SHH · EQUITY · ENHANCED MARKET DYNAMICS

600694

Dashang Co., Ltd.

CN · Consumer Cyclical · Department Stores

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EMD SCORE63/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89/100 evidence quality6/6 sources available

Completed week: 9 Oct 2026
Latest close: CNY 14.80
Evidence: 156 weeks

Four-week EMD change+41.2 pts

signed chart scale −100 to +100

Four-week price+4.6%

completed closing prices

Current directional run2 weeks

on the same side of EMD zero

Recent consistency4/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive · 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.

29 Sep 2023–9 Oct 2026

Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation

Confirmation markers describe price-zone departures within this saved history. Earlier markers can change as the history changes; they are not a record of signals available in real time.

Cycle position 65%Current EMD +25.54-week EMD change +41.2Full saved history price range CNY 9.74–20.49

View chart values · 156 observations

Week	Close · CNY	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-09-29	11.43	-5.07	47	0	83
2023-10-13	11.11	-14.76	43	20	83
2023-10-20	10.75	-18.84	41	20	83
2023-10-27	10.98	-3.83	48	20	100
2023-11-03	10.70	-32.17	34	60	100
2023-11-10	10.78	-17.63	41	50	100
2023-11-17	10.90	-8.23	46	0	100
2023-11-24	11.08	-5.56	47	20	100
2023-12-01	11.05	-6.88	47	20	100
2023-12-08	10.74	-20.49	40	50	100
2023-12-15	11.10	1.69	51	33	100
2023-12-22	10.63	-15.97	42	33	100
2023-12-29	10.69	-9.13	45	0	100
2024-01-05	11.09	3.23	52	20	100
2024-01-12	11.29	6.55	53	50	100
2024-01-19	10.94	2.67	51	20	100
2024-01-26	11.00	17.05	59	67	100
2024-02-02	9.74	-18.08	41	33	100
2024-02-09	10.15	-6.74	47	20	100
2024-02-23	10.29	-19.85	40	60	100
2024-03-01	10.10	-32.59	34	67	100
2024-03-08	10.13	-22.32	39	20	100
2024-03-15	10.48	-13.66	43	0	100
2024-03-22	10.74	-11.13	44	20	100
2024-03-29	10.90	-0.83	50	20	100
2024-04-05	11.52	24.17	62	100	100
2024-04-12	11.98	42.08	71	100	100
2024-04-19	12.06	45.84	73	100	100
2024-04-26	12.33	62.37	81	100	100
2024-05-03	12.93	70.82	85	100	100
2024-05-10	13.33	70.56	85	100	100
2024-05-17	13.19	56.18	78	67	100
2024-05-24	12.90	56.05	78	67	100
2024-05-31	12.86	67.05	84	100	100
2024-06-07	12.41	50.78	75	67	100
2024-06-14	12.70	62.41	81	100	100
2024-06-21	12.29	46.89	73	67	100
2024-06-28	12.40	54.58	77	100	100
2024-07-05	12.77	55.92	78	100	100
2024-07-12	12.39	35.88	68	60	100
2024-07-19	12.04	27.24	64	60	100
2024-07-26	11.74	21.17	61	50	100
2024-08-02	11.71	14.45	57	20	100
2024-08-09	11.96	22.67	61	50	100
2024-08-16	11.68	10.76	55	20	100
2024-08-23	11.21	-7.63	46	33	100
2024-08-30	11.44	-0.45	50	0	100
2024-09-06	11.66	3.84	52	0	100
2024-09-13	10.84	-15.78	42	33	100
2024-09-20	11.18	-0.77	50	20	100
2024-09-27	13.15	39.3	70	67	100
2024-10-04	14.08	41.32	71	100	100
2024-10-11	14.03	47.89	74	67	100
2024-10-18	13.37	46.27	73	67	100
2024-10-25	13.52	58.17	79	100	100
2024-11-01	13.45	41.79	71	67	100
2024-11-08	14.63	70.95	85	100	100
2024-11-15	13.91	47.38	74	67	100
2024-11-22	14.45	53.41	77	67	100
2024-11-29	16.20	81.67	91	100	100
2024-12-06	15.90	53.05	77	67	100
