Ningxia Baofeng Energy Group (600989.SS) Technical Analysis
As of 2026-07-22, 600989.SS last traded at 23.72 CNY (+5.10% on the day) and is in a range on the daily timeframe — moving averages not aligned / flat. Nearest levels: 21.6 CNY support below, 24.25 CNY resistance above. 14-day RSI is 69.4 (bullish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 600989.SS in an uptrend or downtrend?
Ningxia Baofeng Energy Group is in a range — moving averages not aligned / flat.
| Last close | 23.72 CNY (+5.10%) |
|---|---|
| 20-day average | 21.218 CNY |
| 50-day average | 23.232 CNY |
| 200-day average | 22.881 CNY |
Key support and resistance levels for 600989.SS
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 24.25 CNY | Resistance | Minor | 1 |
| 24.65 CNY | Resistance | Minor | 1 |
| 29.8 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 21.6 CNY | Support | Minor | 1 |
| 20.15 CNY | Support | Minor | 1 |
| 19.6 CNY | Support | Minor | 1 |
600989.SS 52-week range, momentum and volatility
| 52-week high | 36.49 CNY (35% below) |
|---|---|
| 52-week low | 15.33 CNY (54.7% above) |
| 14-day RSI | 69.4 (Bullish) |
| 14-day ATR | 1.108 CNY (4.67% of price, High volatility) |
Related research pages
Frequently asked questions
Is Ningxia Baofeng Energy Group (600989.SS) in an uptrend or downtrend?
As of 2026-07-22, 600989.SS is in a range on the daily timeframe — moving averages not aligned / flat. Last close 23.72 CNY vs 50-day average 23.232 CNY and 200-day average 22.881 CNY.
What are the key support and resistance levels for 600989.SS?
Nearest support is around 21.6 CNY (minor, 1 touch). Nearest resistance is around 24.25 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 600989.SS's 52-week high and low?
Over the last 52 weeks, 600989.SS traded between 15.33 CNY and 36.49 CNY. It is currently 35.0% below its 52-week high.
Is 600989.SS overbought or oversold?
The 14-day RSI is 69.4 — in a neutral 30–70 range. Momentum reads as bullish.
How volatile is 600989.SS?
Its 14-day Average True Range is 1.108 (4.67% of price) — high volatility relative to price.