Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI)
Strong Uptrend (+100) - SHI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SHI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SHI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHI
The long-term trend has been UP since Sep 7th, 2021 at 26.8000
The intermediate-term trend has been UP since Oct 4th, 2021 at 27.0200
The short-term trend has been UP since Oct 19th, 2021 at 24.6895
Smart Scan Analysis for SHI
Based on our trend formula, SHI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||74.09||Year High Date||2018-05-31|
|Year Low||42.01||Year Low Date||2018-10-29|
|52wk High||27.94||52wk High Date||2021-09-07|
|52wk Low||18.39||52wk Low Date||2020-10-28|
|Year End Close||36.31||Average Volume||40,763|
|Shares Outstanding||108,010||Short Interest||30,009|
|% Institutional||0.4||Market Cap||3,319M|