SHZ ยท EQUITY ยท ENHANCED MARKET DYNAMICS

001270

Zhejiang Chengchang Technology Co., Ltd.

CN ยท Technology ยท Semiconductors

EMD SCORE36/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
4 Sep 2026
Latest close
CNY 96.11
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
25 Aug 2023โ€“4 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท CNY +100+500-50-100 174.7096.3017.89 25 Aug 2023 ยท EMD 44/100 ยท close 59.46 1 Sep 2023 ยท EMD 58/100 ยท close 66.20 8 Sep 2023 ยท EMD 67/100 ยท close 72.51 15 Sep 2023 ยท EMD 58/100 ยท close 66.61 22 Sep 2023 ยท EMD 54/100 ยท close 62.42 29 Sep 2023 ยท EMD 53/100 ยท close 63.31 13 Oct 2023 ยท EMD 42/100 ยท close 61.00 20 Oct 2023 ยท EMD 45/100 ยท close 61.16 27 Oct 2023 ยท EMD 60/100 ยท close 66.73 3 Nov 2023 ยท EMD 51/100 ยท close 64.00 10 Nov 2023 ยท EMD 58/100 ยท close 65.82 17 Nov 2023 ยท EMD 67/100 ยท close 67.58 24 Nov 2023 ยท EMD 45/100 ยท close 60.64 1 Dec 2023 ยท EMD 50/100 ยท close 61.38 8 Dec 2023 ยท EMD 44/100 ยท close 59.34 15 Dec 2023 ยท EMD 33/100 ยท close 55.02 22 Dec 2023 ยท EMD 27/100 ยท close 47.43 29 Dec 2023 ยท EMD 32/100 ยท close 47.94 5 Jan 2024 ยท EMD 26/100 ยท close 46.68 12 Jan 2024 ยท EMD 27/100 ยท close 44.64 19 Jan 2024 ยท EMD 25/100 ยท close 40.90 26 Jan 2024 ยท EMD 25/100 ยท close 38.76 2 Feb 2024 ยท EMD 23/100 ยท close 31.72 9 Feb 2024 ยท EMD 32/100 ยท close 35.10 23 Feb 2024 ยท EMD 33/100 ยท close 38.84 1 Mar 2024 ยท EMD 38/100 ยท close 42.59 8 Mar 2024 ยท EMD 33/100 ยท close 42.36 15 Mar 2024 ยท EMD 38/100 ยท close 44.85 22 Mar 2024 ยท EMD 35/100 ยท close 45.02 29 Mar 2024 ยท EMD 37/100 ยท close 43.08 5 Apr 2024 ยท EMD 36/100 ยท close 43.24 12 Apr 2024 ยท EMD 31/100 ยท close 39.07 19 Apr 2024 ยท EMD 32/100 ยท close 36.98 26 Apr 2024 ยท EMD 38/100 ยท close 38.96 3 May 2024 ยท EMD 34/100 ยท close 40.25 10 May 2024 ยท EMD 40/100 ยท close 41.46 17 May 2024 ยท EMD 41/100 ยท close 39.37 24 May 2024 ยท EMD 35/100 ยท close 38.71 31 May 2024 ยท EMD 44/100 ยท close 41.78 7 Jun 2024 ยท EMD 31/100 ยท close 38.55 14 Jun 2024 ยท EMD 40/100 ยท close 40.13 21 Jun 2024 ยท EMD 36/100 ยท close 38.90 28 Jun 2024 ยท EMD 33/100 ยท close 36.67 5 Jul 2024 ยท EMD 29/100 ยท close 32.14 12 Jul 2024 ยท EMD 27/100 ยท close 30.02 19 Jul 2024 ยท EMD 33/100 ยท close 31.62 26 Jul 2024 ยท EMD 35/100 ยท close 34.37 2 Aug 2024 ยท EMD 36/100 ยท close 35.38 9 Aug 2024 ยท EMD 29/100 ยท close 33.65 16 Aug 2024 ยท EMD 30/100 ยท close 31.37 23 Aug 2024 ยท EMD 27/100 ยท close 29.64 30 Aug 2024 ยท EMD 31/100 ยท close 29.93 6 Sep 2024 ยท EMD 25/100 ยท close 28.50 13 Sep 2024 ยท EMD 24/100 ยท close 26.97 20 Sep 2024 ยท EMD 28/100 ยท close 27.47 27 Sep 2024 ยท EMD 38/100 ยท close 32.28 4 Oct 2024 ยท EMD 44/100 ยท close 35.51 11 Oct 2024 