China Zheshang Bank (2016.HK) Technical Analysis

As of 2026-07-22, 2016.HK last traded at 2.29 HKD (-0.87% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 2.11 HKD support below, 2.48 HKD resistance above. 14-day RSI is 68.4 (bullish).

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

Is 2016.HK in an uptrend or downtrend?

China Zheshang Bank is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close2.29 HKD (-0.87%)
20-day average2.209 HKD
50-day average2.352 HKD
200-day average2.508 HKD

Key support and resistance levels for 2016.HK

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
2.48 HKDResistanceStrong3
2.51 HKDResistanceModerate2
2.56 HKDResistanceStrong5
LevelTypeStrengthTouches
2.11 HKDSupportMinor1

2016.HK 52-week range, momentum and volatility

52-week high2.98 HKD (23.2% below)
52-week low2.11 HKD (8.5% above)
14-day RSI68.4 (Bullish)
14-day ATR0.048 HKD (2.09% of price, Moderate volatility)

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Frequently asked questions

Is China Zheshang Bank (2016.HK) in an uptrend or downtrend?

As of 2026-07-22, 2016.HK is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 2.29 HKD vs 50-day average 2.352 HKD and 200-day average 2.508 HKD.

What are the key support and resistance levels for 2016.HK?

Nearest support is around 2.11 HKD (minor, 1 touch). Nearest resistance is around 2.48 HKD (strong). Levels are derived from swing pivots over the last ~200 sessions.

What is 2016.HK's 52-week high and low?

Over the last 52 weeks, 2016.HK traded between 2.11 HKD and 2.98 HKD. It is currently 23.2% below its 52-week high.

Is 2016.HK overbought or oversold?

The 14-day RSI is 68.4 — in a neutral 30–70 range. Momentum reads as bullish.

How volatile is 2016.HK?

Its 14-day Average True Range is 0.048 (2.09% of price) — moderate volatility relative to price.