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Sinopec Shanghai Petrochemical (SHI-N)
NYSE:SHI
18.28
Financials
Technical Analysis
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.
$50.400
No
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.
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Sinopec Shanghai Petrochemical(SHI-N) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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 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 year, there was no coverage of Sinopec Shanghai Petrochemical published on Stockchase.
What is Sinopec Shanghai Petrochemical stock price?
On 2023-03-15, Sinopec Shanghai Petrochemical (SHI-N) stock closed at a price of $18.28.
