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China Petroleum & Chemical Corporation

SNPMF•PNK
Energy
Oil & Gas Integrated
$0.60
$-0.04(-6.14%)
U.S. Market opens in 14h 17m

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

Live technical indicators, trading signals, and momentum insights for China Petroleum & Chemical Corporation (PNK:SNPMF).

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: 40.79)
Trend Strength:Weak (ADX: 18.47)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.61 – $0.71 (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): 40.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.59

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.32

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.20

Strongly Bearish
Sharp downside momentum.

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: 18.47

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -107.84

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
$0.71
Middle Band (SMA 20)
$0.66
Lower Band
$0.61
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
$0.70
Middle Line (EMA 20)
$0.65
Lower Channel
$0.60
Squeeze Status
No Squeeze

Takeaway:China Petroleum & Chemical Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume836.52K
Money Flow Index35.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.21Bearish, price momentum favors sellers.

Overall Takeaway:SNPMF shows bearish money flow, with sellers dominating volume and vigor.

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

MACD below signal line → short-term caution on momentum.

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