Weekly structural research · SHH · Utilities

600505 Stage Analysis

Sichuan Xichang Electric Power Co.,Ltd.

Week ending 9 Oct 2026Close CNY 10.49Tenure EstablishedBenchmark 000001.SS

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 expanding.

Direction -61−100 bearish to +100 bullish

Energy 53/100directional strength

Maturity 50/100lifecycle context

Confidence 93/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -66.7%position within the Activity structure

Fair Value context -7.1%CNY 11.29 · weakening

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	10.49	12.02	-14.00	11791144	Downward Expansion	-61	53
2026-10-02	10.43	12.17	-15.41	19402849	Downward Expansion	-63	48
2026-09-25	10.17	12.33	-18.84	30342704	Downward Expansion	-75	57
2026-09-18	10.65	12.51	-15.93	75902291	Downward Expansion	-62	45
2026-09-11	11.04	12.62	-12.71	59826183	Downward Expansion	-60	48
2026-09-04	10.60	12.71	-17.43	7132492	Downward Expansion	-63	60
2026-08-28	10.62	12.82	-18.14	3986533	Downward Expansion	-64	50
2026-08-21	10.43	12.94	-19.16	4017159	Downward Expansion	-68	49
2026-08-14	10.93	13.06	-16.33	11176082	Downward Expansion	-62	46
2026-08-07	11.31	13.15	-14.35	7670635	Downward Expansion	-59	46
2026-07-31	11.13	13.21	-13.93	7840116	Downward Expansion	-63	63
2026-07-24	10.51	13.27	-18.90	16674728	Downward Expansion	-73	81
2026-07-17	11.60	13.35	-10.19	28017048	Downward Expansion	-63	79
2026-07-10	10.45	13.41	-24.38	8048999	Downward Expansion	-80	86
2026-07-03	10.98	13.48	-22.25	8547600	Downward Expansion	-77	75
2026-06-26	10.80	13.54	-23.74	15260776	Balance	-75	52
2026-06-19	12.64	13.59	-12.76	113515364	Balance	-18	10
2026-06-12	14.62	13.63	1.63	38458666	Balance	14	7
2026-06-05	13.56	13.63	-6.00	34050629	Balance	-10	12
2026-05-29	13.42	13.64	-8.48	60554158	Balance	-20	15
2026-05-22	12.41	13.64	-16.91	51386096	Deceleration	-35	20
2026-05-15	13.34	13.68	-11.90	74122029	Deceleration	-3	5
2026-05-08	13.73	13.69	-10.92	36807866	Deceleration	-11	12
2026-05-01	13.78	13.67	-9.81	44331470	Deceleration	-14	28
2026-04-24	13.17	13.64	-14.20	62962742	Deceleration	-18	31
2026-04-17	12.92	13.64	-15.61	40627488	Balance	-20	27
2026-04-10	12.67	13.66	-16.02	41764798	Balance	-14	19
2026-04-03	12.42	13.69	-15.60	128422509	Upward Expansion	9	9
2026-03-27	15.30	13.73	3.03	122708045	Upward Expansion	66	48
2026-03-20	14.60	13.70	-2.45	79866539	Upward Expansion	60	65
2026-03-13	14.81	13.69	-4.14	104730703	Upward Expansion	62	68
2026-03-06	15.35	13.69	-1.06	115690691	Rotation Up	78	74
2026-02-27	15.39	13.66	-1.40	102464833	Rotation Up	57	61
2026-02-13	13.96	13.64	-8.47	37920824	Rotation Up	28	35
2026-02-06	13.79	13.70	-9.04	38365460	Rotation Up	18	30
2026-01-30	14.10	13.76	-8.02	46246488	Balance	23	28
2026-01-23	13.96	13.81	-9.16	74532099	Balance	0	14
2026-01-16	14.13	13.80	-7.14	85712752	Balance	-4	11
2026-01-09	13.57	13.77	-11.03	40531466	Downward Expansion	-28	15
2026-01-02	13.07	13.82	-10.85	15035904	Downward Expansion	-47	25
2025-12-26	13.10	13.87	-10.42	23589418	Downward Expansion	-51	32
2025-12-19	12.95	13.95	-9.95	28790958	Downward Expansion	-55	52
2025-12-12	13.33	14.04	-7.26	46583994	Downward Expansion	-56	63
2025-12-05	12.65	14.11	-12.27	16994540	Downward Expansion	-65	68
