Weekly structural research · SHZ · Utilities

300982 Stage Analysis

Suwen Electric Energy Technology Co.,Ltd.

Week ending 9 Oct 2026Close CNY 14.33Tenure EstablishedBenchmark 399001.SZ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: wide and contracting.

Direction -65−100 bearish to +100 bullish

Energy 64/100directional strength

Maturity 78/100lifecycle context

Confidence 91/100evidence agreement

Trend gate Downstructural direction

Activity structure Widecontracting separation

Price acceptance -66.7%position within the Activity structure

Fair Value context -26.8%CNY 19.58 · improving

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Rotation DownStructure is turning lower.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-09	14.33	17.98	-17.21	3737360	Downward Expansion	-65	64
2026-10-02	14.33	18.40	-19.12	4214953	Downward Expansion	-67	80
2026-09-25	14.34	18.74	-22.06	7400214	Downward Expansion	-69	77
2026-09-18	14.17	19.07	-25.16	11856643	Downward Expansion	-74	81
2026-09-11	14.09	19.37	-25.12	8029789	Downward Expansion	-79	77
2026-09-04	14.89	19.63	-21.67	2562813	Downward Expansion	-54	55
2026-08-28	14.89	19.81	-24.52	1897034	Downward Expansion	-55	56
2026-08-21	14.78	20.07	-26.43	1723900	Downward Expansion	-68	62
2026-08-14	15.49	20.35	-24.95	2038308	Downward Expansion	-65	73
2026-08-07	15.15	20.60	-27.06	2716000	Downward Expansion	-67	80
2026-07-31	14.64	20.77	-26.41	2212133	Downward Expansion	-69	86
2026-07-24	13.99	20.93	-31.31	2067400	Downward Expansion	-79	89
2026-07-17	14.35	21.12	-29.97	3901540	Downward Expansion	-81	91
2026-07-10	15.56	21.35	-31.64	2573281	Downward Expansion	-75	90
2026-07-03	16.47	21.46	-30.79	6275185	Downward Expansion	-71	87
2026-06-26	15.43	21.52	-36.45	6263546	Rotation Down	-86	89
2026-06-19	16.88	21.59	-32.18	15222770	Rotation Down	-56	70
2026-06-12	17.60	21.70	-24.84	4297840	Rotation Down	-52	59
2026-06-05	20.58	21.78	-14.69	6306831	Deceleration	-20	26
2026-05-29	21.64	21.73	-12.18	41515822	Deceleration	7	7
2026-05-22	21.57	21.66	-12.81	30274819	Deceleration	8	5
2026-05-15	22.40	21.56	-9.49	62964150	Deceleration	17	9
2026-05-08	23.06	21.46	-7.02	25805594	Deceleration	19	10
2026-05-01	23.15	21.33	-3.94	49400229	Deceleration	17	13
2026-04-24	21.15	21.20	-11.24	23962648	Deceleration	11	19
2026-04-17	22.54	21.12	-5.18	19045082	Deceleration	26	22
2026-04-10	22.25	21.01	-2.61	19896197	Upward Expansion	32	19
2026-04-03	20.89	20.91	-2.11	27079963	Upward Expansion	32	24
2026-03-27	23.78	20.84	8.11	35648793	Upward Expansion	60	55
2026-03-20	25.09	20.73	13.29	34886429	Upward Expansion	62	69
2026-03-13	26.80	20.55	17.80	88862499	Upward Expansion	77	72
2026-03-06	24.45	20.32	8.69	44298666	Upward Expansion	67	56
2026-02-27	24.26	20.15	5.59	33389647	Upward Expansion	69	42
2026-02-13	23.33	20.01	4.45	70831088	Upward Expansion	64	37
2026-02-06	21.80	19.91	-0.93	23770924	Upward Expansion	55	38
2026-01-30	20.47	19.89	-8.94	33458314	Upward Expansion	57	56
2026-01-23	22.46	19.80	-1.91	38801090	Upward Expansion	63	67
2026-01-16	23.14	19.65	2.10	49896316	Upward Expansion	74	69
2026-01-09	23.05	19.45	2.95	70401575	Balance	74	60
2026-01-02	20.19	19.25	-5.77	23217699	Balance	51	34
2025-12-26	19.65	19.16	-9.00	24233300	Balance	35	24
2025-12-19	19.61	19.07	-6.29	30290374	Balance	42	22
2025-12-12	21.20	18.96	0.12	59693827	Balance	59	24
2025-12-05	19.06	18.80	-9.44	19419450	Balance	-16	15
