Weekly structural research · SHH · Industrials

600082 Stage Analysis

Tianjin Hi-Tech Development Co., Ltd.

Week ending 2 Oct 2026Close CNY 3.32Tenure NewBenchmark 000001.SS

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Balance · Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

The Trend gate is mixed within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: moderate and expanding.

Direction 34−100 bearish to +100 bullish

Energy 46/100directional strength

Maturity 8/100lifecycle context

Confidence 81/100evidence agreement

Trend gate Mixedstructural direction

Activity structure Moderateexpanding separation

Price acceptance +50.0%position within the Activity structure

Fair Value context +3.0%CNY 3.22 · 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
2026-10-02	3.32	3.16	-6.16	32462454	Balance	34	46
2026-09-25	3.31	3.18	-7.89	35343755	Balance	16	28
2026-09-18	3.16	3.21	-13.03	69982951	Downward Expansion	2	14
2026-09-11	2.96	3.25	-18.58	23028254	Downward Expansion	-31	21
2026-09-04	2.99	3.29	-19.14	5879201	Downward Expansion	-34	23
2026-08-28	2.98	3.33	-20.30	5701600	Downward Expansion	-40	27
2026-08-21	2.83	3.38	-23.83	7844200	Downward Expansion	-44	33
2026-08-14	2.86	3.42	-23.96	3891800	Downward Expansion	-50	45
2026-08-07	2.83	3.47	-25.51	8904756	Downward Expansion	-61	52
2026-07-31	2.84	3.51	-23.77	16210400	Downward Expansion	-63	61
2026-07-24	2.50	3.55	-33.09	3155910	Downward Expansion	-77	76
2026-07-17	2.67	3.60	-28.27	6143400	Downward Expansion	-73	78
2026-07-10	2.79	3.64	-29.99	6984000	Downward Expansion	-68	74
2026-07-03	2.95	3.71	-27.44	8188910	Downward Expansion	-64	74
2026-06-26	2.69	3.77	-34.06	7559200	Downward Expansion	-78	79
2026-06-19	2.99	3.84	-28.39	34504700	Downward Expansion	-68	67
2026-06-12	3.05	3.91	-26.38	7299000	Downward Expansion	-67	44
2026-06-05	3.20	3.98	-23.52	12935411	Downward Expansion	-49	24
2026-05-29	3.37	4.03	-20.75	72795755	Downward Expansion	-36	25
2026-05-22	3.77	4.06	-12.71	75140925	Downward Expansion	-30	24
2026-05-15	3.85	4.08	-11.46	117551220	Downward Expansion	-36	22
2026-05-08	3.78	4.09	-14.08	83305589	Downward Expansion	-59	45
2026-05-01	3.34	4.10	-22.85	95326824	Downward Expansion	-64	57
2026-04-24	3.03	4.12	-29.58	172356393	Downward Expansion	-75	83
2026-04-17	2.91	4.16	-32.10	204319012	Downward Expansion	-86	87
2026-04-10	3.51	4.21	-16.98	77696053	Downward Expansion	-66	79
2026-04-03	3.20	4.23	-22.25	96586107	Downward Expansion	-85	88
2026-03-27	3.63	4.26	-12.63	88532300	Downward Expansion	-72	79
2026-03-20	3.63	4.27	-13.59	66631514	Downward Expansion	-76	74
2026-03-13	3.83	4.27	-11.89	79525672	Balance	-65	50
2026-03-06	3.85	4.28	-11.99	197414815	Balance	-37	23
2026-02-27	4.39	4.28	-0.53	53765701	Balance	2	4
2026-02-13	4.30	4.27	-0.31	75002613	Balance	3	4
2026-02-06	4.25	4.26	-0.76	77943911	Balance	0	4
2026-01-30	4.09	4.25	-5.44	104439746	Deceleration	-7	7
2026-01-23	4.35	4.25	0.33	70342999	Deceleration	-1	6
2026-01-16	4.23	4.23	-1.31	75955512	Deceleration	-15	19
2026-01-09	4.27	4.21	-0.60	101957837	Deceleration	-18	25
2026-01-02	4.06	4.19	-1.47	44792100	Deceleration	-21	33
2025-12-26	4.04	4.21	-1.41	66296407	Upward Expansion	-13	25
