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SNPMF Stock Forecast & China Petroleum & Chart Analysis

This article provides a detailed analysis of SNPMF-China Petroleum & stock including a forecast for SNPMF shares. It features China Petroleum & Chemical Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SNPMF Historical Data Review

SNPMF Current Price Performance Analysis

The China Petroleum & - SNPMF stock traded on the American stock market, on 06-05-2024, closed at 0.620000004$ with no change compared to the previous day.

In the last month, the price of SNPMF changed by %5.26 increased in value, from 0.589 dollars on 05-06-2024 to 0.620000004 dollars, increased.

Last year, the price of SNPMF was 0.649 dollars on 06-06-2023, and changed by %-4.47 decreased in value, to 0.620000004 dollars decreased within a year.

The price of China Petroleum & stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

SNPMF with AI Stock Forecast & Price Target

SNPMF stock forecast China Petroleum & price target

On the SNPMF chart China Petroleum & price was recorded as 0.62 Dollars on 06/05/2024.

The artificial intelligence's forecast on SNPMF stock is as follows.

The artificial intelligence's prediction error margin for SNPMF stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for China Petroleum & stock over the next 4 months is: 0.6 Dollars.

The commentary on SNPMF stock Target Price: Highest: 0.658 Dollars is predicted.

The commentary on SNPMF stock Target Price: Lowest: 0.531 Dollars is predicted.

Resistance Price where China Petroleum & stock will Rise and Fall:

Date Price Prediction
10-08-2024 0.658
12-27-2024 0.598

Support Price where China Petroleum & stock will Fall and Rise:

Date Price Prediction
07-15-2024 0.599
12-12-2024 0.596

The commentary on SNPMF stock: The target price can generally be said to be on the decline.

The commentary on SNPMF stock: Fluctuations in the target price can be expected in the coming days.

The target price for China Petroleum & stock by the end of 2024 is predicted to be 0.598 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SNPMF stock, and the 2024 target price predictions for China Petroleum & are detailed above.

The technical analysis and charts for the commentary on SNPMF stock are below.

SNPMF Support & Resistance and Trend Analysis

SNPMF review China Petroleum & technical analysis trend chart SNPMF priceSNPMF stock support and resistance price chart

SNPMF stock you have reviewed the technical analysis support resistance charts regarding.

SNPMF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SNPMF review, the China Petroleum & support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

China Petroleum & Support and Resistance Prices:

SNPMF Support Level Price SNPMF Resistance Level Price
0.4900 0.529
0.5099 0.550
0.5290 0.579
0.5600 0.600
0.5790 0.620
0.649
0.660

SNPMF Technical Analysis: SMA, RSI, MACD

SNPMF review China Petroleum & SMA chart analysis SNPMF priceSNPMF buy or sell review China Petroleum & MACD chart analysis SNPMF price

Upon reviewing the SNPMF chart, buy and sell signals have been generated in the China Petroleum & technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for SNPMF stock are as follows:
  1. The technical analysis for China Petroleum & indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for China Petroleum & stock: Click here to read more predictions on CP ALL Public stock.

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