Weekly structural research · SHZ · Industrials

300324 Stage Analysis

Beijing Watertek Information Technology Co., Ltd.

Week ending 9 Oct 2026Close CNY 3.72Tenure ExtendedBenchmark 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: moderate and contracting.

Direction -39−100 bearish to +100 bullish

Energy 23/100directional strength

Maturity 100/100lifecycle context

Confidence 75/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderatecontracting separation

Price acceptance -50.0%position within the Activity structure

Fair Value context -7.4%CNY 4.02 · 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	3.72	4.11	-15.53	131118655	Downward Expansion	-39	23
2026-10-02	3.68	4.18	-18.88	235142255	Downward Expansion	-46	34
2026-09-25	3.84	4.23	-18.98	655777026	Downward Expansion	-60	45
2026-09-18	3.38	4.30	-31.44	118192513	Downward Expansion	-74	73
2026-09-11	3.42	4.37	-30.87	108647717	Downward Expansion	-75	63
2026-09-04	3.58	4.44	-28.90	24538202	Downward Expansion	-64	55
2026-08-28	3.53	4.53	-32.92	27919659	Downward Expansion	-71	55
2026-08-21	3.65	4.62	-32.26	21173457	Downward Expansion	-53	46
2026-08-14	3.74	4.71	-32.57	26958837	Downward Expansion	-60	55
2026-08-07	3.78	4.80	-32.27	36673027	Downward Expansion	-63	61
2026-07-31	3.73	4.88	-30.13	58301300	Downward Expansion	-65	64
2026-07-24	3.37	4.96	-38.29	26169063	Downward Expansion	-82	77
2026-07-17	3.48	5.04	-36.53	46760175	Downward Expansion	-83	79
2026-07-10	3.98	5.13	-34.46	79017418	Downward Expansion	-67	82
2026-07-03	3.81	5.20	-40.09	39650760	Downward Expansion	-72	89
2026-06-26	3.72	5.27	-42.65	52703097	Downward Expansion	-81	92
2026-06-19	4.00	5.33	-39.75	169790724	Downward Expansion	-74	88
2026-06-12	3.87	5.38	-37.94	46132643	Downward Expansion	-84	86
2026-06-05	4.20	5.44	-34.58	40467515	Downward Expansion	-76	61
2026-05-29	4.49	5.51	-31.55	211918647	Downward Expansion	-58	35
2026-05-22	4.94	5.55	-25.07	245984515	Downward Expansion	-39	25
2026-05-15	4.91	5.57	-25.54	267292983	Downward Expansion	-44	32
2026-05-08	5.13	5.62	-22.44	181979563	Downward Expansion	-47	37
2026-05-01	4.92	5.66	-23.51	186856456	Downward Expansion	-61	50
2026-04-24	4.61	5.72	-27.62	219689858	Downward Expansion	-68	73
2026-04-17	4.79	5.81	-24.69	173818353	Downward Expansion	-63	73
2026-04-10	4.74	5.89	-22.67	170993092	Downward Expansion	-66	74
2026-04-03	4.35	5.95	-24.14	175804826	Downward Expansion	-81	78
2026-03-27	4.91	6.02	-17.16	214520842	Downward Expansion	-72	69
2026-03-20	5.10	6.07	-14.92	243975330	Downward Expansion	-68	60
2026-03-13	5.60	6.08	-9.64	338696702	Downward Expansion	-53	54
2026-03-06	5.31	6.06	-14.15	276060393	Balance	-64	57
2026-02-27	5.85	6.04	-7.79	220559507	Balance	-45	31
2026-02-13	5.55	6.01	-9.94	210597740	Balance	-16	16
2026-02-06	5.54	5.98	-8.81	345991300	Deceleration	4	4
2026-01-30	6.16	5.96	-0.47	639578315	Deceleration	41	33
2026-01-23	6.47	5.92	3.43	540793900	Deceleration	56	39
2026-01-16	6.25	5.85	1.65	962282021	Deceleration	50	33
2026-01-09	6.56	5.77	8.48	670134315	Deceleration	62	36
2026-01-02	5.98	5.68	3.95	230417834	Deceleration	34	21
2025-12-26	6.15	5.62	6.92	457912619	Deceleration	37	25
2025-12-19	5.90	5.54	6.74	395854146	Deceleration	28	20
2025-12-12	6.25	5.46	12.30	775791238	Deceleration	34	17
2025-12-05	6.02	5.38	9.43	484732523	Deceleration	11	10