2025-11-28	18.02	18.70	-13.59	10858040	Balance	-16	15
2025-11-21	17.63	18.62	-12.78	16149624	Deceleration	-2	2
2025-11-14	20.12	18.53	-5.89	22775028	Deceleration	55	33
2025-11-07	20.08	18.36	-7.60	26480411	Deceleration	46	23
2025-10-31	18.98	18.18	-12.68	18922249	Deceleration	30	14
2025-10-24	19.61	18.11	-9.46	18788255	Deceleration	38	19
2025-10-17	18.58	18.02	-10.55	27341847	Deceleration	15	10
2025-10-10	19.28	17.99	-12.11	8517415	Deceleration	22	12
2025-10-03	19.32	17.93	-13.39	11152044	Deceleration	32	15
2025-09-26	19.36	17.86	-11.59	19741311	Deceleration	32	16
2025-09-19	18.45	17.78	-15.18	13034295	Deceleration	30	18
2025-09-12	19.31	17.76	-10.67	13808366	Deceleration	38	24
2025-09-05	19.40	17.68	-8.25	18174730	Deceleration	40	28
2025-08-29	18.86	17.59	-11.84	30754132	Upward Expansion	42	31
2025-08-22	20.33	17.50	-1.21	32363062	Upward Expansion	62	43
2025-08-15	19.76	17.38	0.25	26325820	Upward Expansion	56	43
2025-08-08	19.78	17.25	4.68	21614817	Upward Expansion	61	53
2025-08-01	19.54	17.10	4.57	20251618	Upward Expansion	64	75
2025-07-25	19.84	16.99	4.31	37419650	Upward Expansion	65	77
2025-07-18	20.39	16.94	9.53	57346300	Upward Expansion	80	82
2025-07-11	21.15	16.87	15.93	142186498	Rotation Up	92	82
2025-07-04	17.90	16.81	-0.03	15075792	Rotation Up	39	45
2025-06-27	17.84	16.83	0.66	11625944	Rotation Up	30	40
2025-06-20	17.17	16.84	0.17	15930030	Balance	18	24
2025-06-13	17.08	16.86	-1.79	16559685	Balance	15	22
2025-06-06	17.43	16.90	-0.89	28475933	Balance	-6	18
2025-05-30	17.15	16.94	-1.43	26213236	Downward Expansion	-12	16
2025-05-23	16.14	16.96	-8.65	10220580	Downward Expansion	-36	19
2025-05-16	16.34	17.08	-8.61	7965756	Downward Expansion	-43	28
2025-05-09	16.21	17.13	-9.27	9187460	Downward Expansion	-59	60
2025-05-02	15.57	17.19	-11.39	9121220	Downward Expansion	-64	76
2025-04-25	15.01	17.33	-14.92	7786702	Downward Expansion	-70	78
2025-04-18	14.92	17.40	-14.51	8484820	Downward Expansion	-72	71
2025-04-11	14.73	17.40	-16.21	20226192	Balance	-72	56
2025-04-04	16.95	17.40	-8.96	8853491	Balance	-30	14
2025-03-28	16.79	17.34	-12.11	13471020	Balance	-20	11
2025-03-21	17.69	17.29	-8.41	22317125	Balance	21	15
2025-03-14	17.55	17.18	-11.99	21952000	Balance	10	12
2025-03-07	17.05	17.13	-13.97	13378100	Balance	1	8
2025-02-28	17.06	17.09	-12.63	16697041	Balance	-1	8
2025-02-21	17.85	17.07	-12.36	21572040	Balance	6	8
2025-02-14	16.80	17.03	-16.21	14073760	Rotation Down	-22	16
2025-02-07	16.65	17.02	-16.06	11020190	Rotation Down	-18	28
2025-01-31	16.37	17.02	-14.65	2603110	Rotation Down	-21	49
2025-01-24	16.72	17.02	-14.84	29008873	Rotation Down	-21	45
2025-01-17	15.75	17.06	-20.02	9005152	Rotation Down	-26	47
2025-01-10	15.23	17.14	-21.21	12275539	Balance	-31	31
2025-01-03	16.37	17.29	-17.41	23286190	Balance	15	9
2024-12-27	18.37	17.36	-15.25	19269797	Balance	47	27
2024-12-20	18.38	17.47	-16.16	26711926	Balance	47	26
2024-12-13	19.19	17.55	-13.98	24718866	Balance	30	19
2024-12-06	18.61	17.57	-18.08	24205793	Balance	14	12
2024-11-29	18.03	17.65	-20.29	14035222	Balance	11	11
2024-11-22	17.70	17.62	-21.50	18322484	Rotation Up	13	12
2024-11-15	18.40	17.58	-22.05	28950046	Rotation Up	19	22
2024-11-08	18.70	17.51	-24.62	26720386	Rotation Up	24	26
2024-11-01	17.63	17.47	-24.97	35902303	Rotation Up	22	35
2024-10-25	19.63	17.49	-18.68	37529640	Rotation Up	37	45
2024-10-18	18.09	17.44	-23.88	23323119	Rotation Up	19	34
