SHI   $15.34  -0.65% Market Closed

Sinopec Shanghai Petrochemical Co Ltd
Last Events:

2022-09-07 Signal in EMA100 changed from bearish reversal to n/a. 2022-01-21 the price crossed down the moving average line and demonstrates a downside trend.

2022-09-01 Signal in Stochastic changed from bearish reversal to bearish. The stochastic indicator is in the lower part of the neutral territory and it falls. These factors indicate that negative dynamics persists. Last signal: down-crossing the middle level.

2022-08-31 Signal in MACD changed from bearish weakening to bearish recovery. Oscillator MACD is in the negative territory it's higher than the signal line and falls. These factors mean that negative mood prevails, but this trend does not have a significant strength. Last signal: main and signal line crossing.

2022-08-30 Signal in Stochastic changed from bullish recovery to bearish reversal. The stochastic indicator is in the upper part of the neutral territory and left the overbought territory. These factors indicate that perhaps the upside trend is coming to an end price will probably head south Last signal: main and signal line crossing.

2022-08-30 Signal in RSI changed from bearish weakening to bearish recovery. RSI indicator is in the lower part of the neutral territory and it heading south. These factors indicate that negative dynamics is recovering. Last signal: exit from the overbought zone.

2022-08-29 Signal in EMA20 changed from bullish reversal to bearish reversal. 2022-06-22 the price crossed down the moving average line and getting closer to the MA, which means that the downside trend weakens.

2022-08-29 Signal in EMA20 changed from bearish reversal to bullish reversal. The price is trying to cross up the moving average line If the intersection will be successful, then an upside trend can be formed.

2022-08-28 Signal in EMA20 changed from bullish reversal to bearish reversal. 2022-06-22 the price crossed down the moving average line and getting closer to the MA, which means that the downside trend weakens.


Current temperature: 2.18
ST: 0, Cor:

50-50 Year Forecast
Low with 50% probability: 14.72
Target: 27.00
High with 50% probability: 19.17
Analyst Recommendations:
Number of estimates 1
Target Price Mean 27.00
Mean unverified/preliminary 27.00 / 27.00
Target Price Low / High 27.00 / 27.00
Median / STD DEV 27.00 / 0.00
Tech Forecasts:
More signals
  < 1M 1-3M > 3M
total Sell Sell -
rsi Sell - -
macd - Sell -
stoch Sell Sell -
ma20 Sell - -
ma50 - - -
ma100 Sell - -
Candlestick PatternAug. 8, 2022 Hammer - is a candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. Considered to be a bullish pattern during a downtrend.
ISIN US82935M1099
Website https://www.spc.com.cn
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibers segment produces polyesters, acrylic fibers, and carbon fibers that are primarily used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produce polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cables and mulching films, as well as molded products, such as housewares and toys; and polypropylene resins that are used for films and sheets, as well as molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil refinery facilities used to produce refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.