2025-12-19	4.05	4.20	1.05	89862900	Upward Expansion	9	18
2025-12-12	3.90	4.18	-2.47	178470527	Upward Expansion	13	13
2025-12-05	4.77	4.16	18.87	84067659	Upward Expansion	59	47
2025-11-28	4.77	4.11	19.89	96108359	Upward Expansion	63	55
2025-11-21	4.71	4.06	20.75	109710938	Upward Expansion	65	74
2025-11-14	5.29	4.00	31.12	208084105	Upward Expansion	90	91
2025-11-07	4.89	3.92	22.05	179401271	Upward Expansion	83	83
2025-10-31	4.72	3.85	19.92	94941623	Upward Expansion	80	74
2025-10-24	4.45	3.79	13.95	71983352	Upward Expansion	71	49
2025-10-17	4.32	3.74	14.44	102248857	Upward Expansion	66	39
2025-10-10	4.23	3.70	11.22	37279554	Upward Expansion	63	38
2025-10-03	4.07	3.66	8.11	32284184	Upward Expansion	56	44
2025-09-26	3.97	3.63	7.44	75708591	Upward Expansion	59	57
2025-09-19	4.18	3.60	13.82	125311878	Upward Expansion	62	64
2025-09-12	4.37	3.56	17.87	117253763	Upward Expansion	79	69
2025-09-05	4.07	3.51	12.15	115146182	Deceleration	57	33
2025-08-29	3.97	3.47	8.87	102008013	Deceleration	40	24
2025-08-22	3.95	3.43	9.97	86161612	Upward Expansion	41	25
2025-08-15	3.89	3.40	12.96	110731383	Upward Expansion	52	32
2025-08-08	3.88	3.37	15.45	107525083	Upward Expansion	56	39
2025-08-01	4.02	3.32	23.04	83511254	Upward Expansion	60	46
2025-07-25	4.06	3.27	24.24	64061198	Upward Expansion	64	47
2025-07-18	4.02	3.23	26.34	96886092	Upward Expansion	64	46
2025-07-11	4.01	3.20	28.32	200728886	Upward Expansion	66	44
2025-07-04	3.90	3.18	27.52	84813842	Upward Expansion	61	40
2025-06-27	3.85	3.16	28.95	104362232	Upward Expansion	63	51
2025-06-20	3.60	3.14	24.12	93954708	Upward Expansion	63	59
2025-06-13	3.68	3.11	27.36	354904758	Upward Expansion	66	78
2025-06-06	4.53	3.09	57.77	109764692	Upward Expansion	97	98
2025-05-30	3.78	3.04	35.08	191985098	Upward Expansion	87	88
2025-05-23	3.62	3.00	30.42	175637363	Upward Expansion	86	81
2025-05-16	3.33	2.97	20.04	54100201	Upward Expansion	72	65
2025-05-09	3.29	2.95	19.83	68756807	Deceleration	70	50
2025-05-02	3.00	2.92	11.82	63412073	Deceleration	32	14
2025-04-25	3.00	2.91	11.60	56861754	Deceleration	30	17
2025-04-18	2.97	2.89	11.47	36626451	Deceleration	25	18
2025-04-11	2.81	2.88	7.15	55011955	Deceleration	15	9
2025-04-04	2.95	2.86	8.98	26460730	Deceleration	48	27
2025-03-28	2.93	2.83	7.83	66406974	Deceleration	53	38
2025-03-21	3.13	2.80	14.65	43442908	Deceleration	65	56
2025-03-14	3.09	2.75	11.46	42110401	Deceleration	61	45
2025-03-07	3.02	2.72	10.59	48610435	Deceleration	44	31
2025-02-28	3.01	2.68	12.13	43999411	Deceleration	44	30
2025-02-21	2.96	2.65	8.56	37490800	Deceleration	41	25
2025-02-14	2.95	2.61	9.28	39733420	Deceleration	38	23
2025-02-07	2.94	2.58	10.66	26248100	Deceleration	35	22
2025-01-31	2.86	2.54	9.02	6452600	Deceleration	17	11
2025-01-24	2.86	2.51	7.99	49680319	Deceleration	23	20
2025-01-17	2.94	2.49	10.56	53185796	Deceleration	27	24
2025-01-10	2.57	2.45	-1.85	38362196	Deceleration	18	22
2025-01-03	2.56	2.44	-4.41	45056910	Upward Expansion	32	22
2024-12-27	2.82	2.43	-1.36	81052912	Upward Expansion	60	46
2024-12-20	3.15	2.41	10.33	192755239	Upward Expansion	64	59
2024-12-13	3.40	2.39	17.44	250352252	Upward Expansion	79	72
2024-12-06	3.27	2.37	12.17	95539129	Upward Expansion	79	68
