China Fortune Land Development (600340.SS) Technical Analysis
As of 2026-07-22, 600340.SS last traded at 1.06 CNY (0.00% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 1.04 CNY support below, 1.17 CNY resistance above. 14-day RSI is 20 (oversold).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600340.SS in an uptrend or downtrend?
China Fortune Land Development is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 1.06 CNY (0.00%) |
|---|---|
| 20-day average | 1.144 CNY |
| 50-day average | 1.195 CNY |
| 200-day average | 1.734 CNY |
Key support and resistance levels for 600340.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1.17 CNY | Resistance | Minor | 1 |
| 1.19 CNY | Resistance | Minor | 1 |
| 1.26 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1.04 CNY | Support | Minor | 1 |
600340.SS 52-week range, momentum and volatility
| 52-week high | 3.64 CNY (70.9% below) |
|---|---|
| 52-week low | 1.04 CNY (1.9% above) |
| 14-day RSI | 20 (Oversold) |
| 14-day ATR | 0.051 CNY (4.78% of price, High volatility) |
Related research pages
Frequently asked questions
Is China Fortune Land Development (600340.SS) in an uptrend or downtrend?
As of 2026-07-22, 600340.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 1.06 CNY vs 50-day average 1.195 CNY and 200-day average 1.734 CNY.
What are the key support and resistance levels for 600340.SS?
Nearest support is around 1.04 CNY (minor, 1 touch). Nearest resistance is around 1.17 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 600340.SS's 52-week high and low?
Over the last 52 weeks, 600340.SS traded between 1.04 CNY and 3.64 CNY. It is currently 70.9% below its 52-week high.
Is 600340.SS overbought or oversold?
The 14-day RSI is 20.0 — in oversold territory (<30). Momentum reads as oversold.
How volatile is 600340.SS?
Its 14-day Average True Range is 0.051 (4.78% of price) — high volatility relative to price.