Weekly structural research · SHZ · Consumer Cyclical

000007 Stage Analysis

Shenzhen Quanxinhao Co., Ltd.

Week ending 2 Oct 2026Close CNY 10.96Tenure DevelopingBenchmark 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: compressed and contracting.

Direction -41−100 bearish to +100 bullish

Energy 26/100directional strength

Maturity 42/100lifecycle context

Confidence 49/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedcontracting separation

Price acceptance +0.0%position within the Activity structure

Fair Value context +41.6%CNY 7.74 · 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
2026-10-02	10.96	12.34	4.44	19822800	Downward Expansion	-41	26
2026-09-25	11.64	12.42	8.18	21862500	Downward Expansion	-16	11
2026-09-18	11.33	12.49	3.61	29396598	Downward Expansion	-23	21
2026-09-11	10.99	12.52	2.36	59872400	Downward Expansion	-25	30
2026-09-04	12.42	12.55	15.91	41578402	Downward Expansion	-12	28
2026-08-28	12.60	12.50	14.81	6470400	Downward Expansion	-21	24
2026-08-21	12.48	12.46	13.31	23936050	Downward Expansion	-37	31
2026-08-14	10.73	12.43	-3.74	9402799	Downward Expansion	-64	76
2026-08-07	9.66	12.47	-12.92	8409000	Downward Expansion	-66	80
2026-07-31	9.22	12.53	-12.35	11972177	Downward Expansion	-74	82
2026-07-24	9.34	12.61	-12.41	8181200	Rotation Down	-75	77
2026-07-17	9.41	12.69	-11.25	10321300	Rotation Down	-49	61
2026-07-10	11.10	12.72	-4.59	7131900	Balance	-28	27
2026-07-03	12.10	12.69	0.43	6676584	Balance	2	4
2026-06-26	12.66	12.61	3.94	6234212	Balance	8	5
2026-06-19	13.68	12.51	10.70	37054296	Balance	15	13
2026-06-12	14.08	12.38	22.28	10759600	Balance	17	21
2026-06-05	12.31	12.23	4.79	8472701	Balance	2	22
2026-05-29	11.33	12.10	-5.12	63520327	Upward Expansion	6	10
2026-05-22	12.46	11.96	4.07	77713836	Upward Expansion	35	29
2026-05-15	12.69	11.78	6.45	126361670	Upward Expansion	56	46
2026-05-08	17.21	11.60	44.76	51371462	Upward Expansion	91	89
2026-05-01	15.51	11.27	35.86	37510226	Upward Expansion	84	65
2026-04-24	13.85	10.99	23.64	25324442	Upward Expansion	65	44
2026-04-17	13.59	10.76	22.70	32679450	Upward Expansion	62	42
2026-04-10	13.68	10.56	29.52	29220672	Upward Expansion	66	47
2026-04-03	12.37	10.36	26.69	29158150	Upward Expansion	61	50
2026-03-27	13.24	10.20	32.78	32939605	Upward Expansion	65	66
2026-03-20	14.02	10.02	40.94	49369979	Upward Expansion	76	84
2026-03-13	13.69	9.79	35.19	46581437	Upward Expansion	75	83
2026-03-06	13.27	9.59	33.39	42252882	Upward Expansion	73	78
2026-02-27	13.62	9.38	35.15	36050021	Upward Expansion	82	66
2026-02-13	12.41	9.17	27.83	41826815	Upward Expansion	72	51
2026-02-06	11.82	8.99	24.34	39394725	Upward Expansion	64	45
2026-01-30	10.88	8.84	12.66	42215749	Upward Expansion	59	46
2026-01-23	11.54	8.72	17.83	36936073	Upward Expansion	63	54
2026-01-16	11.30	8.59	17.09	53474973	Upward Expansion	65	59
2026-01-09	12.18	8.47	27.98	60414724	Upward Expansion	80	80
2026-01-02	11.44	8.32	26.11	25773100	Upward Expansion	73	76
2025-12-26	11.39	8.22	25.47	50786724	Upward Expansion	77	71
2025-12-19	11.75	8.10	34.67	121534708	Upward Expansion	90	80
2025-12-12	10.55	7.97	20.67	71064310	Upward Expansion	80	77
2025-12-05	9.95	7.86	15.16	77160259	Upward Expansion	73	86
