SHZ ยท EQUITY ยท ENHANCED MARKET DYNAMICS

000818

Hangjin Technology Co., Ltd.

CN ยท Basic Materials ยท Chemicals

EMD SCORE28/100

CURRENT COMPLETED-WEEK READ

Defensive

The latest completed-week readings are broadly cautious. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration67% directional agreement89% evidence confidence
Completed week
4 Sep 2026
Latest close
CNY 12.24
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

0 supportive ยท 5 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 42.2026.2610.31 25 Aug 2023 ยท EMD 39/100 ยท close 29.54 1 Sep 2023 ยท EMD 41/100 ยท close 30.68 8 Sep 2023 ยท EMD 51/100 ยท close 33.25 15 Sep 2023 ยท EMD 45/100 ยท close 31.71 22 Sep 2023 ยท EMD 58/100 ยท close 33.73 29 Sep 2023 ยท EMD 52/100 ยท close 32.27 13 Oct 2023 ยท EMD 44/100 ยท close 30.95 20 Oct 2023 ยท EMD 44/100 ยท close 30.02 27 Oct 2023 ยท EMD 70/100 ยท close 35.71 3 Nov 2023 ยท EMD 68/100 ยท close 36.08 10 Nov 2023 ยท EMD 73/100 ยท close 37.01 17 Nov 2023 ยท EMD 71/100 ยท close 37.61 24 Nov 2023 ยท EMD 75/100 ยท close 37.63 1 Dec 2023 ยท EMD 62/100 ยท close 34.33 8 Dec 2023 ยท EMD 54/100 ยท close 31.90 15 Dec 2023 ยท EMD 52/100 ยท close 31.76 22 Dec 2023 ยท EMD 47/100 ยท close 30.18 29 Dec 2023 ยท EMD 48/100 ยท close 31.32 5 Jan 2024 ยท EMD 43/100 ยท close 29.67 12 Jan 2024 ยท EMD 42/100 ยท close 28.74 19 Jan 2024 ยท EMD 37/100 ยท close 27.01 26 Jan 2024 ยท EMD 38/100 ยท close 26.86 2 Feb 2024 ยท EMD 26/100 ยท close 22.01 9 Feb 2024 ยท EMD 38/100 ยท close 25.95 23 Feb 2024 ยท EMD 49/100 ยท close 28.91 1 Mar 2024 ยท EMD 48/100 ยท close 30.05 8 Mar 2024 ยท EMD 47/100 ยท close 29.89 15 Mar 2024 ยท EMD 45/100 ยท close 29.79 22 Mar 2024 ยท EMD 59/100 ยท close 32.11 29 Mar 2024 ยท EMD 46/100 ยท close 29.79 5 Apr 2024 ยท EMD 44/100 ยท close 29.57 12 Apr 2024 ยท EMD 36/100 ยท close 27.01 19 Apr 2024 ยท EMD 36/100 ยท close 26.46 26 Apr 2024 ยท EMD 42/100 ยท close 27.89 3 May 2024 ยท EMD 36/100 ยท close 27.89 10 May 2024 ยท EMD 36/100 ยท close 26.24 17 May 2024 ยท EMD 36/100 ยท close 25.72 24 May 2024 ยท EMD 29/100 ยท close 24.40 31 May 2024 ยท EMD 33/100 ยท close 25.05 7 Jun 2024 ยท EMD 33/100 ยท close 24.93 14 Jun 2024 ยท EMD 28/100 ยท close 24.74 21 Jun 2024 ยท EMD 29/100 ยท close 23.68 28 Jun 2024 ยท EMD 25/100 ยท close 22.08 5 Jul 2024 ยท EMD 26/100 ยท close 21.95 12 Jul 2024 ยท EMD 33/100 ยท close 22.22 19 Jul 2024 ยท EMD 27/100 ยท close 21.39 26 Jul 2024 ยท EMD 24/100 ยท close 19.62 2 Aug 2024 ยท EMD 23/100 ยท close 19.43 9 Aug 2024 ยท EMD 20/100 ยท close 17.48 16 Aug 2024 ยท EMD 29/100 ยท close 16.70 23 Aug 2024 ยท EMD 22/100 ยท close 