2024-12-13	20.49	89.48	95	100	100
2024-12-20	17.45	56.8	78	67	100
2024-12-27	19.16	86.5	93	100	100
2025-01-03	18.10	61.81	81	67	100
2025-01-10	16.94	51.98	76	67	100
2025-01-17	17.67	71.35	86	100	100
2025-01-24	19.19	71.59	86	100	100
2025-01-31	19.46	71.01	86	100	100
2025-02-07	18.21	67.86	84	100	100
2025-02-14	18.81	60.89	80	67	100
2025-02-21	17.12	46.11	73	67	100
2025-02-28	17.87	53.61	77	100	100
2025-03-07	18.42	49.53	75	67	100
2025-03-14	18.88	51.26	76	100	100
2025-03-21	18.19	43.66	72	60	100
2025-03-28	17.85	37.16	69	60	100
2025-04-04	18.29	41.55	71	60	100
2025-04-11	19.18	56.3	78	100	100
2025-04-18	18.80	41.09	71	60	100
2025-04-25	19.33	56.09	78	100	100
2025-05-02	18.46	39.85	70	67	100
2025-05-09	18.71	43.56	72	100	100
2025-05-16	18.15	23.46	62	20	100
2025-05-23	17.63	12.56	56	20	100
2025-05-30	17.40	13.2	57	50	100
2025-06-06	17.46	-1.92	49	20	100
2025-06-13	16.45	-22.21	39	60	100
2025-06-20	15.54	-31.2	34	67	100
2025-06-27	16.07	-18.55	41	33	100
2025-07-04	16.05	-21.28	39	33	100
2025-07-11	16.32	-17.11	41	20	100
2025-07-18	16.12	-23.47	38	50	100
2025-07-25	16.96	-11.68	44	20	100
2025-08-01	16.51	-27.94	36	60	100
2025-08-08	16.89	-18.62	41	50	100
2025-08-15	16.87	-22.83	39	60	100
2025-08-22	17.10	-19.99	40	50	100
2025-08-29	16.23	-33.84	33	60	100
2025-09-05	16.20	-25.4	37	60	100
2025-09-12	16.11	-30.2	35	50	100
2025-09-19	15.72	-32.22	34	67	100
2025-09-26	15.03	-37.58	31	67	100
2025-10-03	15.11	-34.17	33	60	100
2025-10-10	15.14	-36.04	32	60	100
2025-10-17	14.92	-37.71	31	60	100
2025-10-24	15.11	-34.13	33	50	100
2025-10-31	14.97	-38.19	31	60	100
2025-11-07	15.41	-28.0	36	20	100
2025-11-14	15.63	-28.79	36	50	100
2025-11-21	14.79	-44.02	28	67	100
2025-11-28	15.04	-27.74	36	20	100
2025-12-05	14.68	-42.03	29	67	100
2025-12-12	14.99	-40.37	30	67	100
2025-12-19	16.29	1.47	51	0	100
2025-12-26	15.65	-18.24	41	20	100
2026-01-02	15.25	-13.87	43	0	100
2026-01-09	15.51	-4.03	48	33	100
2026-01-16	16.07	-7.24	46	0	100
2026-01-23	16.37	3.61	52	50	100
2026-01-30	15.48	-9.4	45	0	100
2026-02-06	15.59	-3.62	48	20	100
2026-02-13	15.14	-17.49	41	33	100
2026-02-27	15.43	-10.59	45	0	100
2026-03-06	14.95	-19.33	40	33	100
2026-03-13	15.06	-19.19	40	50	100
2026-03-20	14.56	-29.29	35	60	100
2026-03-27	14.03	-35.73	32	60	100
2026-04-03	13.93	-38.45	31	60	100
2026-04-10	14.18	-34.87	33	60	100
2026-04-17	14.45	-26.21	37	20	100
2026-04-24	15.34	-8.53	46	0	100
2026-05-01	15.48	-7.87	46	0	100
2026-05-08	15.29	-13.57	43	33	100
2026-05-15	15.29	-11.21	44	0	100
2026-05-22	14.87	-12.1	44	0	100
2026-05-29	15.06	-5.17	47	20	100
2026-06-05	14.64	-11.31	44	0	100
2026-06-12	14.66	-12.78	44	33	100
2026-06-19	14.12	-26.23	37	50	100
2026-06-26	13.33	-33.66	33	60	100
2026-07-03	14.15	-18.66	41	20	100
2026-07-10	14.04	-24.73	38	50	100
2026-07-17	14.62	-7.23	46	0	100
2026-07-24	14.03	-20.92	40	60	100
2026-07-31	14.71	-3.14	48	20	100
2026-08-07	14.43	-15.64	42	50	100
2026-08-14	14.28	-18.66	41	50	100
2026-08-21	14.36	-14.79	43	60	100
2026-08-28	14.56	-5.96	47	20	100
2026-09-04	14.90	8.6	54	50	100
2026-09-11	14.15	-15.66	42	20	100
2026-09-18	14.42	5.53	53	20	100
2026-09-25	14.34	-5.65	47	20	100
2026-10-02	14.40	6.39	53	50	100
2026-10-09	14.80	25.49	63	67	100

