Hengli Petrochemical (600346.SS) Technical Analysis
As of 2026-07-22, 600346.SS last traded at 16.4 CNY (+4.86% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 16.155 CNY support below, 17.88 CNY resistance above. 14-day RSI is 41.2 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600346.SS in an uptrend or downtrend?
Hengli Petrochemical is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 16.4 CNY (+4.86%) |
|---|---|
| 20-day average | 16.726 CNY |
| 50-day average | 17.675 CNY |
| 200-day average | 20.392 CNY |
Key support and resistance levels for 600346.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 17.88 CNY | Resistance | Minor | 1 |
| 19.15 CNY | Resistance | Minor | 1 |
| 19.31 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 16.155 CNY | Support | Moderate | 2 |
| 15.98 CNY | Support | Minor | 1 |
600346.SS 52-week range, momentum and volatility
| 52-week high | 27.26 CNY (39.8% below) |
|---|---|
| 52-week low | 13.85 CNY (18.4% above) |
| 14-day RSI | 41.2 (Bearish) |
| 14-day ATR | 0.951 CNY (5.8% of price, High volatility) |
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Frequently asked questions
Is Hengli Petrochemical (600346.SS) in an uptrend or downtrend?
As of 2026-07-22, 600346.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 16.4 CNY vs 50-day average 17.675 CNY and 200-day average 20.392 CNY.
What are the key support and resistance levels for 600346.SS?
Nearest support is around 16.155 CNY (moderate, 2 touches). Nearest resistance is around 17.88 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 600346.SS's 52-week high and low?
Over the last 52 weeks, 600346.SS traded between 13.85 CNY and 27.26 CNY. It is currently 39.8% below its 52-week high.
Is 600346.SS overbought or oversold?
The 14-day RSI is 41.2 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is 600346.SS?
Its 14-day Average True Range is 0.951 (5.8% of price) — high volatility relative to price.