2025-11-28	12.62	14.20	-12.21	20555173	Downward Expansion	-66	42
2025-11-21	12.32	14.30	-13.10	38186498	Downward Expansion	-68	32
2025-11-14	13.98	14.52	-5.28	52323788	Downward Expansion	-24	19
2025-11-07	14.46	14.50	-2.04	93987345	Downward Expansion	-16	17
2025-10-31	13.78	14.40	-5.56	49532360	Downward Expansion	-38	23
2025-10-24	13.49	14.34	-7.47	30230760	Downward Expansion	-45	31
2025-10-17	13.55	14.25	-4.19	47226077	Downward Expansion	-57	45
2025-10-10	13.86	14.17	-3.26	37053742	Rotation Down	-34	52
2025-10-03	12.88	14.07	-9.46	10866612	Rotation Down	-44	64
2025-09-26	13.12	13.99	-6.24	33144809	Rotation Down	-38	55
2025-09-19	13.07	13.89	-6.15	31729251	Rotation Down	-42	55
2025-09-12	13.48	13.79	-4.32	30839147	Balance	-24	38
2025-09-05	13.52	13.68	-2.30	40679434	Balance	-4	22
2025-08-29	13.64	13.57	-2.26	68511834	Balance	-1	11
2025-08-22	14.47	13.45	4.94	60229331	Balance	16	13
2025-08-15	14.22	13.29	7.29	54084466	Balance	18	11
2025-08-08	14.85	13.15	14.52	57618376	Upward Expansion	37	22
2025-08-01	14.47	12.96	14.58	47384282	Upward Expansion	49	33
2025-07-25	14.82	12.81	16.84	101131514	Upward Expansion	51	35
2025-07-18	15.90	12.73	28.17	136600283	Deceleration	56	32
2025-07-11	15.45	12.57	26.41	228861631	Deceleration	50	23
2025-07-04	15.73	12.43	30.90	179728847	Deceleration	43	20
2025-06-27	13.62	12.29	15.53	50775228	Deceleration	32	19
2025-06-20	13.27	12.20	14.81	88715693	Deceleration	36	19
2025-06-13	14.85	12.11	28.21	158401717	Deceleration	42	29
2025-06-06	14.78	11.97	27.80	87001676	Upward Expansion	45	35
2025-05-30	15.23	11.88	33.88	189426204	Upward Expansion	58	44
2025-05-23	15.80	11.75	39.65	329237293	Upward Expansion	62	52
2025-05-16	15.42	11.56	36.04	259038413	Upward Expansion	64	77
2025-05-09	15.30	11.39	36.65	241519723	Upward Expansion	66	84
2025-05-02	15.59	11.19	42.70	204526924	Upward Expansion	72	86
2025-04-25	19.01	11.00	75.40	333213608	Upward Expansion	97	98
2025-04-18	13.45	10.66	27.24	272446908	Upward Expansion	89	82
2025-04-11	11.31	10.50	9.40	173199308	Upward Expansion	59	64
2025-04-04	11.95	10.39	12.49	99234959	Deceleration	79	71
2025-03-28	11.00	10.26	3.79	137374552	Deceleration	46	35
2025-03-21	11.06	10.16	4.31	81162703	Deceleration	55	31
2025-03-14	10.89	10.06	1.46	74316235	Deceleration	41	21
2025-03-07	10.28	9.97	-2.46	67782178	Deceleration	24	13
2025-02-28	10.25	9.92	-0.90	49787266	Deceleration	23	12
2025-02-21	10.16	9.88	-2.97	38473232	Deceleration	20	12
2025-02-14	10.22	9.84	-0.88	35742720	Deceleration	8	14
2025-02-07	10.06	9.81	-0.55	21822200	Deceleration	5	21
2025-01-31	9.97	9.80	0.56	5665400	Balance	3	24
2025-01-24	9.94	9.82	0.42	36108979	Balance	5	21
2025-01-17	9.89	9.87	0.44	44325827	Balance	8	14
2025-01-10	9.17	9.88	-4.65	48968557	Upward Expansion	13	11
2025-01-03	9.82	9.94	0.71	82886265	Upward Expansion	33	22
2024-12-27	12.46	9.97	20.92	119005691	Upward Expansion	71	49
2024-12-20	11.07	9.92	9.12	54124321	Upward Expansion	53	36
2024-12-13	11.46	9.96	12.45	65262529	Rotation Up	61	39
2024-12-06	11.37	9.98	11.69	67191184	Rotation Up	35	29
2024-11-29	10.83	9.98	9.37	50417128	Rotation Up	31	34
2024-11-22	10.75	9.88	11.00	66871897	Rotation Up	35	50
2024-11-15	10.67	9.78	8.56	120564667	Rotation Up	28	58
