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Stock Analysis

Stock : SMIC ( 00981 )

Suggestion : $0.53 ( Buy )
Target : $0.62
Resistance : $0.56
Support : $0.5

By technical analysis, 10-day moving average is now at $0.51. It heads north as it jumps over the 10-day moving average. In the Stochastic Oscillator, %K climbs above %D as it unveils a buying signal. Analyzing the share price movement, the previous high is at $0.7 and the recent low is $0.48. Measuring from the recent low, Fibonacci 0.382 retracement is $0.564. It hopes to recoup the 0.382 retracement, and poises to resume an upward trend.









CHINA INDICES
Index Last Value %Change
Shanghai A2,764.36-0.40%
Shanghai B237.590.00%
Shenzhen A1,126.45-0.14%
Shenzhen B656.140.22%

ASIA INDICES
Index Last Value %Change
Taiwan7,760.63-0.49%
Singapore2,987.70-0.33%
NIK225 Jap9,537.30-1.64%
Australia4,507.40-0.63%

FOREX
Index Last Value Unit
YEN86.4700YEN/USD
EURO1.3052USD/EUR
GBP1.5689USD/GBP
AUD0.9042USD/AUD
CAD1.0297CAD/USD

US & EUROPE INDICES
Index Last Value %Change
DOW10,465.94-0.01%
NASDAQ2,254.700.13%
FTSE1005,258.02-1.05%
CAC3,643.14-0.24%
DAX6,147.970.22%

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