2025-11-28	5.92	5.31	9.29	583418673	Deceleration	9	13
2025-11-21	5.39	5.23	3.45	533085819	Deceleration	2	11
2025-11-14	5.62	5.17	2.66	300807144	Deceleration	12	13
2025-11-07	5.69	5.10	2.78	376754283	Deceleration	26	21
2025-10-31	6.14	5.04	11.30	556955744	Deceleration	30	22
2025-10-24	5.87	4.96	7.65	419363203	Deceleration	33	24
2025-10-17	5.51	4.91	6.26	485578517	Upward Expansion	39	24
2025-10-10	6.22	4.88	14.49	310497155	Upward Expansion	58	45
2025-10-03	6.54	4.84	19.84	229725103	Upward Expansion	64	56
2025-09-26	6.47	4.81	22.50	991373135	Upward Expansion	66	59
2025-09-19	7.50	4.75	44.97	1481938158	Upward Expansion	81	82
2025-09-12	7.14	4.63	41.56	1209634731	Upward Expansion	81	86
2025-09-05	6.63	4.53	36.79	2199015233	Upward Expansion	78	84
2025-08-29	6.43	4.43	33.19	1687914491	Upward Expansion	84	86
2025-08-22	6.35	4.32	38.98	1535940423	Upward Expansion	90	79
2025-08-15	5.47	4.22	26.83	1015063247	Upward Expansion	81	61
2025-08-08	4.98	4.14	22.02	748346938	Upward Expansion	69	55
2025-08-01	4.72	4.08	18.29	495368559	Upward Expansion	64	68
2025-07-25	4.98	4.02	23.96	668881697	Upward Expansion	76	81
2025-07-18	4.70	3.98	21.05	496402506	Upward Expansion	67	76
2025-07-11	4.69	3.96	24.67	763234976	Upward Expansion	69	73
2025-07-04	5.06	3.95	38.38	1587804765	Balance	80	65
2025-06-27	4.30	3.92	20.55	665044215	Balance	50	30
2025-06-20	3.99	3.91	17.36	659096837	Balance	11	11
2025-06-13	3.90	3.90	14.56	431367470	Balance	3	6
2025-06-06	3.92	3.90	15.53	305755848	Balance	1	5
2025-05-30	3.78	3.92	14.10	307304764	Deceleration	-1	6
2025-05-23	3.73	3.92	12.38	446906903	Deceleration	-12	12
2025-05-16	3.78	3.92	14.15	331713116	Deceleration	-14	17
2025-05-09	3.85	3.91	17.61	371734629	Deceleration	-15	22
2025-05-02	3.65	3.88	14.81	170543870	Deceleration	-17	27
2025-04-25	3.52	3.86	11.11	340596770	Deceleration	-12	27
2025-04-18	3.51	3.83	12.81	378194580	Deceleration	6	23
2025-04-11	3.72	3.79	19.63	611456749	Deceleration	19	19
2025-04-04	4.01	3.74	22.99	267880229	Upward Expansion	44	29
2025-03-28	4.17	3.68	25.60	429507261	Upward Expansion	62	60
2025-03-21	4.69	3.62	40.85	645413497	Upward Expansion	66	79
2025-03-14	4.98	3.53	46.52	1042599472	Upward Expansion	69	81
2025-03-07	5.64	3.44	69.29	2416016220	Upward Expansion	88	87
2025-02-28	4.67	3.32	45.32	1656041092	Upward Expansion	76	64
2025-02-21	4.07	3.24	23.44	768942114	Deceleration	49	36
2025-02-14	4.13	3.18	28.71	1006076484	Deceleration	46	24
2025-02-07	3.55	3.10	13.40	398155858	Deceleration	2	15
2025-01-31	3.11	3.06	3.76	49813453	Deceleration	-4	24
2025-01-24	3.19	3.03	4.79	231139703	Deceleration	1	23
2025-01-17	3.25	2.98	7.92	278993531	Deceleration	6	22
2025-01-10	3.06	2.94	5.17	293438691	Deceleration	16	19
2025-01-03	3.07	2.91	4.16	273790530	Upward Expansion	30	19
2024-12-27	3.63	2.87	14.01	460161527	Upward Expansion	58	43
2024-12-20	4.29	2.83	34.75	603491159	Upward Expansion	65	52
2024-12-13	4.30	2.77	34.49	788373713	Upward Expansion	69	55
2024-12-06	4.25	2.71	32.22	649236239	Upward Expansion	72	57
2024-11-29	3.92	2.65	24.14	395632248	Upward Expansion	64	57
2024-11-22	3.78	2.61	21.63	466872922	Upward Expansion	65	60
2024-11-15	3.90	2.58	21.69	684784765	Upward Expansion	67	77
2024-11-08	4.34	2.53	30.18	995242514	Upward Expansion	89	94
2024-11-01	3.69	2.47	18.38	1025255786	Upward Expansion	78	90