2024-10-11	18.03	17.51	-22.71	37326486	Rotation Up	17	28
2024-10-04	19.74	17.62	-19.98	11198796	Rotation Up	3	18
2024-09-27	17.15	17.65	-23.77	17706828	Downward Expansion	-41	32
2024-09-20	14.91	17.78	-22.72	5558631	Downward Expansion	-65	69
2024-09-13	14.76	17.98	-23.48	11708375	Downward Expansion	-70	76
2024-09-06	14.96	18.10	-24.69	7294673	Downward Expansion	-70	75
2024-08-30	15.34	18.20	-25.79	10009714	Downward Expansion	-64	68
2024-08-23	14.52	18.45	-29.46	9013001	Downward Expansion	-76	67
2024-08-16	15.82	18.90	-25.86	9739629	Downward Expansion	-64	46
2024-08-09	15.96	19.39	-26.75	16519560	Downward Expansion	-65	48
2024-08-02	16.45	19.80	-27.02	12468998	Downward Expansion	-60	47
2024-07-26	16.75	20.29	-27.48	11381068	Downward Expansion	-60	58
2024-07-19	16.42	20.67	-32.72	12161239	Downward Expansion	-64	65
2024-07-12	16.54	21.04	-33.22	14534860	Downward Expansion	-66	60
2024-07-05	16.57	21.44	-33.01	17144678	Downward Expansion	-65	50
2024-06-28	17.87	21.89	-30.09	17510594	Balance	-48	34
2024-06-21	17.94	22.34	-32.55	21089109	Balance	-45	24
2024-06-14	19.75	22.92	-28.39	19668325	Balance	-17	15
2024-06-07	18.70	23.29	-33.21	41163888	Downward Expansion	-23	20
2024-05-31	21.59	23.65	-24.92	74411523	Downward Expansion	-17	26
2024-05-24	20.79	23.90	-29.10	42894992	Downward Expansion	-35	27
2024-05-17	19.78	24.16	-35.23	62723605	Downward Expansion	-45	35
2024-05-10	21.08	24.51	-31.87	48502629	Downward Expansion	-62	52
2024-05-03	17.13	24.84	-44.41	9283145	Downward Expansion	-66	81
2024-04-26	16.48	25.28	-46.49	16067985	Downward Expansion	-72	81
2024-04-19	16.09	25.77	-47.38	23607458	Downward Expansion	-78	83
2024-04-12	17.73	26.34	-42.38	20510539	Downward Expansion	-70	68
2024-04-05	18.22	26.89	-43.52	12300801	Downward Expansion	-69	57
2024-03-29	17.96	27.49	-44.19	22322063	Downward Expansion	-72	55
2024-03-22	20.13	28.23	-39.36	19988267	Downward Expansion	-63	50
2024-03-15	21.36	28.96	-36.83	32412603	Downward Expansion	-60	53
2024-03-08	20.82	29.75	-37.62	19698604	Downward Expansion	-64	71
2024-03-01	21.12	30.52	-38.01	23502273	Downward Expansion	-66	87
2024-02-23	20.72	31.47	-37.34	22361185	Downward Expansion	-67	87
2024-02-09	18.31	32.55	-43.56	24128534	Downward Expansion	-85	92
2024-02-02	18.08	33.66	-39.62	29433926	Downward Expansion	-90	82
2024-01-26	22.72	34.64	-30.95	47586329	Downward Expansion	-84	56
2024-01-19	28.26	35.43	-15.02	15665522	Downward Expansion	-61	36
2024-01-12	30.27	36.16	-11.66	20793383	Downward Expansion	-55	37
2024-01-05	28.27	36.73	-18.65	14000559	Downward Expansion	-68	52
2023-12-29	31.11	37.40	-14.41	21550981	Downward Expansion	-62	55
2023-12-22	28.22	37.97	-19.90	15026690	Downward Expansion	-68	76
2023-12-15	27.68	38.67	-22.99	10255411	Downward Expansion	-78	66
2023-12-08	28.35	39.19	-22.81	11403427	Downward Expansion	-75	54
2023-12-01	30.12	39.67	-19.65	12417088	Downward Expansion	-52	40
2023-11-24	31.34	40.16	-17.65	25566734	Downward Expansion	-45	39
2023-11-17	35.37	40.62	-8.61	44428911	Downward Expansion	-50	50
2023-11-10	30.90	40.93	-20.25	15666596	Downward Expansion	-66	70
2023-11-03	29.57	41.44	-22.95	18891408	Downward Expansion	-68	84
2023-10-27	29.06	42.10	-23.86	13435660	Downward Expansion	-73	87
2023-10-20	28.42	42.77	-24.18	10742306	Downward Expansion	-80	90
2023-10-13	30.42	43.45	-22.97	12466803	Downward Expansion	-72	88
2023-09-29	30.98	44.18	-21.97	10780769	Downward Expansion	-72	88

