Sinopec Shanghai Petrochemical

SHI-N

NYSE:SHI

26.98
0.25 (0.94%)
Shanghai Petrochemical, full name Sinopec Shanghai Petrochemical Company Limited, the subsidiary company of Sinopec, is one of the largest petrochemical enterprises in Mainland China.
More at Wikipedia

Analysis and Opinions about SHI-N

Signal
Opinion
Expert
COMMENT
COMMENT
September 30, 2016

She owns the parent company. A good business. They are losing money on the production front because of where oil prices are, and are actually cutting a lot of capital spending to try and maintain as much as they can of free cash flow. This is more of a dividend play. A good, longer-term hold.

Show full opinionHide full opinion

She owns the parent company. A good business. They are losing money on the production front because of where oil prices are, and are actually cutting a lot of capital spending to try and maintain as much as they can of free cash flow. This is more of a dividend play. A good, longer-term hold.

COMMENT
COMMENT
June 6, 2013

Chart shows a bottom at around $25 in 2012 and it now looks like it is trying to form a modified “cup and handle” and if it got above the $44 level, that would sort of be an All Clear sign to get up to the old high of around $63. Currently there is a convergence of moving averages at around its current level which is a significant area. Moving averages are starting to move up. Everything looks pretty reasonable although it has a lower volume, which is a sticky wicket. You could Buy with a Stop at around 6%-7% below the current price.

Show full opinionHide full opinion

Chart shows a bottom at around $25 in 2012 and it now looks like it is trying to form a modified “cup and handle” and if it got above the $44 level, that would sort of be an All Clear sign to get up to the old high of around $63. Currently there is a convergence of moving averages at around its current level which is a significant area. Moving averages are starting to move up. Everything looks pretty reasonable although it has a lower volume, which is a sticky wicket. You could Buy with a Stop at around 6%-7% below the current price.

Showing 1 to 2 of 2 entries
  • «
  • 1
  • »

Sinopec Shanghai Petrochemical(SHI-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Sinopec Shanghai Petrochemical is calculated according to the stock expert’s signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sinopec Shanghai Petrochemical(SHI-N) Frequently Asked Questions

What is Sinopec Shanghai Petrochemical stock symbol?

Sinopec Shanghai Petrochemical is a American stock, trading under the symbol SHI-N on the New York Stock Exchange (SHI). It is usually referred to as NYSE:SHI or SHI-N

Is Sinopec Shanghai Petrochemical a buy or a sell?

In the last 1 year, there was no coverage of Sinopec Shanghai Petrochemical published on Stockchase.

Is Sinopec Shanghai Petrochemical a good investment or a top pick?

Sinopec Shanghai Petrochemical was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Sinopec Shanghai Petrochemical.

Why is Sinopec Shanghai Petrochemical stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sinopec Shanghai Petrochemical worth watching?

In the last 1 year, there was no coverage of Sinopec Shanghai Petrochemical published on Stockchase.

What is Sinopec Shanghai Petrochemical stock price?

On 2020-02-20, Sinopec Shanghai Petrochemical (SHI-N) stock closed at a price of $26.98.