601117:SSEChina National Chemical Engineering Co., Ltd Class A Analysis

At ¥7.28, China National Chemical Engineering Co., Ltd shows a bearish moving-average alignment, with shorter averages beneath longer ones. The last 30 days have lost 7.1%. Momentum indicators put RSI at 38.8 (approaching oversold) with MACD reading bearish. The recent range runs from support at ¥7.27 up to resistance at ¥7.67.
The shares look undervalued, trading on 6.8 times earnings below a sector average of 28.0. Analyst price targets sit 68.7% above the current price. The 5.45% dividend yield looks covered by current payout levels.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 17.3%, a beta of 0.04 and a maximum drawdown of 29.0%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is buy, conviction 4 out of 10.