SHZ · EQUITY · ENHANCED MARKET DYNAMICS

300602

Shenzhen FRD Science & Technology Co., Ltd.

CN · Technology · Electronic Components

Open Chart Terminal

EMD SCORE35/100

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.

Deterioration50% directional agreement73/100 evidence quality5/6 sources available

Completed week: 9 Oct 2026
Latest close: CNY 32.65
Evidence: 156 weeks

Four-week EMD change-36.6 pts

signed chart scale −100 to +100

Four-week price-11.2%

completed closing prices

Current directional run2 weeks

on the same side of EMD zero

Recent consistency10/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

0 supportive · 3 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 77%Current EMD -30.94-week EMD change -36.6Full saved history price range CNY 10.64–49.97

View chart values · 156 observations

Week	Close · CNY	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-09-29	18.97	72.93	86	100	83
2023-10-13	20.06	70.25	85	100	83
2023-10-20	17.78	48.7	74	60	83
2023-10-27	18.92	70.27	85	100	100
2023-11-03	19.05	52.7	76	67	100
2023-11-10	18.64	44.04	72	60	100
2023-11-17	19.26	72.38	86	100	100
2023-11-24	17.81	38.69	69	60	100
2023-12-01	17.79	47.09	74	100	100
2023-12-08	17.31	38.09	69	100	100
2023-12-15	17.37	20.3	60	0	100
2023-12-22	17.14	19.68	60	20	100
2023-12-29	17.97	36.51	68	67	100
2024-01-05	16.57	0.3	50	33	100
2024-01-12	15.12	-15.64	42	33	100
2024-01-19	14.21	-20.17	40	33	100
2024-01-26	13.21	-33.74	33	60	100
2024-02-02	10.64	-46.46	27	67	100
2024-02-09	11.69	-32.07	34	33	100
2024-02-23	13.64	-21.96	39	33	100
2024-03-01	15.32	0.08	50	33	100
2024-03-08	16.40	2.04	51	0	100
2024-03-15	16.81	10.63	55	50	100
2024-03-22	16.91	11.27	56	33	100
2024-03-29	17.13	27.47	64	67	100
2024-04-05	15.92	-5.56	47	0	100
2024-04-12	14.63	-18.63	41	33	100
2024-04-19	14.24	-22.12	39	50	100
2024-04-26	15.07	-9.0	46	0	100
2024-05-03	15.03	-12.37	44	0	100
2024-05-10	14.30	-18.12	41	20	100
2024-05-17	14.43	-10.93	45	20	100
2024-05-24	16.74	32.3	66	100	100
2024-05-31	16.67	31.23	66	100	100
2024-06-07	14.23	-23.52	38	20	100
2024-06-14	15.16	3.18	52	50	100
2024-06-21	14.73	-18.25	41	60	100
2024-06-28	15.06	-6.8	47	20	100
2024-07-05	14.09	-21.18	39	67	100
2024-07-12	14.70	-6.35	47	0	100
2024-07-19	14.21	-20.71	40	60	100
2024-07-26	13.91	-23.94	38	60	100
2024-08-02	13.80	-25.35	37	67	100
2024-08-09	13.29	-31.25	34	60	100
2024-08-16	14.57	-1.68	49	33	100
2024-08-23	15.13	9.61	55	33	100
2024-08-30	15.54	21.81	61	100	100
2024-09-06	14.01	-9.97	45	0	100
2024-09-13	13.89	-11.37	44	20	100
2024-09-20	13.77	-14.04	43	33	100
2024-09-27	15.41	3.31	52	0	100
2024-10-04	17.89	31.53	66	100	100
2024-10-11	16.93	16.48	58	60	100
2024-10-18	20.14	77.17	89	100	100
2024-10-25	20.22	52.34	76	67	100
2024-11-01	18.89	45.9	73	67	100
2024-11-08	21.87	76.08	88	100	100
2024-11-15	20.36	54.8	77	67	100
2024-11-22	19.11	49.58	75	67	100
2024-11-29	19.33	64.13	82	100	100
2024-12-06	20.81	54.04	77	67	100
2024-12-13	19.63	47.87	74	67	100
2024-12-20	19.81	66.15	83	100	100
2024-12-27	20.58	70.31	85	100	100
2025-01-03	17.54	27.09	64	60	100
2025-01-10	18.07	40.42	70	100	100
2025-01-17	18.66	38.02	69	100	100
2025-01-24	20.02	39.86	70	67	100
2025-01-31	19.19	37.73	69	60	100
2025-02-07	20.63	45.68	73	67	100
2025-02-14	20.62	50.37	75	100	100
2025-02-21	23.51	73.44	87	100	100
2025-02-28	22.12	46.59	73	67	100
2025-03-07	22.72	68.28	84	100	100
2025-03-14	23.65	77.42	89	100	100
2025-03-21	21.63	45.37	73	67	100
2025-03-28	20.60	37.9	69	60	100
2025-04-04	20.57	44.49	72	100	100
2025-04-11	18.19	12.22	56	50	100
2025-04-18	18.85	2.26	51	0	100
2025-04-25	19.00	-1.28	49	0	100
2025-05-02	19.42	3.68	52	0	100
2025-05-09	19.84	4.88	52	0	100
2025-05-16	19.60	-0.11	50	0	100
2025-05-23	18.62	-18.87	41	60	100
2025-05-30	18.35	-19.81	40	60	100
2025-06-06	19.03	-9.07	45	0	100
2025-06-13	18.08	-28.74	36	67	100
2025-06-20	18.53	-17.06	41	50	100
2025-06-27	20.81	21.37	61	60	100
2025-07-04	21.27	20.92	60	60	100
2025-07-11	22.61	43.55	72	100	100
2025-07-18	23.17	41.48	71	67	100
2025-07-25	22.91	48.19	74	67	100
2025-08-01	23.78	66.55	83	100	100
2025-08-08	27.87	83.45	92	100	100
2025-08-15	30.02	80.19	90	100	100
2025-08-22	32.76	74.2	87	100	100
2025-08-29	32.76	67.25	84	67	100
2025-09-05	28.94	60.81	80	67	100
2025-09-12	29.66	72.41	86	100	100
2025-09-19	33.91	74.57	87	100	100
2025-09-26	32.22	54.04	77	67	100
2025-10-03	32.31	72.07	86	100	100
2025-10-10	35.41	75.9	88	100	100
2025-10-17	30.92	49.7	75	67	100
2025-10-24	32.77	69.1	85	100	100
2025-10-31	31.44	51.24	76	67	100
2025-11-07	31.48	52.51	76	100	100
2025-11-14	28.31	22.76	61	50	100
2025-11-21	26.49	7.61	54	20	100
2025-11-28	27.89	16.28	58	20	100
2025-12-05	27.88	12.47	56	33	100
2025-12-12	28.38	18.62	59	50	100
2025-12-19	29.59	34.83	67	67	100
2025-12-26	33.27	49.69	75	67	100
2026-01-02	33.12	42.34	71	60	100
2026-01-09	32.92	49.6	75	100	100
2026-01-16	33.01	52.43	76	100	100
2026-01-23	34.71	60.64	80	100	100
2026-01-30	35.00	59.09	80	100	100
2026-02-06	33.46	54.24	77	100	100
2026-02-13	36.01	69.87	85	100	100
2026-02-27	39.04	75.4	88	100	100
2026-03-06	36.59	55.42	78	67	100
2026-03-13	34.89	54.11	77	67	100
2026-03-20	32.28	30.41	65	67	100
2026-03-27	30.28	9.41	55	33	100
2026-04-03	29.01	-15.56	42	67	100
2026-04-10	32.84	5.27	53	0	100
2026-04-17	34.93	32.87	66	67	100
2026-04-24	34.31	22.11	61	33	100
2026-05-01	35.68	35.53	68	60	100
2026-05-08	37.45	48.5	74	100	100
2026-05-15	37.77	50.29	75	100	100
2026-05-22	39.78	59.44	80	100	100
2026-05-29	45.30	69.54	85	100	100
2026-06-05	40.79	63.67	82	100	100
2026-06-12	41.63	67.5	84	100	100
2026-06-19	49.52	80.76	90	100	100
2026-06-26	49.97	72.41	86	100	100
2026-07-03	46.45	73.18	87	100	100
2026-07-10	45.82	72.37	86	100	100
2026-07-17	36.61	36.43	68	100	100
2026-07-24	35.38	21.47	61	100	100
2026-07-31	31.72	-19.19	40	67	100
2026-08-07	37.30	5.56	53	20	100
2026-08-14	38.70	13.77	57	20	100
2026-08-21	41.57	40.69	70	60	100
2026-08-28	42.50	31.6	66	33	100
2026-09-04	42.80	36.37	68	33	100
2026-09-11	36.77	5.68	53	33	100
2026-09-18	39.08	33.78	67	60	100
2026-09-25	37.47	0.91	50	0	100
2026-10-02	34.88	-12.95	44	33	100
2026-10-09	32.65	-30.91	35	50	83

