Shanghai Datun Energy Resources (600508.SS) Technical Analysis
As of 2026-07-22, 600508.SS last traded at 8.49 CNY (+0.47% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 8.42 CNY support below, 8.71 CNY resistance above. 14-day RSI is 67 (bullish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600508.SS in an uptrend or downtrend?
Shanghai Datun Energy Resources is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 8.49 CNY (+0.47%) |
|---|---|
| 20-day average | 8.073 CNY |
| 50-day average | 8.892 CNY |
| 200-day average | 9.113 CNY |
Key support and resistance levels for 600508.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 8.71 CNY | Resistance | Moderate | 2 |
| 8.975 CNY | Resistance | Moderate | 2 |
| 9.39 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 8.42 CNY | Support | Moderate | 2 |
| 7.86 CNY | Support | Minor | 1 |
| 7.3 CNY | Support | Minor | 1 |
600508.SS 52-week range, momentum and volatility
| 52-week high | 11.01 CNY (22.9% below) |
|---|---|
| 52-week low | 7.3 CNY (16.3% above) |
| 14-day RSI | 67 (Bullish) |
| 14-day ATR | 0.3 CNY (3.53% of price, High volatility) |
Related research pages
Frequently asked questions
Is Shanghai Datun Energy Resources (600508.SS) in an uptrend or downtrend?
As of 2026-07-22, 600508.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 8.49 CNY vs 50-day average 8.892 CNY and 200-day average 9.113 CNY.
What are the key support and resistance levels for 600508.SS?
Nearest support is around 8.42 CNY (moderate, 2 touches). Nearest resistance is around 8.71 CNY (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is 600508.SS's 52-week high and low?
Over the last 52 weeks, 600508.SS traded between 7.3 CNY and 11.01 CNY. It is currently 22.9% below its 52-week high.
Is 600508.SS overbought or oversold?
The 14-day RSI is 67.0 — in a neutral 30–70 range. Momentum reads as bullish.
How volatile is 600508.SS?
Its 14-day Average True Range is 0.3 (3.53% of price) — high volatility relative to price.