Zhejiang Medicine (600216.SS) Technical Analysis

As of 2026-07-22, 600216.SS last traded at 12.21 CNY (-0.41% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 11.66 CNY support below, 12.26 CNY resistance above. 14-day RSI is 52.8 (neutral).

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

Is 600216.SS in an uptrend or downtrend?

Zhejiang Medicine is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close12.21 CNY (-0.41%)
20-day average12.027 CNY
50-day average12.425 CNY
200-day average14.238 CNY

Key support and resistance levels for 600216.SS

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
12.26 CNYResistanceMinor1
12.74 CNYResistanceMinor1
12.95 CNYResistanceMinor1
LevelTypeStrengthTouches
11.66 CNYSupportMinor1
11.32 CNYSupportMinor1
11.15 CNYSupportMinor1

600216.SS 52-week range, momentum and volatility

52-week high18.58 CNY (34.3% below)
52-week low10.94 CNY (11.6% above)
14-day RSI52.8 (Neutral)
14-day ATR0.489 CNY (4.01% of price, High volatility)

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Frequently asked questions

Is Zhejiang Medicine (600216.SS) in an uptrend or downtrend?

As of 2026-07-22, 600216.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 12.21 CNY vs 50-day average 12.425 CNY and 200-day average 14.238 CNY.

What are the key support and resistance levels for 600216.SS?

Nearest support is around 11.66 CNY (minor, 1 touch). Nearest resistance is around 12.26 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is 600216.SS's 52-week high and low?

Over the last 52 weeks, 600216.SS traded between 10.94 CNY and 18.58 CNY. It is currently 34.3% below its 52-week high.

Is 600216.SS overbought or oversold?

The 14-day RSI is 52.8 — in a neutral 30–70 range. Momentum reads as neutral.

How volatile is 600216.SS?

Its 14-day Average True Range is 0.489 (4.01% of price) — high volatility relative to price.