Shenzhen Absen Optoelectronic (300389.SZ) Technical Analysis

As of 2026-07-22, 300389.SZ last traded at 11.75 CNY (-1.09% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: no clear near support below, 13.22 CNY resistance above. 14-day RSI is 34 (bearish).

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

Is 300389.SZ in an uptrend or downtrend?

Shenzhen Absen Optoelectronic is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close11.75 CNY (-1.09%)
20-day average12.396 CNY
50-day average13.488 CNY
200-day average16.554 CNY

Key support and resistance levels for 300389.SZ

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
13.22 CNYResistanceMinor1
13.6 CNYResistanceMinor1
13.69 CNYResistanceMinor1

No clearly-defined swing levels in the current range.

300389.SZ 52-week range, momentum and volatility

52-week high22 CNY (46.6% below)
52-week low11.21 CNY (4.8% above)
14-day RSI34 (Bearish)
14-day ATR0.541 CNY (4.6% of price, High volatility)

Related research pages

Frequently asked questions

Is Shenzhen Absen Optoelectronic (300389.SZ) in an uptrend or downtrend?

As of 2026-07-22, 300389.SZ is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 11.75 CNY vs 50-day average 13.488 CNY and 200-day average 16.554 CNY.

What are the key support and resistance levels for 300389.SZ?

No clear support below price in range. Nearest resistance is around 13.22 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is 300389.SZ's 52-week high and low?

Over the last 52 weeks, 300389.SZ traded between 11.21 CNY and 22 CNY. It is currently 46.6% below its 52-week high.

Is 300389.SZ overbought or oversold?

The 14-day RSI is 34.0 — in a neutral 30–70 range. Momentum reads as bearish.

How volatile is 300389.SZ?

Its 14-day Average True Range is 0.541 (4.6% of price) — high volatility relative to price.