(SHI) Sinopec Shangai complete technical analysis [charts+indicators] | Buy/Sell Sinopec Shangai | (SHI) share price targets
Complete technical analysis of Sinopec Shangai (SHI) by charts plus indicators, forecast predictions and share price targets for Sinopec Shangai (SHI)
Sinopec Shangai trades in USA in Basic Industries sector.
10 day averaged volume of Sinopec Shangai is 43980
Date | Daily Closing Price | Open | High | Low | Volume |
02 Fri Sep 2022 | 15.34 | 15.32 | 15.44 | 15.28 | 0.327 times |
02 Fri Sep 2022 | 15.34 | 15.32 | 15.44 | 15.28 | 0.327 times |
01 Thu Sep 2022 | 15.44 | 15.31 | 15.46 | 15.26 | 0.493 times |
31 Wed Aug 2022 | 15.45 | 15.55 | 15.55 | 15.36 | 1.044 times |
30 Tue Aug 2022 | 15.66 | 15.76 | 15.79 | 15.53 | 0.834 times |
29 Mon Aug 2022 | 15.92 | 15.81 | 16.03 | 15.76 | 1.362 times |
26 Fri Aug 2022 | 15.95 | 15.97 | 16.08 | 15.84 | 1.53 times |
25 Thu Aug 2022 | 15.85 | 15.99 | 15.99 | 15.63 | 1.166 times |
24 Wed Aug 2022 | 15.94 | 15.84 | 16.00 | 15.72 | 1.364 times |
23 Tue Aug 2022 | 15.89 | 15.84 | 15.98 | 15.60 | 0.939 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.2, for a target of 15.5 or 15.76
Share price targets for Sinopec Shangai (SHI)
Target Type | Value |
Downside Target | 14.97 |
Upside Target | 16.03 |
Upside Target | 16.08 |
Upside Target | 16.09 |
Upside Target | 16.24 |
Upside Target | 16.81 |
Upside Target | 16.97 |
Upside Target | 17.25 |
Upside Target | 19.70 |
Upside Target | 20.20 |
Intraday share price targets for Sinopec Shangai (SHI)
Target Type | Value |
Downside Intraday Target | 15.27 |
Downside Intraday Target | 15.19 |
Upside Intraday Target | 15.43 |
Upside Intraday Target | 15.51 |
Upside Intraday Target | 15.35 |
Weekly technical analysis of Sinopec Shangai (SHI)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Fri Sep 2022 | 15.34 | 15.32 | 15.44 | 15.28 | 0.081 times |
02 Fri Sep 2022 | 15.34 | 15.81 | 16.03 | 15.26 | 0.812 times |
26 Fri Aug 2022 | 15.95 | 15.84 | 16.08 | 15.60 | 2.034 times |
23 Tue Aug 2022 | 15.89 | 15.48 | 15.98 | 15.47 | 0.22 times |
19 Fri Aug 2022 | 15.80 | 15.26 | 16.09 | 14.97 | 2.403 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sinopec Shangai (SHI)
Date | Monthly Closing Price | Open | High | Low | Volume |
02 Fri Sep 2022 | 15.34 | 15.31 | 15.46 | 15.26 | 0.041 times |
31 Wed Aug 2022 | 15.45 | 16.18 | 16.24 | 14.97 | 3.893 times |
29 Fri Jul 2022 | 16.39 | 16.88 | 16.97 | 15.68 | 0.91 times |
30 Thu Jun 2022 | 16.92 | 19.80 | 20.20 | 16.81 | 0.944 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sinopec Shangai (SHI)
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sinopec Shangai stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sinopec Shangai in short term and the sell signal is strong.
Sinopec Shangai Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sinopec Shangai in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sinopec Shangai is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.78 and Sinopec Shangai (SHI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sinopec Shangai (SHI) stock. Volume based technical analysis of Sinopec Shangai (SHI) stock is negative.
Sinopec Shangai Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sinopec Shangai ( (SHI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sinopec Shangai stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sinopec Shangai in short term and the sell signal is strong.
Sinopec Shangai Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sinopec Shangai in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sinopec Shangai is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.78 and Sinopec Shangai (SHI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sinopec Shangai (SHI) stock. Volume based technical analysis of Sinopec Shangai (SHI) stock is negative.
Sinopec Shangai Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.