2024-10-25	3.78	2.45	19.37	1367606371	Upward Expansion	90	95
2024-10-18	3.48	2.42	12.59	995602637	Rotation Up	89	90
2024-10-11	2.94	2.41	-2.18	752917357	Rotation Up	48	70
2024-10-04	3.13	2.42	-0.65	227054202	Rotation Up	53	68
2024-09-27	2.66	2.41	-6.54	589615584	Balance	15	26
2024-09-20	2.30	2.41	-4.88	184881260	Balance	-9	8
2024-09-13	2.21	2.42	-7.68	373566911	Balance	-16	11
2024-09-06	2.29	2.42	-6.11	359026361	Balance	-16	12
2024-08-30	2.19	2.42	-12.56	228347948	Downward Expansion	-30	15
2024-08-23	2.20	2.45	-10.50	317045072	Downward Expansion	-33	17
2024-08-16	2.22	2.48	-11.59	242887812	Deceleration	-36	21
2024-08-09	2.13	2.51	-15.70	262509071	Deceleration	-41	30
2024-08-02	2.20	2.55	-14.65	482399705	Downward Expansion	-44	32
2024-07-26	2.07	2.59	-20.16	259626232	Downward Expansion	-56	39
2024-07-19	1.95	2.63	-27.52	233329792	Downward Expansion	-69	49
2024-07-12	2.16	2.68	-19.60	506928536	Downward Expansion	-61	47
2024-07-05	2.25	2.72	-15.02	773121232	Downward Expansion	-64	61
2024-06-28	1.89	2.77	-30.08	245347308	Downward Expansion	-78	90
2024-06-21	1.97	2.83	-29.17	180964974	Downward Expansion	-78	88
2024-06-14	2.05	2.90	-28.15	131481355	Downward Expansion	-79	86
2024-06-07	2.01	2.96	-29.86	295155104	Downward Expansion	-82	77
2024-05-31	2.37	3.01	-18.56	132057788	Downward Expansion	-67	61
2024-05-24	2.35	3.04	-19.91	161767827	Downward Expansion	-70	54
2024-05-17	2.58	3.08	-14.80	157986178	Downward Expansion	-57	41
2024-05-10	2.62	3.12	-13.76	173292621	Downward Expansion	-55	53
2024-05-03	2.70	3.14	-9.83	75298819	Downward Expansion	-52	48
2024-04-26	2.69	3.15	-8.97	223593585	Downward Expansion	-50	43
2024-04-19	2.41	3.16	-16.89	206294350	Downward Expansion	-65	40
2024-04-12	2.70	3.18	-6.57	129295949	Downward Expansion	-41	19
2024-04-05	2.92	3.19	-2.28	100999816	Downward Expansion	-23	22
2024-03-29	3.00	3.19	2.00	248220976	Downward Expansion	-24	23
2024-03-22	3.22	3.19	7.79	457264264	Downward Expansion	-21	22
2024-03-15	3.18	3.18	6.27	853083505	Downward Expansion	-35	23
2024-03-08	2.74	3.18	-5.73	395174754	Downward Expansion	-62	58
2024-03-01	2.74	3.19	-6.21	275305118	Downward Expansion	-66	82
2024-02-23	2.66	3.20	-5.13	236384269	Rotation Down	-67	86
2024-02-09	2.25	3.21	-17.42	234264010	Rotation Down	-63	84
2024-02-02	2.33	3.24	-6.38	193898057	Rotation Down	-66	78
2024-01-26	2.98	3.27	10.38	146836617	Rotation Down	-36	59
2024-01-19	2.99	3.28	11.16	106198418	Deceleration	-37	50
2024-01-12	3.19	3.29	16.53	107083761	Deceleration	-23	26
2024-01-05	3.22	3.29	16.84	89296421	Deceleration	9	17
2023-12-29	3.38	3.29	18.15	105303549	Deceleration	23	19
2023-12-22	3.31	3.28	20.28	142563126	Deceleration	26	17
2023-12-15	3.50	3.27	25.79	182938708	Upward Expansion	40	24
2023-12-08	3.55	3.26	26.14	178452572	Upward Expansion	55	37
2023-12-01	3.67	3.24	28.98	213014302	Upward Expansion	60	49
2023-11-24	3.72	3.22	29.88	444959162	Upward Expansion	62	60
2023-11-17	3.84	3.21	32.94	701584230	Upward Expansion	72	71
2023-11-10	3.89	3.20	35.60	607970056	Upward Expansion	81	77
2023-11-03	3.55	3.18	26.13	374295586	Rotation Up	65	70
2023-10-27	3.47	3.18	24.92	532497107	Rotation Up	33	54
2023-10-20	3.53	3.18	30.39	914862138	Rotation Up	42	50
2023-10-13	3.55	3.17	25.46	1057031604	Downward Expansion	36	32
2023-09-29	3.19	3.16	12.81	706171964	Downward Expansion	-17	13