2025-11-28	9.88	7.77	16.10	55926063	Upward Expansion	77	91
2025-11-21	9.50	7.66	15.87	69010204	Upward Expansion	72	87
2025-11-14	9.79	7.59	13.65	113600753	Upward Expansion	86	89
2025-11-07	9.67	7.47	10.91	91503294	Upward Expansion	87	79
2025-10-31	8.30	7.34	-4.47	74865040	Balance	57	32
2025-10-24	7.38	7.27	-14.55	25973567	Balance	-15	10
2025-10-17	7.04	7.23	-14.96	30892295	Balance	-26	28
2025-10-10	7.33	7.20	-16.07	19241021	Deceleration	10	14
2025-10-03	7.29	7.17	-17.81	19933795	Deceleration	11	14
2025-09-26	6.94	7.14	-20.12	31202173	Deceleration	0	9
2025-09-19	7.14	7.12	-17.24	36860983	Deceleration	12	8
2025-09-12	7.57	7.10	-11.60	27230579	Deceleration	41	30
2025-09-05	7.50	7.07	-10.11	41094229	Deceleration	37	29
2025-08-29	7.56	7.05	-10.11	43796883	Deceleration	39	30
2025-08-22	7.78	7.03	-3.35	62274502	Deceleration	46	27
2025-08-15	7.33	7.00	-4.43	43553441	Deceleration	18	10
2025-08-08	7.52	6.99	2.78	50014899	Deceleration	23	15
2025-08-01	7.11	6.97	-1.27	28272381	Deceleration	19	20
2025-07-25	7.28	6.95	-0.28	40583315	Deceleration	25	23
2025-07-18	7.10	6.94	-0.34	29830955	Deceleration	27	23
2025-07-11	7.13	6.94	2.31	32681618	Deceleration	35	23
2025-07-04	7.35	6.94	7.55	29414437	Upward Expansion	42	28
2025-06-27	7.67	6.94	13.98	24523486	Upward Expansion	59	46
2025-06-20	7.56	6.92	17.25	25651201	Upward Expansion	62	60
2025-06-13	7.94	6.90	22.62	36290987	Upward Expansion	66	77
2025-06-06	8.28	6.87	28.11	32559451	Rotation Up	82	85
2025-05-30	7.86	6.85	24.47	34052113	Rotation Up	51	70
2025-05-23	7.87	6.81	24.45	43242917	Rotation Up	45	62
2025-05-16	7.32	6.79	16.21	44270107	Balance	32	37
2025-05-09	7.10	6.76	14.26	39611432	Balance	24	26
2025-05-02	6.72	6.74	11.59	52628180	Downward Expansion	-23	16
2025-04-25	7.16	6.74	19.59	87732563	Downward Expansion	-15	11
2025-04-18	6.16	6.71	5.31	56913710	Downward Expansion	-60	50
2025-04-11	5.92	6.69	1.50	31568329	Rotation Down	-72	62
2025-04-04	6.20	6.65	1.26	12387899	Rotation Down	-37	48
2025-03-28	6.20	6.60	-0.66	32389901	Rotation Down	-37	48
2025-03-21	6.26	6.55	-0.09	21374240	Rotation Down	-37	52
2025-03-14	6.35	6.48	-1.00	23599255	Deceleration	-23	41
2025-03-07	6.37	6.42	0.95	20853918	Deceleration	-4	29
2025-02-28	6.24	6.36	1.51	26136583	Deceleration	-9	24
2025-02-21	6.49	6.31	2.51	20117302	Deceleration	3	7
2025-02-14	6.67	6.27	8.22	27702980	Deceleration	17	11
2025-02-07	6.95	6.22	15.25	17660172	Deceleration	34	21
2025-01-31	6.95	6.17	20.56	4630310	Deceleration	24	16
2025-01-24	6.90	6.11	18.80	22682497	Deceleration	32	16
2025-01-17	7.10	6.04	24.61	20666792	Deceleration	39	20
2025-01-10	6.77	5.96	24.02	20865706	Deceleration	35	19
2025-01-03	6.60	5.89	20.31	27014301	Upward Expansion	40	25
2024-12-27	7.10	5.83	20.81	35036147	Upward Expansion	54	35
2024-12-20	7.01	5.76	20.02	57211942	Upward Expansion	57	39
2024-12-13	7.26	5.68	24.08	51857727	Upward Expansion	62	43
2024-12-06	7.16	5.59	22.22	43616102	Upward Expansion	60	45
2024-11-29	7.26	5.49	26.68	43544459	Upward Expansion	66	51
2024-11-22	6.77	5.38	20.85	37313925	Upward Expansion	62	51
2024-11-15	7.21	5.29	25.65	58230551	Upward Expansion	67	59
2024-11-08	7.46	5.17	25.97	165029340	Upward Expansion	78	65
2024-11-01	6.73	5.07	21.95	60332088	Upward Expansion	67	66