Price vs TrendBelow-20.3%

Trend directionFalling-13.4%

Price vs current Fair ValueBelow anchor-26.8%

Fair Value directionClosing upward+1.9%

Relative Strength vs benchmarkLagging-17.2%

Relative strength directionImproving+14.4%

Price momentumNegative-35.6%

Volume balanceDemand-led1.41×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-65 / ±100

+13.6 points since 2026-09-11

Energy

64 /100

-13.3 points since 2026-09-11

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

300982 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance15

Rotation Up30

Upward Expansion12

Deceleration55

Rotation Down53

Downward Expansion85

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-09-29 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 18%Rotation Up 7%Upward Expansion 12%Deceleration 13%Rotation Down 5%Downward Expansion 45%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-07-03	2026-10-09	Established	-13.0%
Rotation Down	2026-06-12	2026-06-26	New	-12.3%
Deceleration	2026-04-17	2026-06-05	Developing	-8.7%
Upward Expansion	2026-01-16	2026-04-10	Developing	-3.8%
Balance	2025-11-28	2026-01-09	Developing	+27.9%
Deceleration	2025-09-05	2025-11-21	Developing	-9.1%
Upward Expansion	2025-07-18	2025-08-29	Developing	-7.5%
Rotation Up	2025-06-27	2025-07-11	New	+18.6%
Balance	2025-06-06	2025-06-20	New	-1.5%
Downward Expansion	2025-04-18	2025-05-30	Developing	+15.0%
Balance	2025-02-21	2025-04-11	Developing	-17.5%
Rotation Down	2025-01-17	2025-02-14	Developing	+6.7%
Balance	2024-11-29	2025-01-10	Developing	-15.6%
Rotation Up	2024-10-04	2024-11-22	Developing	-10.3%

Classic Stage Analysis comparison

Stage 1 · Basing69

Stage 2 · Advancing0

Stage 3 · Distribution1

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus 399001.SZ

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 77/100
Current Relative Strength: -17.21
Relative Strength direction: Improving
Price momentum: -35.6%
Excess performance vs benchmark: -23.9%
Utilities regime cohort: 66th percentile32 in cohort

Test 300982 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.55×

Latest completed volume relative to typical participation.

Up/down volume1.41×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore 300982 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 14.29falling

Slow Activity CNY 16.08falling

Trend Reference CNY 17.98-20.3% close margin

Current Fair Value CNY 19.58-26.8% close margin

Structural low CNY 13.82shock / repair context

What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +4.9%

Annualized volatility +36.9%

From structural high -50.0%

From structural low +3.7%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs 399001.SZ	Regime survived	Read
Near term	20	-2.2%-39.5% to +24.5%	+45.0%	+55.0%	-0.1%	+90.0%	Usable descriptive sample
Intermediate	7	-13.0%-32.6% to +36.7%	+42.9%	+57.1%	-9.6%	+71.4%	Usable descriptive sample
Extended	4	-8.1%-47.5% to +24.6%	+50.0%	+50.0%	-15.9%	+50.0%	Too little matched history
Full cycle	2	-19.5%-61.9% to +23.0%	+50.0%	+50.0%	-35.4%	+50.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

300982 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Similar Charts

RMI Reversal Map