Sinopec Shanghai Petrochemical (SHI) Shares Cross Below 200 DMA

In trading on Monday, shares of Sinopec Shanghai Petrochemical Co., Ltd. (SHI) crossed below their 200 day moving average of $25.80, changing hands as low as $25.67 per share. Sinopec Shanghai Petrochemical Co., Ltd. shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of SHI shares, versus its 200 day moving average:

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Sinopec Shanghai Petrochemical Co., Ltd. 200 Day Moving Average Chart

Looking at the chart above, SHI's low point in its 52 week range is $19.13 per share, with $31.50 as the 52 week high point — that compares with a last trade of $25.80.

According to the ETF Finder at ETF Channel, SHI makes up 1.82% of the Vanguard FTSE Emerging Markets ETF ( VWO) which is trading higher by about 1.2% on the day Monday.

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