Price vs TrendBelow-9.5%

Trend directionFalling-15.7%

Price vs current Fair ValueBelow anchor-7.4%

Fair Value directionMoving away-7.7%

Relative Strength vs benchmarkLagging-15.5%

Relative strength directionImproving+18.9%

Price momentumNegative-21.5%

Volume balanceDemand-led1.48×

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

-39 / ±100

+36.1 points since 2026-09-11

Energy

23 /100

-40.3 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.

300324 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance40

Rotation Up27

Upward Expansion19

Deceleration47

Rotation Down32

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

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

Balance 8%Rotation Up 4%Upward Expansion 24%Deceleration 24%Rotation Down 3%Downward Expansion 37%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-03-13	2026-10-09	Extended	-33.6%
Balance	2026-02-13	2026-03-06	New	-4.3%
Deceleration	2025-10-24	2026-02-06	Established	-5.6%
Upward Expansion	2025-07-11	2025-10-17	Established	+17.5%
Balance	2025-06-06	2025-07-04	Developing	+29.1%
Deceleration	2025-04-11	2025-05-30	Developing	+1.6%
Upward Expansion	2025-02-28	2025-04-04	Developing	-14.1%
Deceleration	2025-01-10	2025-02-21	Developing	+33.0%
Upward Expansion	2024-10-25	2025-01-03	Developing	-18.8%
Rotation Up	2024-10-04	2024-10-18	New	+11.2%
Balance	2024-09-06	2024-09-27	New	+16.2%
Downward Expansion	2024-08-23	2024-08-30	New	-0.5%
Deceleration	2024-08-09	2024-08-16	New	+4.2%
Downward Expansion	2024-03-01	2024-08-02	Established	-19.7%

Classic Stage Analysis comparison

Stage 1 · Basing56

Stage 2 · Advancing0

Stage 3 · Distribution16

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: 76/100
Current Relative Strength: -15.53
Relative Strength direction: Improving
Price momentum: -21.5%
Excess performance vs benchmark: -9.9%
Industrials regime cohort: 21th percentile428 in cohort

Test 300324 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.22×

Latest completed volume relative to typical participation.

Up/down volume1.48×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 3

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+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 300324 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 3.67rising

Slow Activity CNY 3.84falling

Trend Reference CNY 4.11-9.5% close margin

Current Fair Value CNY 4.02-7.4% close margin

Structural low CNY 3.32shock / 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 +7.4%

Annualized volatility +42.0%

From structural high -47.7%

From structural low +12.0%

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	24	+2.6%-18.1% to +17.7%	+54.2%	+45.8%	+1.7%	+79.2%	Usable descriptive sample
Intermediate	8	+1.0%-30.9% to +79.0%	+50.0%	+50.0%	+0.8%	+50.0%	Usable descriptive sample
Extended	6	-6.8%-38.9% to +113.2%	+33.3%	+66.7%	+1.0%	+50.0%	Usable descriptive sample
Full cycle	3	-2.8%-26.5% to +193.6%	+33.3%	+66.7%	-4.0%	+33.3%	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.

300324 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