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	92	88	95	98	99	100	100	100	100	100	100	100	100	63	49	2	32	44	95	97	97	51	73	57	6	2
Momentum	79	81	81	83	82	85	89	82	88	97	94	96	94	50	49	38	46	74	83	75	81	44	38	31	28	29
Underlying pressure	24	28	39	49	57	68	80	82	84	87	86	89	90	81	64	43	29	25	26	34	41	44	45	41	33	26
Price & volume	59	41	51	56	52	52	53	47	46	69	47	46	45	45	46	37	56	41	52	28	31	15	85	6	29	46
Relative strength	66	56	66	72	73	86	99	91	95	99	99	98	98	81	67	29	70	81	96	98	99	81	90	87	76	57
Modeled Trend	88	88	88	88	88	88	88	89	89	89	90	90	90	90	89	88	88	87	87	87	86	85	84	82	81	—

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

STRONGEST CURRENT SOURCE

Relative strength

57/100

LEAST SUPPORTIVE SOURCE

Trend

2/100

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

Further price weakness alongside cautious trend, pressure and relative strength would support the current defensive read.

Change of direction

Repair needs follow-through

Improving EMD while price still falls is an early observation. A turn in price and broader agreement would strengthen a repair case.

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+12.2%

Median price return · 6 non-overlapping examples

Observed range: -1.1% to +34.0%
Positive returns: 67%
All-period comparison: +3.7% median

13 WEEKS LATER+50.7%

Median price return · 4 non-overlapping examples

Observed range: -1.6% to +76.0%
Positive returns: 75%
All-period comparison: +6.3% median

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

9 Oct 2026Down-cycle confirmedCNY 32.65

31 Jul 2026Down-cycle confirmedCNY 31.72

3 Apr 2026Down-cycle confirmedCNY 29.01

11 Apr 2025Down-cycle confirmedCNY 18.19

3 Jan 2025Down-cycle confirmedCNY 17.54

18 Oct 2024Upper cycle zone confirmedCNY 20.14

4 Oct 2024Up-cycle confirmedCNY 17.89

16 Aug 2024Up-cycle confirmedCNY 14.57

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