15.63 30 Aug 2024 ยท EMD 25/100 ยท close 15.74 6 Sep 2024 ยท EMD 21/100 ยท close 14.41 13 Sep 2024 ยท EMD 23/100 ยท close 14.15 20 Sep 2024 ยท EMD 30/100 ยท close 14.88 27 Sep 2024 ยท EMD 38/100 ยท close 17.86 4 Oct 2024 ยท EMD 38/100 ยท close 19.65 11 Oct 2024 ยท EMD 29/100 ยท close 17.80 18 Oct 2024 ยท EMD 38/100 ยท close 17.50 25 Oct 2024 ยท EMD 42/100 ยท close 18.33 1 Nov 2024 ยท EMD 31/100 ยท close 17.07 8 Nov 2024 ยท EMD 48/100 ยท close 19.90 15 Nov 2024 ยท EMD 46/100 ยท close 19.97 22 Nov 2024 ยท EMD 50/100 ยท close 20.90 29 Nov 2024 ยท EMD 49/100 ยท close 19.47 6 Dec 2024 ยท EMD 48/100 ยท close 19.51 13 Dec 2024 ยท EMD 46/100 ยท close 19.00 20 Dec 2024 ยท EMD 55/100 ยท close 20.38 27 Dec 2024 ยท EMD 57/100 ยท close 20.99 3 Jan 2025 ยท EMD 37/100 ยท close 16.46 10 Jan 2025 ยท EMD 36/100 ยท close 15.23 17 Jan 2025 ยท EMD 35/100 ยท close 15.45 24 Jan 2025 ยท EMD 32/100 ยท close 15.26 31 Jan 2025 ยท EMD 37/100 ยท close 16.79 7 Feb 2025 ยท EMD 58/100 ยท close 22.35 14 Feb 2025 ยท EMD 88/100 ยท close 32.90 21 Feb 2025 ยท EMD 85/100 ยท close 40.49 28 Feb 2025 ยท EMD 77/100 ยท close 31.45 7 Mar 2025 ยท EMD 82/100 ยท close 30.30 14 Mar 2025 ยท EMD 72/100 ยท close 28.54 21 Mar 2025 ยท EMD 80/100 ยท close 28.57 28 Mar 2025 ยท EMD 72/100 ยท close 26.17 4 Apr 2025 ยท EMD 76/100 ยท close 25.59 11 Apr 2025 ยท EMD 72/100 ยท close 23.25 18 Apr 2025 ยท EMD 69/100 ยท close 23.07 25 Apr 2025 ยท EMD 66/100 ยท close 22.88 2 May 2025 ยท EMD 70/100 ยท close 24.24 9 May 2025 ยท EMD 67/100 ยท close 24.56 16 May 2025 ยท EMD 68/100 ยท close 24.92 23 May 2025 ยท EMD 56/100 ยท close 23.09 30 May 2025 ยท EMD 51/100 ยท close 22.10 6 Jun 2025 ยท EMD 51/100 ยท close 23.05 13 Jun 2025 ยท EMD 41/100 ยท close 21.66 20 Jun 2025 ยท EMD 41/100 ยท close 21.38 27 Jun 2025 ยท EMD 47/100 ยท close 22.31 4 Jul 2025 ยท EMD 37/100 ยท close 21.63 11 Jul 2025 ยท EMD 43/100 ยท close 22.05 18 Jul 2025 ยท EMD 48/100 ยท close 22.76 25 Jul 2025 ยท EMD 46/100 ยท close 22.79 1 Aug 2025 ยท EMD 39/100 ยท close 21.86 8 Aug 2025 ยท EMD 35/100 ยท close 21.68 15 Aug 2025 ยท EMD 44/100 ยท close 23.25 22 Aug 2025 ยท EMD 67/100 ยท close 26.39 29 Aug 2025 ยท EMD 49/100 ยท close 25.56 5 Sep 2025 ยท EMD 48/100 ยท close 23.86 12 Sep 2025 ยท EMD 51/100 ยท close 24.07 19 Sep 2025 ยท EMD 45/100 ยท close 23.53 26 Sep 2025 ยท EMD 43/100 ยท close 23.11 3 Oct 2025 ยท EMD 48/100 ยท close 23.78 10 Oct 2025 ยท EMD 43/100 ยท close 23.01 17 Oct 2025 ยท EMD 35/100 ยท close 21.11 24 Oct 2025 ยท EMD 39/100 ยท close 21.69 31 Oct 2025 ยท EMD 36/100 ยท close 21.55 7 Nov 2025 ยท EMD 34/100 ยท close 21.28 14 Nov 2025 ยท EMD 34/100 ยท close 