2024-11-08	11.88	9.67	17.06	147360537	Rotation Up	48	70
2024-11-01	11.59	9.55	21.19	212399698	Rotation Up	47	55
2024-10-25	10.06	9.45	4.93	109952157	Rotation Up	27	36
2024-10-18	10.35	9.38	9.76	232815522	Downward Expansion	32	34
2024-10-11	9.29	9.31	0.31	115388965	Downward Expansion	-23	26
2024-10-04	9.65	9.25	0.80	33886391	Rotation Down	-22	21
2024-09-27	8.97	9.18	1.55	75244834	Rotation Down	-20	24
2024-09-20	8.56	9.10	9.65	54739386	Rotation Down	-34	45
2024-09-13	8.00	9.04	4.16	30745689	Rotation Down	-39	59
2024-09-06	8.05	8.95	2.82	43849356	Rotation Down	-30	55
2024-08-30	8.10	8.91	0.95	36166328	Rotation Down	-31	55
2024-08-23	7.97	8.90	-0.87	44101100	Rotation Down	-34	52
2024-08-16	8.37	8.90	3.39	67966624	Deceleration	-27	38
2024-08-09	8.77	8.90	9.21	100619218	Deceleration	-3	20
2024-08-02	9.11	8.89	12.12	59375777	Deceleration	5	17
2024-07-26	8.96	8.87	11.14	62925365	Deceleration	14	16
2024-07-19	9.11	8.84	9.77	69910500	Deceleration	26	15
2024-07-12	9.79	8.82	18.52	97410400	Deceleration	39	23
2024-07-05	10.63	8.76	30.04	133538932	Upward Expansion	43	29
2024-06-28	11.36	8.67	38.85	231110868	Upward Expansion	52	34
2024-06-21	10.17	8.55	24.11	97250101	Upward Expansion	56	38
2024-06-14	11.18	8.48	35.56	127324396	Upward Expansion	62	52
2024-06-07	10.48	8.37	27.06	170580914	Upward Expansion	64	77
2024-05-31	10.91	8.28	31.54	310863752	Upward Expansion	66	82
2024-05-24	12.51	8.17	51.82	272216600	Upward Expansion	84	90
2024-05-17	11.87	8.00	42.71	392234184	Upward Expansion	86	83
2024-05-10	11.39	7.84	38.32	192482538	Upward Expansion	83	60
2024-05-03	8.03	7.72	-0.03	21575201	Balance	1	3
2024-04-26	7.65	7.71	-4.06	45898050	Balance	9	9
2024-04-19	7.36	7.71	-6.92	91330904	Balance	7	13
2024-04-12	8.34	7.72	7.08	233650202	Balance	22	29
2024-04-05	8.47	7.70	7.25	32595410	Balance	14	24
2024-03-29	8.18	7.68	4.69	49269900	Balance	9	19
2024-03-22	8.11	7.67	3.68	77807543	Downward Expansion	-15	14
2024-03-15	7.59	7.66	-3.11	93570148	Downward Expansion	-36	20
2024-03-08	7.60	7.70	-2.79	82633997	Downward Expansion	-56	54
2024-03-01	6.43	7.72	-17.26	40788514	Downward Expansion	-64	74
2024-02-23	6.66	7.80	-14.01	40006112	Downward Expansion	-61	72
2024-02-09	5.53	7.88	-25.42	54916751	Downward Expansion	-85	76
2024-02-02	6.62	8.00	-6.58	32147955	Balance	-62	39
2024-01-26	7.88	8.09	4.30	37118114	Balance	1	4
2024-01-19	7.82	8.13	6.61	42815609	Rotation Up	15	17
2024-01-12	8.48	8.16	13.80	62156821	Rotation Up	30	29
2024-01-05	8.61	8.16	14.05	132979070	Rotation Up	31	37
2023-12-29	8.47	8.18	10.87	39096862	Balance	30	34
2023-12-22	7.98	8.18	6.90	55566698	Balance	-5	17
2023-12-15	8.53	8.18	13.34	67685369	Balance	19	26
2023-12-08	7.87	8.17	3.85	15469176	Balance	-12	18
2023-12-01	7.99	8.17	3.25	12836426	Downward Expansion	-12	20
2023-11-24	7.93	8.17	2.19	11947500	Downward Expansion	-28	26
2023-11-17	7.94	8.16	1.85	13021727	Downward Expansion	-34	27
2023-11-10	7.89	8.16	1.75	16646385	Downward Expansion	-43	29
2023-11-03	7.78	8.16	0.63	17135622	Downward Expansion	-61	48
2023-10-27	7.65	8.16	-0.65	16127704	Downward Expansion	-64	70
2023-10-20	7.29	8.19	-4.25	15531101	Downward Expansion	-75	82
2023-10-13	7.29	8.22	-7.53	11189370	Downward Expansion	-78	75
2023-09-29	7.55	8.26	-5.10	9827810	Downward Expansion	-70	64

