002490

Shandong Molong Petroleum Machinery Company Limited

CN Energy Oil & Gas Equipment & Services

Latest week
17 Jul 2026
Close
7.090000
Fair value
4.850128
Next-week expectancy
Positive 56.81%
Sharemaestro

002490 Chart Pack

Shandong Molong Petroleum Machinery Company Limited

Exchange
SHZ
Latest week
17 Jul 2026
Close
7.090000
Fair value
4.850128
Next-week expectancy
Positive 56.81%
Generated
21 Jul 2026 08:23
Sector
Energy
Industry
Oil & Gas Equipment & Services

Chart Summary

Over the latest 12 completed weeks ending 2026-07-17, 002490 fell 29.52%, moving from 10.06 to 7.09. The latest weekly close is below the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 5 of the last 12 weeks. Relative Strength is -7.34 and has softened across the 12-week window. Market Dynamics is -1.04 on the latest week. Next-week expectancy is positive at 56.81% based on similar historical setup states.

Key Points

Week Ending
17 Jul 2026
Latest Close
7.09
12-Week Change
-29.52%
Trend Signal
Inactive
Next-Week Expectancy
Positive 56.81%
Signal Weeks
5 of 12
Vs Trend Line
Below
Vs Fair Value
Above
Relative Strength
-7.34
Market Dynamics
-1.04

Weekly Price

Weekly Close Trend Line Fair Value Activity Lines

Chart Panels

Choose up to 5 panels. Drag panel headers to reorder.

Chart Summary

Key Points

Week Ending
17 Jul 2026
Latest Close
7.09
12-Week Change
-29.52%
Trend Signal
Inactive
Next-Week Expectancy
Positive 56.81%
Signal Weeks
5 of 12
Vs Trend Line
Below
Vs Fair Value
Above
Relative Strength
-7.34
Market Dynamics
-1.04

Over the latest 12 completed weeks ending 2026-07-17, 002490 fell 29.52%, moving from 10.06 to 7.09. The latest weekly close is below the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 5 of the last 12 weeks. Relative Strength is -7.34 and has softened across the 12-week window. Market Dynamics is -1.04 on the latest week. Next-week expectancy is positive at 56.81% based on similar historical setup states.

Industry Peers

China equities in Oil & Gas Equipment & Services

Stock Exchange Week Open High Low Close Change
300164 Tong Petrotech Corp. SHZ 17 Jul 2026 9.07 11.50 8.67 10.48 15.55%
600968 CNOOC Energy Technology & Services Limited SHH 17 Jul 2026 3.51 3.75 3.49 3.69 5.13%
300157 New JCM Group Co.,Ltd SHZ 17 Jul 2026 3.99 4.40 3.69 4.13 3.51%
600583 Offshore Oil Engineering Co.,Ltd SHH 17 Jul 2026 5.22 5.55 5.19 5.33 2.11%
601808 China Oilfield Services Limited SHH 17 Jul 2026 11.46 11.94 11.27 11.57 0.96%
000852 Sinopec Oilfield Equipment Corporation SHZ 17 Jul 2026 5.02 5.24 4.84 5.03 0.20%
603318 Shuifa Energas Gas Co., Ltd. SHH 17 Jul 2026 8.55 9.30 8.00 8.47 -0.94%
600339 China Petroleum Engineering Corporation SHH 17 Jul 2026 3.20 3.31 3.13 3.17 -0.94%
601798 Lanpec Technologies Limited SHH 17 Jul 2026 7.00 7.26 6.76 6.93 -1.00%
300084 Haimo Technologies Group Corp. SHZ 17 Jul 2026 11.42 11.96 11.00 11.19 -2.01%
300471 Houpu Clean Energy Group Co., Ltd. SHZ 17 Jul 2026 9.37 9.58 8.76 8.94 -4.59%
300191 Sino Geophysical Co., Ltd SHZ 17 Jul 2026 26.99 30.62 24.88 25.59 -5.19%
002554 China Oil HBP Science & Technology Co., Ltd SHZ 17 Jul 2026 3.00 3.05 2.74 2.76 -8.00%
002629 Zhejiang Renzhi Co., Ltd. SHZ 17 Jul 2026 4.59 4.62 4.14 4.22 -8.06%
603727 BOMESC Offshore Engineering Company Limited SHH 17 Jul 2026 16.43 16.60 14.44 15.09 -8.16%
301158 Dezhou United Petroleum Technology Co.,Ltd. SHZ 17 Jul 2026 14.21 14.47 12.66 12.76 -10.20%

Next-week expectancy

Next-week expectancy is a short-term historical read. It compares the latest completed-week setup with broadly similar past setups and asks whether the following week tended to close higher or lower.

It is not a trend call, a price target, or a guarantee. A positive read can appear while price is below trend or activity pressure is weak, because it is measuring short-term follow-through odds for the current setup state.

Use it as one context layer beside Trend Line, Relative Strength, Market Dynamics, Fair Value, and the visible price structure.