FangDa Carbon New Material (600516.SS) Technical Analysis
As of 2026-07-22, 600516.SS last traded at 5.12 CNY (-1.16% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 4.97 CNY support below, 5.62 CNY resistance above. 14-day RSI is 18.6 (oversold).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600516.SS in an uptrend or downtrend?
FangDa Carbon New Material is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 5.12 CNY (-1.16%) |
|---|---|
| 20-day average | 5.51 CNY |
| 50-day average | 5.546 CNY |
| 200-day average | 5.786 CNY |
Key support and resistance levels for 600516.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 5.62 CNY | Resistance | Minor | 1 |
| 5.76 CNY | Resistance | Minor | 1 |
| 5.9 CNY | Resistance | Moderate | 2 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 4.97 CNY | Support | Minor | 1 |
| 4.92 CNY | Support | Moderate | 2 |
600516.SS 52-week range, momentum and volatility
| 52-week high | 7.29 CNY (29.8% below) |
|---|---|
| 52-week low | 4.7 CNY (8.9% above) |
| 14-day RSI | 18.6 (Oversold) |
| 14-day ATR | 0.219 CNY (4.28% of price, High volatility) |
Related research pages
Frequently asked questions
Is FangDa Carbon New Material (600516.SS) in an uptrend or downtrend?
As of 2026-07-22, 600516.SS is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 5.12 CNY vs 50-day average 5.546 CNY and 200-day average 5.786 CNY.
What are the key support and resistance levels for 600516.SS?
Nearest support is around 4.97 CNY (minor, 1 touch). Nearest resistance is around 5.62 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 600516.SS's 52-week high and low?
Over the last 52 weeks, 600516.SS traded between 4.7 CNY and 7.29 CNY. It is currently 29.8% below its 52-week high.
Is 600516.SS overbought or oversold?
The 14-day RSI is 18.6 — in oversold territory (<30). Momentum reads as oversold.
How volatile is 600516.SS?
Its 14-day Average True Range is 0.219 (4.28% of price) — high volatility relative to price.