2024-10-25	7.29	4.99	30.77	58633070	Upward Expansion	86	94
2024-10-18	6.58	4.90	21.87	53907592	Upward Expansion	73	88
2024-10-11	6.46	4.83	24.03	99497759	Upward Expansion	76	89
2024-10-04	6.77	4.76	25.11	19452091	Upward Expansion	91	93
2024-09-27	6.15	4.68	26.68	56204930	Deceleration	81	73
2024-09-20	5.45	4.61	33.25	38932904	Deceleration	55	32
2024-09-13	4.74	4.56	18.16	11108357	Deceleration	8	12
2024-09-06	4.73	4.54	16.29	11936550	Deceleration	5	18
2024-08-30	4.63	4.52	11.20	19939387	Deceleration	-15	25
2024-08-23	4.20	4.52	3.19	11479007	Deceleration	-3	21
2024-08-16	4.50	4.52	8.47	10047050	Deceleration	18	17
2024-08-09	4.67	4.52	12.49	15651139	Upward Expansion	40	25
2024-08-02	4.88	4.53	15.86	21993950	Upward Expansion	58	54
2024-07-26	5.19	4.53	23.15	24007600	Upward Expansion	61	70
2024-07-19	5.23	4.52	20.49	32077606	Upward Expansion	67	68
2024-07-12	5.32	4.51	24.04	70562981	Upward Expansion	71	53
2024-07-05	5.20	4.49	24.42	115579951	Rotation Up	71	44
2024-06-28	4.74	4.49	12.71	7119250	Rotation Up	28	26
2024-06-21	4.61	4.50	7.89	5973500	Rotation Up	32	49
2024-06-14	4.84	4.51	11.71	7191667	Rotation Up	27	50
2024-06-07	4.75	4.52	10.35	12211789	Rotation Up	23	37
2024-05-31	5.01	4.53	15.67	15037147	Downward Expansion	34	32
2024-05-24	4.70	4.52	8.38	16636452	Downward Expansion	2	10
2024-05-17	4.36	4.53	-1.91	12732888	Downward Expansion	-43	23
2024-05-10	4.13	4.53	-7.35	10238208	Downward Expansion	-51	52
2024-05-03	4.24	4.54	-3.68	7858950	Downward Expansion	-51	49
2024-04-26	4.01	4.56	-8.29	18400169	Downward Expansion	-51	44
2024-04-19	3.46	4.57	-20.00	20789933	Downward Expansion	-70	38
2024-04-12	4.43	4.62	1.90	9199228	Downward Expansion	-23	18
2024-04-05	4.55	4.64	0.48	7692695	Downward Expansion	-24	20
2024-03-29	4.47	4.66	-0.57	8458268	Downward Expansion	-32	21
2024-03-22	4.59	4.68	-0.47	16221439	Downward Expansion	-37	23
2024-03-15	4.40	4.70	-5.79	23136130	Downward Expansion	-57	39
2024-03-08	4.23	4.71	-7.80	24082193	Downward Expansion	-63	56
2024-03-01	3.93	4.73	-15.58	20495076	Downward Expansion	-74	75
2024-02-23	4.12	4.77	-8.79	12771924	Downward Expansion	-69	74
2024-02-09	4.02	4.80	-9.14	8508756	Downward Expansion	-79	80
2024-02-02	4.21	4.82	3.46	15467525	Downward Expansion	-74	75
2024-01-26	4.47	4.83	0.58	9687764	Balance	-61	62
2024-01-19	4.27	4.80	-4.74	5508550	Balance	-45	47
2024-01-12	4.66	4.78	0.77	5117656	Balance	12	11
2024-01-05	4.90	4.75	3.83	4410300	Balance	30	12
2023-12-29	4.87	4.72	-1.93	3753200	Balance	30	15
2023-12-22	4.85	4.69	0.13	5634062	Upward Expansion	34	16
2023-12-15	4.98	4.68	0.31	7062700	Upward Expansion	39	21
2023-12-08	4.84	4.66	-4.72	5703154	Upward Expansion	48	26
2023-12-01	5.02	4.67	-3.60	10987540	Upward Expansion	53	46
2023-11-24	4.99	4.68	-6.06	5184374	Upward Expansion	56	56
2023-11-17	5.02	4.74	-7.55	4468940	Balance	55	50
2023-11-10	5.00	4.82	-8.63	9271699	Balance	16	22
2023-11-03	5.18	4.91	-5.02	13399565	Balance	5	10
2023-10-27	4.81	4.99	-11.65	18312927	Downward Expansion	-32	20
2023-10-20	4.75	5.09	-11.60	32247314	Downward Expansion	-51	34
2023-10-13	4.52	5.19	-20.73	9983734	Downward Expansion	-58	43
2023-09-29	4.50	5.30	-22.11	5017900	Balance	-51	40
2023-09-22	4.60	5.40	-21.61	14144894	Balance	-43	30

