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China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation (SNPMF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for China Petroleum & Chemical Corporation.

SNPMFPNK
EnergyOil & Gas Integrated
$0.54
$0.02(2.86%)
U.S. Market opens in 54h 30m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SNPMF Technical Analysis Summary

China Petroleum & Chemical Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.50)
Trend Strength:Weak (ADX: 12.68)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.55 – $0.61 (Bollinger Bands)

This mix signals that China Petroleum & Chemical Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.60

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.56

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.35

Bearish
Selling pressure outweighs buying.

Takeaway:China Petroleum & Chemical Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.68

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -182.16

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:China Petroleum & Chemical Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.61
Middle Band (SMA 20)
$0.58
Lower Band
$0.55
Current Position
Below Lower Band

Takeaway:China Petroleum & Chemical Corporation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.61
Middle Line (EMA 20)
$0.58
Lower Channel
$0.55
Squeeze Status
No Squeeze

Takeaway:China Petroleum & Chemical Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-532.21K
Money Flow Index3.72Bullish, oversold conditions signal rebound potential.
Relative Vigor Index24.15Bearish, price momentum favors sellers.

Overall Takeaway:SNPMF shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of China Petroleum & Chemical Corporation, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for China Petroleum & Chemical Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