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China Shineway Parmaceutical Group Ltd (2877.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 29 Jun 2017Bearish EngulfingBearish EngulfingFri, 16 Jun 20171.8%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
7.23 0.00 (0%) Nov 01 5:08am HKT
Open: 7.290 Range: 7.210 - 7.320 Vol: 407K Avg Vol: 754.09K
EPS: 0.79 P/E ratio: 9.73 EBITDA: 111.34M Mkt Cap: 6.35B
Analyze "2877.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 7.87
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 8.27
Last Trade is below the 50 day moving average at 8.75
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 8.48
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 2877.HK

Stock Trend Analysis - Buy, Sell or Hold "China Shineway Parmaceutical Group Ltd" (2877.HK)?

2877.HK is in a long term downtrend and it has traded about 55% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 754.1K shares changing hands. The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is however showing some signs of weakness as 2877.HK has been trading below its 20 SMA for 75% of the time in the last 8 weeks. As 2877.HK is in a downtrend characterized by the 200 SMA, currently at 8.48, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "2877.HK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 29 Jun 2017
Hong Kong Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance