SINOPEC SHANGHAI-SPONS ADR (SHI) Stock Technical Analysis
NYSE:SHI - New York Stock Exchange, Inc. - US82935M1099 - ADR - Currency: USD
Taking everything into account, SHI scores 0 out of 10 in our technical rating. SHI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SHI is a bad performer in the overall market: 84% of all stocks are doing better.
SHI is part of the Chemicals industry. There are 85 other stocks in this industry, of which 64% are performing better than SHI.
SHI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
SHI has a bad technical rating, but it does show a decent setup pattern. 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
When analyzing the support we notice one important 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.
We can see 5 important resistance areas.
- 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