300724:SZSEShenzhen S.C New Energy Technology Corp. Class A Analysis

At ¥50.84, Shenzhen S.C New Energy Technology Corporation shows a bearish moving-average alignment, with shorter averages beneath longer ones. Across the trailing 30 sessions it lost 13.0%. Relative strength is 32.4 — approaching oversold — and the MACD signal is bearish. Price has been bracketed by support at ¥50.13 and resistance at ¥65.55.
The shares look undervalued, trading on 15.2 times earnings below a sector average of 27.6. Analyst price targets sit 34.8% above the current price. Revenue is contracting at 71.2% on a 11.8% profit margin. The 2.36% dividend yield looks covered by current payout levels.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 45.0%, a beta of 0.90 and a maximum drawdown of 65.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 91 on the fear-greed composite.
The horizons line up on hold — conviction 3 out of 10.