China Petroleum & Chemical Corp Enters Oversold Territory – Tale of the Tape

Zacks

China Petroleum & Chemical Corp ’s (SNP) share price has entered into oversold territory with an RSI value of 29.43. The Zacks Consensus Estimate on China Petroleum & Chemical Corp’s earnings for the full year period have moved higher by 14 cents over the past two months to $13.21 per share. Currently, China Petroleum & Chemical Corp is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (SNP) after its recent drop.

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