resistance Analysis
41.41
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SNP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNP is down. |
| ChartMill Relative Strength | 61.65 | NEUTRAL | SNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.91 | NEUTRAL | The RSI value for SNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SNP has a negative trend. |
| Stochastics (14,3) | 15.5 | OVERSOLD | The low Stochastics value suggests SNP may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SNP suggests some volalility. |
| Average Directional Index/ADX (14) | 8.45 | NEGATIVE | The low ADX value for SNP suggests a weak or negative trend. |
SNP Chart- and CandleStick Pattern Analysis
SNP Technicals: Chart, Performance Metrics, Trend & Indicators
45.66
-0.13 (-0.28%)
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.