21.41 21 Nov 2025 ยท EMD 29/100 ยท close 20.21 28 Nov 2025 ยท EMD 30/100 ยท close 20.36 5 Dec 2025 ยท EMD 29/100 ยท close 20.08 12 Dec 2025 ยท EMD 27/100 ยท close 19.25 19 Dec 2025 ยท EMD 31/100 ยท close 18.89 26 Dec 2025 ยท EMD 31/100 ยท close 19.18 2 Jan 2026 ยท EMD 29/100 ยท close 19.30 9 Jan 2026 ยท EMD 41/100 ยท close 21.08 16 Jan 2026 ยท EMD 32/100 ยท close 20.56 23 Jan 2026 ยท EMD 44/100 ยท close 21.27 30 Jan 2026 ยท EMD 47/100 ยท close 22.05 6 Feb 2026 ยท EMD 43/100 ยท close 21.19 13 Feb 2026 ยท EMD 61/100 ยท close 24.30 27 Feb 2026 ยท EMD 62/100 ยท close 23.84 6 Mar 2026 ยท EMD 63/100 ยท close 23.76 13 Mar 2026 ยท EMD 52/100 ยท close 23.57 20 Mar 2026 ยท EMD 49/100 ยท close 22.51 27 Mar 2026 ยท EMD 49/100 ยท close 21.36 3 Apr 2026 ยท EMD 41/100 ยท close 19.29 10 Apr 2026 ยท EMD 32/100 ยท close 14.74 17 Apr 2026 ยท EMD 33/100 ยท close 14.93 24 Apr 2026 ยท EMD 31/100 ยท close 14.56 1 May 2026 ยท EMD 32/100 ยท close 15.32 8 May 2026 ยท EMD 41/100 ยท close 18.82 15 May 2026 ยท EMD 33/100 ยท close 16.75 22 May 2026 ยท EMD 34/100 ยท close 16.08 29 May 2026 ยท EMD 27/100 ยท close 14.46 5 Jun 2026 ยท EMD 27/100 ยท close 13.70 12 Jun 2026 ยท EMD 26/100 ยท close 12.39 19 Jun 2026 ยท EMD 23/100 ยท close 12.35 26 Jun 2026 ยท EMD 25/100 ยท close 13.97 3 Jul 2026 ยท EMD 30/100 ยท close 14.58 10 Jul 2026 ยท EMD 35/100 ยท close 14.23 17 Jul 2026 ยท EMD 29/100 ยท close 12.40 24 Jul 2026 ยท EMD 23/100 ยท close 12.02 31 Jul 2026 ยท EMD 25/100 ยท close 12.54 7 Aug 2026 ยท EMD 32/100 ยท close 13.49 14 Aug 2026 ยท EMD 27/100 ยท close 13.45 21 Aug 2026 ยท EMD 28/100 ยท close 12.02 28 Aug 2026 ยท EMD 37/100 ยท close 12.41 4 Sep 2026 ยท EMD 28/100 ยท close 12.24 20 Sep 2024 ยท Up-cycle confirmed ยท close 14.88 28 Feb 2025 ยท Down-cycle confirmed ยท close 31.45 3 Jul 2026 ยท Up-cycle confirmed ยท close 14.58 25 Aug 20237 Mar 20254 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 8%Current EMD -43.14-week EMD change -7.5156-week price range CNY 12.02โ€“40.49

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

35/100-0.01

Cautious pressure beneath price
4-week change +0.38

02

Trend and deviation

0/100-24.6% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

30/1004w -9.3% ยท 13w -10.7%

Momentum is applying downside pressure
SMI 0.03

04

Price-volume pressure

35/10035% constructive pressure

Volume is leaning against the close
Volume ratio 1.00x

05

Relative leadership

1/100-31.64

The ticker is lagging its benchmark
4-week change +1.60

06

Modeled Trend

57/100Modeled Trend 0.08

Modeled Trend is supportive
Smoothed Modeled Trend 0.13

Evidence context