ยท EMD 40/100 ยท close 34.31 18 Oct 2024 ยท EMD 59/100 ยท close 39.53 25 Oct 2024 ยท EMD 55/100 ยท close 40.89 1 Nov 2024 ยท EMD 53/100 ยท close 40.36 8 Nov 2024 ยท EMD 80/100 ยท close 51.85 15 Nov 2024 ยท EMD 59/100 ยท close 44.38 22 Nov 2024 ยท EMD 69/100 ยท close 43.81 29 Nov 2024 ยท EMD 85/100 ยท close 48.33 6 Dec 2024 ยท EMD 69/100 ยท close 45.65 13 Dec 2024 ยท EMD 70/100 ยท close 44.32 20 Dec 2024 ยท EMD 69/100 ยท close 42.40 27 Dec 2024 ยท EMD 62/100 ยท close 40.21 3 Jan 2025 ยท EMD 48/100 ยท close 34.76 10 Jan 2025 ยท EMD 46/100 ยท close 33.95 17 Jan 2025 ยท EMD 43/100 ยท close 35.82 24 Jan 2025 ยท EMD 28/100 ยท close 26.29 31 Jan 2025 ยท EMD 32/100 ยท close 27.11 7 Feb 2025 ยท EMD 34/100 ยท close 28.51 14 Feb 2025 ยท EMD 29/100 ยท close 29.66 21 Feb 2025 ยท EMD 41/100 ยท close 31.17 28 Feb 2025 ยท EMD 32/100 ยท close 30.49 7 Mar 2025 ยท EMD 39/100 ยท close 32.13 14 Mar 2025 ยท EMD 42/100 ยท close 34.40 21 Mar 2025 ยท EMD 32/100 ยท close 31.67 28 Mar 2025 ยท EMD 28/100 ยท close 28.93 4 Apr 2025 ยท EMD 31/100 ยท close 29.37 11 Apr 2025 ยท EMD 45/100 ยท close 34.32 18 Apr 2025 ยท EMD 32/100 ยท close 30.92 25 Apr 2025 ยท EMD 47/100 ยท close 32.67 2 May 2025 ยท EMD 48/100 ยท close 33.66 9 May 2025 ยท EMD 59/100 ยท close 37.03 16 May 2025 ยท EMD 56/100 ยท close 36.68 23 May 2025 ยท EMD 51/100 ยท close 35.41 30 May 2025 ยท EMD 52/100 ยท close 34.76 6 Jun 2025 ยท EMD 52/100 ยท close 35.47 13 Jun 2025 ยท EMD 48/100 ยท close 34.73 20 Jun 2025 ยท EMD 48/100 ยท close 33.98 27 Jun 2025 ยท EMD 60/100 ยท close 36.06 4 Jul 2025 ยท EMD 71/100 ยท close 39.18 11 Jul 2025 ยท EMD 70/100 ยท close 38.97 18 Jul 2025 ยท EMD 74/100 ยท close 39.37 25 Jul 2025 ยท EMD 78/100 ยท close 39.23 1 Aug 2025 ยท EMD 79/100 ยท close 40.14 8 Aug 2025 ยท EMD 86/100 ยท close 43.04 15 Aug 2025 ยท EMD 77/100 ยท close 43.30 22 Aug 2025 ยท EMD 80/100 ยท close 43.25 29 Aug 2025 ยท EMD 89/100 ยท close 47.17 5 Sep 2025 ยท EMD 71/100 ยท close 43.34 12 Sep 2025 ยท EMD 79/100 ยท close 44.69 19 Sep 2025 ยท EMD 67/100 ยท close 43.06 26 Sep 2025 ยท EMD 61/100 ยท close 41.19 3 Oct 2025 ยท EMD 66/100 ยท close 43.09 10 Oct 2025 ยท EMD 65/100 ยท close 43.78 17 Oct 2025 ยท EMD 66/100 ยท close 43.89 24 Oct 2025 ยท EMD 76/100 ยท close 46.93 31 Oct 2025 ยท EMD 67/100 ยท close 45.61 7 Nov 2025 ยท EMD 72/100 ยท close 45.72 14 Nov 2025 ยท EMD 65/100 ยท close 44.85 21 Nov 2025 ยท EMD 55/100 ยท close 41.89 28 Nov 2025 ยท EMD 63/100 ยท close 44.28 5 Dec 2025 ยท EMD 80/100 ยท close 49.04 12 Dec 2025 ยท EMD 91/100 ยท close 61.13 19 Dec 2025 ยท EMD 87/100 ยท close 70.58 26 Dec 2025 ยท EMD 97/100 ยท close 80.19 2 Jan 2026 ยท EMD 96/100 ยท close 91.54 9 Jan 2026 ยท EMD 92/100 ยท close 116.83 16 Jan 2026 ยท EMD 91/100 ยท close 128.80 23 Jan 2026 ยท EMD 94/100 ยท close 136.02 30 Jan 2026 ยท EMD 92/100 ยท close 157.07 6 Feb 2026 ยท EMD 81/100 ยท close 135.47 13 Feb 2026 ยท EMD 82/100 ยท close 126.83 27 Feb 2026 ยท EMD 88/100 ยท close 138.86 6 Mar 2026 ยท EMD 77/100 ยท close 120.22 13 Mar 2026 ยท EMD 76/100 ยท close 111.75 20 Mar 2026 ยท EMD 75/100 ยท close 107.92 27 Mar 2026 ยท EMD 78/100 ยท close 103.66 3 Apr 2026 ยท EMD 78/100 ยท close 113.42 10 Apr 2026 ยท EMD 81/100 ยท close 122.81 17 Apr 2026 ยท EMD 80/100 ยท close 135.81 24 Apr 2026 ยท EMD 83/100 ยท close 153.79 1 May 2026 ยท EMD 79/100 ยท close 140.15 8 May 2026 ยท EMD 81/100 ยท close 156.55 15 May 2026 ยท EMD 74/100 ยท close 144.80 22 May 2026 ยท EMD 76/100 ยท close 143.20 29 May 2026 ยท EMD 75/100 ยท close 145.80 5 Jun 2026 ยท EMD 76/100 ยท close 137.61 12 Jun 2026 ยท EMD 73/100 ยท close 125.65 19 Jun 2026 ยท EMD 77/100 ยท close 134.28 26 Jun 2026 ยท EMD 73/100 ยท close 139.43 3 Jul 2026 ยท EMD 77/100 ยท close 163.32 10 Jul 2026 ยท EMD 81/100 ยท close 166.30 17 Jul 2026 ยท EMD 56/100 ยท close 109.94 24 Jul 2026 ยท EMD 46/100 ยท close 96.67 31 Jul 2026 ยท EMD 41/100 ยท close 92.56 7 Aug 2026 ยท EMD 54/100 ยท close 118.38 14 Aug 2026 ยท EMD 54/100 ยท close 117.80 21 Aug 2026 ยท EMD 44/100 ยท close 103.90 28 Aug 2026 ยท EMD 45/100 ยท close 99.70 4 Sep 2026 ยท EMD 36/100 ยท close 96.11 23 Feb 2024 ยท Up-cycle confirmed ยท close 38.84 26 Apr 2024 ยท Up-cycle confirmed ยท close 38.96 18 Oct 2024 ยท Up-cycle confirmed ยท close 39.53 4 Jul 2025 ยท Up-cycle confirmed ยท close 39.18 6 Feb 2026 ยท Down-cycle confirmed ยท close 135.47 15 May 2026 ยท Down-cycle confirmed ยท close 144.80 17 Jul 2026 ยท Down-cycle confirmed ยท close 109.94 25 Aug 20237 Mar 20254 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 82%Current EMD -27.44-week EMD change -34.8156-week price range CNY 26.29โ€“166.30

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

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

02

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.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

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

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

17/100-1.14

Cautious pressure beneath price
4-week change +0.24

02

Trend and deviation

0/100-24.2% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

27/1004w -18.8% ยท 13w -30.2%

Momentum is applying downside pressure
SMI 0.41

04

Price-volume pressure

34/10034% constructive pressure

Volume is leaning against the close
Volume ratio 1.00x

05

Relative leadership

52/1000.59

Leadership is supportive
4-week change -21.40

06

Modeled Trend

76/100Modeled Trend 0.47

Modeled Trend is supportive
Smoothed Modeled Trend 0.41

Evidence context