SNGP Sui Northern Gas Pipelines Short Term Analysis 14th March 2018

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Under Pressure

Our Pivot: 119.20

Our Preference: Short sell SNGP below 117.30 with strict stop loss of 119.20 and profit target of 114.40  and 111.90 on short term basis.

Alternate Scenario: Upward penetration of 119.20 would call for 121 and 122.25.

NOTE: SNGP is caged in a triangle and right now its moving downward after retesting its resistant trend line of said triangle and its being pushed back by a horizontal resistance. Hourly Stochastic and MAORSI are in also bearish mode.

Hourly Chart with Supports and Resistances:

SNGP 13
Overview
Quick Snapshot
Free Float

285,397,499

O/S Shares

634,216,666

Market Cap. (m)

0.00

Var Value

14.50

Hair Cut

17.50

Last Price

24.97

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports24.1823.3922.93
Resistances25.4325.8926.68
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
1.28
4.03
QTD Price Return
1.28
4.03
3M Price Return
-1.28
-3.73
6M Price Return
-7.98
-19.46
9M Price Return
-16.23
-32.95
YTD Price Return
-0.73
-2.16
1Y Price Return
-7.88
-19.27
3Y Price Return
-42.53
-56.29
5Y Price Return
-95.48
-74.30


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