Lingyuan Iron & Steel (600231.SS) Technical Analysis
As of 2026-07-22, 600231.SS last traded at 1.62 CNY (+0.62% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 1.57 CNY support below, 1.715 CNY resistance above. 14-day RSI is 48.9 (neutral).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600231.SS in an uptrend or downtrend?
Lingyuan Iron & Steel is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 1.62 CNY (+0.62%) |
|---|---|
| 20-day average | 1.623 CNY |
| 50-day average | 1.825 CNY |
| 200-day average | 2.124 CNY |
Key support and resistance levels for 600231.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1.715 CNY | Resistance | Moderate | 2 |
| 1.94 CNY | Resistance | Minor | 1 |
| 2.07 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1.57 CNY | Support | Minor | 1 |
| 1.51 CNY | Support | Minor | 1 |
600231.SS 52-week range, momentum and volatility
| 52-week high | 2.65 CNY (38.9% below) |
|---|---|
| 52-week low | 1.51 CNY (7.3% above) |
| 14-day RSI | 48.9 (Neutral) |
| 14-day ATR | 0.077 CNY (4.76% of price, High volatility) |
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Frequently asked questions
Is Lingyuan Iron & Steel (600231.SS) in an uptrend or downtrend?
As of 2026-07-22, 600231.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 1.62 CNY vs 50-day average 1.825 CNY and 200-day average 2.124 CNY.
What are the key support and resistance levels for 600231.SS?
Nearest support is around 1.57 CNY (minor, 1 touch). Nearest resistance is around 1.715 CNY (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is 600231.SS's 52-week high and low?
Over the last 52 weeks, 600231.SS traded between 1.51 CNY and 2.65 CNY. It is currently 38.9% below its 52-week high.
Is 600231.SS overbought or oversold?
The 14-day RSI is 48.9 — in a neutral 30–70 range. Momentum reads as neutral.
How volatile is 600231.SS?
Its 14-day Average True Range is 0.077 (4.76% of price) — high volatility relative to price.