SIX SOURCES · LAST 26 OBSERVATIONS

Is support broadening or thinning?

Green is supportive, rose is cautious.
Grey means the reading is unavailable.

Reading	17 Apr	24 Apr	1 May	8 May	15 May	22 May	29 May	5 Jun	12 Jun	19 Jun	26 Jun	3 Jul	10 Jul	17 Jul	24 Jul	31 Jul	7 Aug	14 Aug	21 Aug	28 Aug	4 Sep	11 Sep	18 Sep	25 Sep	2 Oct	9 Oct
Trend	16	38	41	36	36	25	30	20	21	11	4	13	11	23	12	29	22	19	23	29	39	21	28	27	29	40
Momentum	44	60	61	63	61	47	48	46	46	45	38	51	47	61	55	56	54	44	54	48	60	49	56	56	49	64
Underlying pressure	18	23	33	43	58	60	62	59	51	46	33	32	29	31	33	34	34	31	35	40	53	62	68	70	68	71
Price & volume	57	71	56	38	25	45	61	51	55	35	45	57	51	45	39	63	46	51	42	61	67	13	67	22	66	83
Relative strength	6	14	16	12	16	13	19	17	19	10	7	15	16	51	31	49	33	32	38	40	53	37	43	45	52	66
Modeled Trend	58	58	59	58	59	60	61	61	61	61	60	60	59	59	58	58	57	58	58	58	58	58	59	59	59	60

Each cell is a finished component score from 0–100. Components can disagree even when the combined reading stays positive.

STRONGEST CURRENT SOURCE

Price & volume

83/100

LEAST SUPPORTIVE SOURCE

Trend

40/100

WHAT WOULD CHANGE THE READ?

Three paths to keep in view

Conditional research scenarios.
No assumed price target or timing.

Continuation

Price and evidence stay together

Look for the current direction to hold across trend, pressure and relative strength. A rising price with weaker EMD is a less convincing continuation.

Change of direction

Watch for loss of support

If price keeps rising while EMD falls, inspect which readings are weakening. Broad deterioration matters more than a single soft week.

Cycle context

A range extreme is a location

An upper zone can persist during a strong advance; a lower zone can persist during a decline. Use departures, EMD direction and the related price charts together.

EARLIER COMPARABLE READINGS

What followed similar conditions?

Same ticker · similar score and direction of change.
Returns exclude costs and dividends.

4 WEEKS LATER+2.8%

Median price return · 3 non-overlapping examples

Observed range: -3.4% to +20.5%
Positive returns: 67%
All-period comparison: -0.9% median

13 WEEKS LATER

Too few comparisons

1 non-overlapping example. At least three are needed to display a summary.

How these comparisons are selected

Earlier observations must have the same constructive/fading/repair/deterioration condition, a score within ten points of today’s score and at least the same component coverage. The first 30 observations are omitted for warm-up; examples are spaced by the forward horizon to avoid overlap. Gapped return windows are excluded. The all-period comparison uses the same available history and spacing, without matching the current state. These are reconstructed observations, not a point-in-time strategy backtest or a forecast.

RECENT CYCLE HISTORY

How the current reading developed

23 May 2025Down-cycle confirmedCNY 17.63

12 Jul 2024Down-cycle confirmedCNY 12.39

21 Jun 2024Down-cycle confirmedCNY 12.29

5 Apr 2024Upper cycle zone confirmedCNY 11.52

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Cycle states use trailing completed-week observations.

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

Upper zone

Price establishes residence near the top of its long-cycle range. A high range position can persist. Watch EMD for exhaustion and loss of support before interpreting it as a turn.

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS