SHZ · EQUITY · ENHANCED MARKET DYNAMICS

000685

Zhongshan Public Utilities Group Co.,Ltd

CN · Utilities · Utilities - Regulated Water

Open Chart Terminal

EMD SCORE50/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build50% directional agreement84/100 evidence quality6/6 sources available

Completed week: 9 Oct 2026
Latest close: CNY 10.73
Evidence: 156 weeks

Four-week EMD change+4.4 pts

signed chart scale −100 to +100

Four-week price-3.8%

completed closing prices

Current directional run1 weeks

on the same side of EMD zero

Recent consistency2/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 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 78%Current EMD +0.34-week EMD change +4.4Full saved history price range CNY 6.52–14.00

View chart values · 156 observations

Week	Close · CNY	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-09-29	6.95	20.7	60	20	83
2023-10-13	6.75	11.59	56	20	83
2023-10-20	6.63	0.88	50	20	83
2023-10-27	6.80	11.11	56	20	100
2023-11-03	6.77	2.81	51	20	100
2023-11-10	6.82	5.12	53	0	100
2023-11-17	6.79	2.72	51	0	100
2023-11-24	6.82	6.96	53	20	100
2023-12-01	6.75	-0.33	50	20	100
2023-12-08	6.73	-0.37	50	20	100
2023-12-15	6.87	10.35	55	20	100
2023-12-22	6.69	0.92	50	0	100
2023-12-29	6.77	9.16	55	20	100
2024-01-05	6.97	15.56	58	33	100
2024-01-12	6.94	13.51	57	50	100
2024-01-19	6.72	7.36	54	0	100
2024-01-26	6.97	33.25	67	67	100
2024-02-02	6.52	2.51	51	0	100
2024-02-09	6.90	27.93	64	60	100
2024-02-23	7.02	31.82	66	67	100
2024-03-01	7.10	36.16	68	100	100
2024-03-08	7.08	37.54	69	67	100
2024-03-15	7.08	36.52	68	100	100
2024-03-22	7.00	35.66	68	67	100
2024-03-29	7.09	52.92	76	100	100
2024-04-05	7.21	54.61	77	100	100
2024-04-12	7.31	48.86	74	67	100
2024-04-19	7.52	68.63	84	100	100
2024-04-26	7.42	64.94	82	100	100
2024-05-03	7.16	42.3	71	67	100
2024-05-10	7.30	58.25	79	100	100
2024-05-17	7.32	40.01	70	67	100
2024-05-24	7.12	32.94	66	67	100
2024-05-31	7.03	28.21	64	67	100
2024-06-07	6.89	23.12	62	100	100
2024-06-14	6.76	-2.11	49	0	100
2024-06-21	6.66	-6.46	47	20	100
2024-06-28	6.67	-1.69	49	0	100
2024-07-05	6.64	-5.19	47	0	100
2024-07-12	6.73	-0.59	50	20	100
2024-07-19	6.80	0.33	50	20	100
2024-07-26	6.93	9.66	55	33	100
2024-08-02	7.05	8.55	54	20	100
2024-08-09	7.02	8.89	54	20	100
2024-08-16	6.98	3.99	52	20	100
2024-08-23	6.87	2.99	51	20	100
2024-08-30	6.81	-3.14	48	20	100
2024-09-06	7.02	12.69	56	50	100
2024-09-13	6.83	3.11	52	0	100
2024-09-20	6.89	12.73	56	50	100
2024-09-27	7.82	53.83	77	100	100
2024-10-04	8.60	72.49	86	100	100
2024-10-11	8.09	39.45	70	67	100
2024-10-18	8.24	63.08	82	100	100
2024-10-25	8.23	59.61	80	100	100
2024-11-01	8.33	55.36	78	100	100
2024-11-08	8.79	64.36	82	100	100
2024-11-15	8.31	39.78	70	60	100
2024-11-22	8.26	42.58	71	67	100
2024-11-29	8.48	59.69	80	100	100
2024-12-06	8.81	63.17	82	100	100
2024-12-13	8.62	46.01	73	67	100
2024-12-20	8.73	60.42	80	100	100
2024-12-27	9.01	66.9	83	100	100
2025-01-03	8.38	38.56	69	60	100
2025-01-10	8.18	34.35	67	67	100
2025-01-17	8.64	50.63	75	100	100
2025-01-24	8.64	40.53	70	100	100
2025-01-31	8.71	43.57	72	100	100
2025-02-07	8.74	41.46	71	100	100
2025-02-14	8.70	33.96	67	100	100
2025-02-21	8.60	23.41	62	50	100
2025-02-28	8.75	36.17	68	100	100
2025-03-07	8.89	39.24	70	100	100
2025-03-14	9.02	45.96	73	100	100
2025-03-21	8.94	34.96	67	67	100
2025-03-28	8.94	34.47	67	67	100
2025-04-04	8.90	42.55	71	100	100
2025-04-11	8.48	34.62	67	100	100
2025-04-18	8.44	17.91	59	50	100
2025-04-25	8.82	31.63	66	67	100
2025-05-02	8.46	-0.59	50	20	100
2025-05-09	8.56	5.38	53	20	100
2025-05-16	8.52	-3.0	48	0	100
2025-05-23	8.39	-7.43	46	20	100
2025-05-30	8.44	0.92	50	33	100
2025-06-06	8.49	-1.54	49	20	100
2025-06-13	8.66	4.91	52	33	100
2025-06-20	8.47	-5.37	47	0	100
2025-06-27	8.78	7.15	54	33	100
2025-07-04	8.80	7.05	54	20	100
2025-07-11	9.17	27.74	64	100	100
2025-07-18	9.15	31.97	66	60	100
2025-07-25	9.57	48.87	74	100	100
2025-08-01	9.78	70.38	85	100	100
2025-08-08	9.80	64.46	82	100	100
2025-08-15	10.37	73.16	87	100	100
2025-08-22	10.43	67.54	84	100	100
2025-08-29	10.39	51.08	76	67	100
2025-09-05	9.83	30.4	65	33	100
2025-09-12	9.84	26.81	63	33	100
2025-09-19	9.53	18.47	59	33	100
2025-09-26	11.65	72.29	86	100	100
2025-10-03	12.37	74.45	87	100	100
2025-10-10	14.00	89.81	95	100	100
2025-10-17	12.70	54.96	77	67	100
2025-10-24	12.98	64.83	82	67	100
2025-10-31	12.42	50.8	75	67	100
2025-11-07	12.00	45.6	73	67	100
2025-11-14	12.03	55.73	78	100	100
2025-11-21	12.03	55.29	78	100	100
2025-11-28	12.36	59.39	80	100	100
2025-12-05	12.25	56.25	78	100	100
2025-12-12	13.60	74.7	87	100	100
2025-12-19	11.46	29.21	65	60	100
2025-12-26	11.22	11.34	56	0	100
2026-01-02	11.65	25.45	63	100	100
2026-01-09	12.19	17.05	59	20	100
2026-01-16	11.79	9.66	55	0	100
2026-01-23	12.57	32.26	66	60	100
2026-01-30	12.35	26.62	63	50	100
2026-02-06	12.19	16.79	58	20	100
2026-02-13	11.69	6.72	53	0	100
2026-02-27	12.10	12.94	56	20	100
2026-03-06	11.88	6.55	53	0	100
2026-03-13	11.74	2.84	51	0	100
2026-03-20	11.07	-25.26	37	67	100
2026-03-27	10.95	-15.95	42	33	100
2026-04-03	10.69	-29.78	35	67	100
2026-04-10	11.05	-23.94	38	50	100
2026-04-17	11.17	-23.37	38	50	100
2026-04-24	11.55	-13.41	43	0	100
2026-05-01	11.73	-13.47	43	20	100
2026-05-08	11.66	-18.1	41	20	100
2026-05-15	11.07	-34.74	33	60	100
2026-05-22	12.19	-10.35	45	33	100
2026-05-29	11.46	-28.08	36	60	100
2026-06-05	10.77	-29.84	35	60	100
2026-06-12	10.37	-26.09	37	33	100
2026-06-19	10.58	-34.39	33	60	100
2026-06-26	10.70	-33.75	33	60	100
2026-07-03	10.96	-21.11	39	20	100
2026-07-10	10.83	-21.13	39	20	100
2026-07-17	10.59	-26.46	37	60	100
2026-07-24	10.92	-18.18	41	50	100
2026-07-31	11.08	-17.48	41	60	100
2026-08-07	11.04	-19.5	40	50	100
2026-08-14	11.03	-15.75	42	20	100
2026-08-21	10.98	-15.74	42	50	100
2026-08-28	11.42	-0.14	50	0	100
2026-09-04	11.43	4.17	52	33	100
2026-09-11	11.15	-4.13	48	20	100
2026-09-18	10.91	-5.7	47	20	100
2026-09-25	10.81	-10.4	45	20	100
2026-10-02	10.67	-5.35	47	0	100
2026-10-09	10.73	0.31	50	50	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	11	19	24	22	10	44	21	7	4	6	8	14	12	9	17	22	21	22	21	38	40	31	23	21	18	21
Momentum	52	63	64	60	47	68	48	38	38	37	44	61	61	50	53	50	51	58	45	57	63	60	54	45	40	45
Underlying pressure	14	15	18	18	19	30	35	36	36	24	20	23	27	27	28	27	27	32	37	43	56	67	71	70	60	49
Price & volume	55	59	53	46	29	29	22	45	56	49	46	51	47	40	47	40	51	45	55	56	38	15	32	21	47	63
Relative strength	10	15	17	11	6	20	9	5	5	3	4	7	9	23	31	43	24	24	29	47	61	51	37	42	51	62
Modeled Trend	76	74	73	72	71	71	70	67	65	65	64	63	62	61	60	59	58	58	58	58	58	59	60	61	61	61

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

63/100

LEAST SUPPORTIVE SOURCE

Trend

21/100

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+3.3%

Median price return · 6 non-overlapping examples

Observed range: -6.6% to +19.6%
Positive returns: 67%
All-period comparison: +0.9% median

13 WEEKS LATER

Too few comparisons

2 non-overlapping examples. 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

25 Sep 2026Down-cycle confirmedCNY 10.81

5 Jun 2026Down-cycle confirmedCNY 10.77

15 May 2026Down-cycle confirmedCNY 11.07

3 Apr 2026Down-cycle confirmedCNY 10.69

2 May 2025Down-cycle confirmedCNY 8.46

11 Apr 2025Down-cycle confirmedCNY 8.48

27 Sep 2024Upper cycle zone confirmedCNY 7.82

19 Jul 2024Up-cycle confirmedCNY 6.80

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