Sinopec Shanghai Petrochemical (0338.HK) Technical Analysis

As of 2026-07-22, 0338.HK last traded at 1.12 HKD (+1.82% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 1.11 HKD support below, 1.13 HKD resistance above. 14-day RSI is 52.2 (neutral).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is 0338.HK in an uptrend or downtrend?

Sinopec Shanghai Petrochemical is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close1.12 HKD (+1.82%)
20-day average1.104 HKD
50-day average1.163 HKD
200-day average1.335 HKD

Key support and resistance levels for 0338.HK

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
1.13 HKDResistanceMinor1
1.17 HKDResistanceMinor1
1.25 HKDResistanceMinor1
LevelTypeStrengthTouches
1.11 HKDSupportModerate2
1.07 HKDSupportStrong4

0338.HK 52-week range, momentum and volatility

52-week high1.82 HKD (38.5% below)
52-week low1.07 HKD (4.7% above)
14-day RSI52.2 (Neutral)
14-day ATR0.036 HKD (3.25% of price, Moderate volatility)

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Frequently asked questions

Is Sinopec Shanghai Petrochemical (0338.HK) in an uptrend or downtrend?

As of 2026-07-22, 0338.HK is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 1.12 HKD vs 50-day average 1.163 HKD and 200-day average 1.335 HKD.

What are the key support and resistance levels for 0338.HK?

Nearest support is around 1.11 HKD (moderate, 2 touches). Nearest resistance is around 1.13 HKD (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is 0338.HK's 52-week high and low?

Over the last 52 weeks, 0338.HK traded between 1.07 HKD and 1.82 HKD. It is currently 38.5% below its 52-week high.

Is 0338.HK overbought or oversold?

The 14-day RSI is 52.2 — in a neutral 30–70 range. Momentum reads as neutral.

How volatile is 0338.HK?

Its 14-day Average True Range is 0.036 (3.25% of price) — moderate volatility relative to price.