Price vs TrendBelow-12.8%

Trend directionFalling-9.0%

Price vs current Fair ValueBelow anchor-7.1%

Fair Value directionMoving away-1.3%

Relative Strength vs benchmarkLagging-14.0%

Relative strength directionImproving+10.4%

Price momentumNegative-17.2%

Volume balanceSupply-led0.95×

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

-61 / ±100

-0.8 points since 2026-09-11

Energy

53 /100

+5.3 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.

600505 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance9

Rotation Up26

Upward Expansion9

Deceleration46

Rotation Down52

Downward Expansion83

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 19%Rotation Up 10%Upward Expansion 19%Deceleration 17%Rotation Down 7%Downward Expansion 29%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-07-03	2026-10-09	Established	-4.5%
Balance	2026-05-29	2026-06-26	Developing	-19.5%
Deceleration	2026-04-24	2026-05-22	Developing	-5.8%
Balance	2026-04-10	2026-04-17	New	+2.0%
Upward Expansion	2026-03-13	2026-04-03	New	-16.1%
Rotation Up	2026-02-06	2026-03-06	New	+11.3%
Balance	2026-01-16	2026-01-30	New	-0.2%
Downward Expansion	2025-10-17	2026-01-09	Established	+0.1%
Rotation Down	2025-09-19	2025-10-10	New	+6.0%
Balance	2025-08-15	2025-09-12	Developing	-5.2%
Upward Expansion	2025-07-25	2025-08-08	New	+0.2%
Deceleration	2025-06-13	2025-07-18	Developing	+7.1%
Upward Expansion	2025-04-11	2025-06-06	Developing	+30.6%
Deceleration	2025-02-07	2025-04-04	Developing	+18.9%

Classic Stage Analysis comparison

Stage 1 · Basing59

Stage 2 · Advancing0

Stage 3 · Distribution12

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 000001.SS

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: 84/100
Current Relative Strength: -14.00
Relative Strength direction: Improving
Price momentum: -17.2%
Excess performance vs benchmark: -12.9%
Utilities regime cohort: 74th percentile43 in cohort

Test 600505 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.42×

Latest completed volume relative to typical participation.

Up/down volume0.95×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 2

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+0.0%

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 600505 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 10.47falling

Slow Activity CNY 11.32falling

Trend Reference CNY 12.02-12.8% close margin

Current Fair Value CNY 11.29-7.1% close margin

Structural low CNY 10.10shock / 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 +6.1%

Annualized volatility +45.1%

From structural high -34.1%

From structural low +3.9%

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 000001.SS	Regime survived	Read
Near term	18	+2.5%-6.9% to +37.4%	+72.2%	+27.8%	+2.9%	+66.7%	Usable descriptive sample
Intermediate	7	+4.3%-5.0% to +114.8%	+71.4%	+28.6%	+0.2%	+14.3%	Usable descriptive sample
Extended	5	+4.9%-2.8% to +21.8%	+80.0%	+20.0%	+4.5%	+0.0%	Usable descriptive sample
Full cycle	3	+25.3%+7.8% to +49.3%	+100.0%	+0.0%	+18.8%	+0.0%	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.

600505 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