Red List

600131.SSSTATE GRID INFORMATION & COMMUN

Utilities · Utilities - Renewable · large-cap ($17.3B)
-40.3%
from rolling 252-day high of 23.95 CNY set 2026-03-12 · 190d ago
Current
14.30 CNY
Decline depth
-40.3%
Decline σ
8.0σ
TFC
0/5 bearish

Where it stands

On the Red List.

Down 40.3% from its rolling 252-day high, 190 days after the high.

Snapshot . Price structure, not a judgment about the business.

What changed

Since the previous observation.

Tier and recovery signal are unchanged between these two observations.

Comparing with . This compares classification, not price returns.

See the recorded timeline →

Why it is flagged

600131.SS qualifies for the Red List on decline depth.

Down 40.3% from its rolling 252-day high, 190 days after the high. The most severe triggered rule determines the tier.

Inspect the three classification measures
Decline depth
-40.3%
From rolling 252-day high of 23.95 CNY, 190d ago. Past the 40% Red List threshold.
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
8.0σ
Drop over the last 20 bars in units of daily volatility (1.1%/day). Past the ≥8σ Red List threshold — an extreme move.

Price history

The price path behind the snapshot.

Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.

Price chart unavailable for this symbol. The snapshot and recorded classification history remain available below.

The recorded history

A timeline of observations.

First observed 2026-09-09. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.

  1. Amber List → Red List
  2. First observed: Amber List

Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.

Technical interpretation and signal details

The structural read

What price action says about 600131.SS.

600131.SS qualifies for the Red List on decline depth — down -40.3% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: decline sigma also reads 8.0σ over 20 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2U (gray), weekly 2D (red), monthly 2D (red).

Questions about 600131.SS

What people ask.

Why is 600131.SS on Broken Stocks?

600131.SS qualifies for the Red List on decline depth. It is down -40.3% from its rolling 252-day high of 23.95 CNY, set on 2026-03-12 — 190d ago.

Is 600131.SS a falling knife?

Not by the strict technical definition. 600131.SS is down -40.3% from its 52-week high, but that high was set 190d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. 600131.SS is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is 600131.SS a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is 600131.SS trading inside its 52-week range?

At 14.30 CNY, 600131.SS sits 5.9% of the way from its 52-week low (13.68 CNY) to its 52-week high (24.13 CNY). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has 600131.SS been declining?

The current 40.3% decline accrued over 190d, which annualizes to roughly -77.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does 600131.SS compare to its sector?

There are 58 other Utilities tickers on Broken Stocks: 33 Red, 16 Amber, 9 Watch, with 18 showing recovering structural signals. Median sector decline is -36.5% — 600131.SS's decline is deeper than the sector median.