Xiangtan Electric Manufacturing (600416.SS) Technical Analysis
As of 2026-07-22, 600416.SS last traded at 8.46 CNY (-2.20% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 8.13 CNY support below, 11.57 CNY resistance above. 14-day RSI is 29.2 (oversold).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600416.SS in an uptrend or downtrend?
Xiangtan Electric Manufacturing is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 8.46 CNY (-2.20%) |
|---|---|
| 20-day average | 9.222 CNY |
| 50-day average | 10.477 CNY |
| 200-day average | 13.329 CNY |
Key support and resistance levels for 600416.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 11.57 CNY | Resistance | Minor | 1 |
| 12.88 CNY | Resistance | Minor | 1 |
| 13.12 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 8.13 CNY | Support | Minor | 1 |
600416.SS 52-week range, momentum and volatility
| 52-week high | 17.69 CNY (52.2% below) |
|---|---|
| 52-week low | 8.13 CNY (4.1% above) |
| 14-day RSI | 29.2 (Oversold) |
| 14-day ATR | 0.436 CNY (5.15% of price, High volatility) |
Related research pages
Frequently asked questions
Is Xiangtan Electric Manufacturing (600416.SS) in an uptrend or downtrend?
As of 2026-07-22, 600416.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 8.46 CNY vs 50-day average 10.477 CNY and 200-day average 13.329 CNY.
What are the key support and resistance levels for 600416.SS?
Nearest support is around 8.13 CNY (minor, 1 touch). Nearest resistance is around 11.57 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 600416.SS's 52-week high and low?
Over the last 52 weeks, 600416.SS traded between 8.13 CNY and 17.69 CNY. It is currently 52.2% below its 52-week high.
Is 600416.SS overbought or oversold?
The 14-day RSI is 29.2 — in oversold territory (<30). Momentum reads as oversold.
How volatile is 600416.SS?
Its 14-day Average True Range is 0.436 (5.15% of price) — high volatility relative to price.