Price vs TrendBelow-11.2%

Trend directionFalling-2.1%

Price vs current Fair ValuePremium+41.6%

Fair Value directionMoving away-25.8%

Relative Strength vs benchmarkLeading+4.4%

Relative strength directionImproving+4.0%

Price momentumNegative-11.4%

Volume balanceSupply-led0.63×

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

-41 / ±100

-29.0 points since 2026-09-04

Energy

26 /100

-1.8 points since 2026-09-04

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

000007 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance45

Rotation Up23

Upward Expansion17

Deceleration58

Rotation Down43

Downward Expansion60

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

2023-09-22 to 2026-10-02 · 156 classified observations out of 156 shown.

Balance 14%Rotation Up 5%Upward Expansion 37%Deceleration 20%Rotation Down 4%Downward Expansion 21%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-07-31	2026-10-02	Developing	+18.9%
Rotation Down	2026-07-17	2026-07-24	New	-0.7%
Balance	2026-06-05	2026-07-10	Developing	-9.8%
Upward Expansion	2025-11-07	2026-05-29	Extended	+17.2%
Balance	2025-10-17	2025-10-31	New	+17.9%
Deceleration	2025-07-11	2025-10-10	Established	+2.8%
Upward Expansion	2025-06-13	2025-07-04	New	-7.4%
Rotation Up	2025-05-23	2025-06-06	New	+5.2%
Balance	2025-05-09	2025-05-16	New	+3.1%
Downward Expansion	2025-04-18	2025-05-02	New	+9.1%
Rotation Down	2025-03-21	2025-04-11	New	-5.4%
Deceleration	2025-01-10	2025-03-14	Developing	-6.2%
Upward Expansion	2024-10-04	2025-01-03	Established	-2.5%
Deceleration	2024-08-16	2024-09-27	Developing	+36.7%

Classic Stage Analysis comparison

Stage 1 · Basing38

Stage 2 · Advancing23

Stage 3 · Distribution52

Stage 4 · Declining77

Legacy result: Stage 3 · Stage 3B · Distribution. 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

Leading benchmark

Architecture confirmation: 41/100
Current Relative Strength: 4.44
Relative Strength direction: Improving
Price momentum: -11.4%
Excess performance vs benchmark: -7.9%
Consumer Cyclical regime cohort: 10th percentile186 in cohort

Test 000007 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.85×

Latest completed volume relative to typical participation.

Up/down volume0.63×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

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 000007 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 11.32falling

Slow Activity CNY 11.75falling

Trend Reference CNY 12.34-11.2% close margin

Current Fair Value CNY 7.74+41.6% close margin

Structural low CNY 8.78shock / 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 +9.8%

Annualized volatility +72.3%

From structural high -38.4%

From structural low +59.3%

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	13	+3.4%-23.3% to +40.5%	+61.5%	+38.5%	+5.7%	+69.2%	Usable descriptive sample
Intermediate	5	+5.5%-9.9% to +15.3%	+60.0%	+40.0%	+3.7%	+40.0%	Usable descriptive sample
Extended	3	+10.9%-5.0% to +14.3%	+66.7%	+33.3%	+6.7%	+0.0%	Too little matched history
Full cycle	2	+23.8%-24.2% to +71.9%	+50.0%	+50.0%	+28.9%	+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.

000007 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

Leading 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 ?

Leading 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