Shanxi Meijin Energy (000723.SZ) Technical Analysis
As of 2026-07-22, 000723.SZ last traded at 3.56 CNY (+2.01% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 3.28 CNY support below, 4.51 CNY resistance above. 14-day RSI is 56.3 (bullish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 000723.SZ in an uptrend or downtrend?
Shanxi Meijin Energy is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 3.56 CNY (+2.01%) |
|---|---|
| 20-day average | 3.41 CNY |
| 50-day average | 3.802 CNY |
| 200-day average | 4.638 CNY |
Key support and resistance levels for 000723.SZ
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 4.51 CNY | Resistance | Minor | 1 |
| 4.54 CNY | Resistance | Minor | 1 |
| 4.68 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 3.28 CNY | Support | Minor | 1 |
| 3.19 CNY | Support | Minor | 1 |
000723.SZ 52-week range, momentum and volatility
| 52-week high | 5.87 CNY (39.4% below) |
|---|---|
| 52-week low | 3.19 CNY (11.6% above) |
| 14-day RSI | 56.3 (Bullish) |
| 14-day ATR | 0.143 CNY (4.01% of price, High volatility) |
Related research pages
Frequently asked questions
Is Shanxi Meijin Energy (000723.SZ) in an uptrend or downtrend?
As of 2026-07-22, 000723.SZ is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 3.56 CNY vs 50-day average 3.802 CNY and 200-day average 4.638 CNY.
What are the key support and resistance levels for 000723.SZ?
Nearest support is around 3.28 CNY (minor, 1 touch). Nearest resistance is around 4.51 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 000723.SZ's 52-week high and low?
Over the last 52 weeks, 000723.SZ traded between 3.19 CNY and 5.87 CNY. It is currently 39.4% below its 52-week high.
Is 000723.SZ overbought or oversold?
The 14-day RSI is 56.3 — in a neutral 30–70 range. Momentum reads as bullish.
How volatile is 000723.SZ?
Its 14-day Average True Range is 0.143 (4.01% of price) — high volatility relative to price.