2024-11-29	3.05	2.34	6.58	94302901	Upward Expansion	72	64
2024-11-22	2.97	2.32	5.10	106938339	Upward Expansion	69	63
2024-11-15	2.89	2.30	-0.14	126477543	Upward Expansion	67	65
2024-11-08	2.97	2.28	-1.49	159703762	Upward Expansion	78	59
2024-11-01	2.77	2.27	-3.53	185469644	Rotation Up	71	54
2024-10-25	2.78	2.27	-4.46	100796234	Rotation Up	52	52
2024-10-18	2.46	2.27	-14.84	79929113	Rotation Up	37	62
2024-10-11	2.42	2.28	-15.57	126888178	Rotation Up	29	64
2024-10-04	2.75	2.29	-8.06	61345612	Rotation Up	52	76
2024-09-27	2.57	2.28	-7.64	262268192	Rotation Up	45	55
2024-09-20	2.50	2.28	0.84	193557870	Rotation Up	21	30
2024-09-13	2.22	2.28	-9.70	56720449	Downward Expansion	-22	17
2024-09-06	1.99	2.28	-21.37	28891500	Downward Expansion	-45	39
2024-08-30	1.99	2.31	-24.13	31752972	Downward Expansion	-45	36
2024-08-23	1.86	2.36	-29.97	24006700	Downward Expansion	-60	44
2024-08-16	1.98	2.41	-26.79	31808025	Downward Expansion	-49	41
2024-08-09	2.05	2.47	-24.43	38948600	Downward Expansion	-62	51
2024-08-02	2.00	2.52	-27.92	37258202	Downward Expansion	-65	59
2024-07-26	1.90	2.56	-31.72	40022651	Downward Expansion	-69	72
2024-07-19	1.84	2.62	-36.19	38397831	Downward Expansion	-78	82
2024-07-12	1.92	2.68	-33.68	60389001	Downward Expansion	-73	78
2024-07-05	1.96	2.73	-32.26	34205811	Downward Expansion	-74	85
2024-06-28	1.99	2.78	-32.03	45344700	Downward Expansion	-77	87
2024-06-21	2.02	2.83	-32.14	37280500	Downward Expansion	-80	87
2024-06-14	2.12	2.87	-30.06	33815211	Downward Expansion	-78	78
2024-06-07	2.15	2.91	-29.87	70062229	Downward Expansion	-78	53
2024-05-31	2.36	2.95	-24.31	40382742	Downward Expansion	-60	38
2024-05-24	2.51	2.98	-19.89	72439217	Downward Expansion	-47	31
2024-05-17	2.74	3.00	-14.67	73881565	Downward Expansion	-55	44
2024-05-10	2.56	3.01	-20.40	63505400	Downward Expansion	-59	63
2024-05-03	2.46	3.04	-22.44	36456312	Downward Expansion	-58	55
2024-04-26	2.37	3.07	-25.02	41169836	Downward Expansion	-63	43
2024-04-19	2.26	3.10	-28.18	91077622	Downward Expansion	-70	41
2024-04-12	2.63	3.14	-15.57	43732955	Downward Expansion	-41	26
2024-04-05	2.85	3.17	-10.22	34883802	Downward Expansion	-40	26
2024-03-29	2.74	3.19	-13.05	59951315	Downward Expansion	-46	36
2024-03-22	2.73	3.21	-13.81	54472142	Downward Expansion	-59	47
2024-03-15	2.61	3.24	-18.07	66924024	Downward Expansion	-63	66
2024-03-08	2.50	3.27	-21.62	52206508	Downward Expansion	-64	80
2024-03-01	2.52	3.31	-20.89	94389836	Downward Expansion	-69	82
2024-02-23	2.58	3.34	-18.80	104781814	Downward Expansion	-70	79
2024-02-09	2.17	3.36	-28.64	132950948	Rotation Down	-84	78
2024-02-02	2.83	3.39	-2.98	130154977	Rotation Down	-41	26
2024-01-26	3.65	3.40	17.29	80878683	Upward Expansion	60	30
2024-01-19	3.38	3.39	12.09	49522305	Upward Expansion	30	15
2024-01-12	3.53	3.38	15.32	42998908	Upward Expansion	53	28
2024-01-05	3.53	3.37	13.77	39982743	Upward Expansion	57	35
2023-12-29	3.44	3.36	9.38	50462490	Upward Expansion	52	32
2023-12-22	3.46	3.35	12.34	59829592	Upward Expansion	57	52
2023-12-15	3.65	3.34	17.38	81294440	Upward Expansion	77	71
2023-12-08	3.42	3.33	9.05	51208894	Upward Expansion	56	52
2023-12-01	3.52	3.32	9.86	40202591	Upward Expansion	55	45
2023-11-24	3.53	3.30	9.83	47461539	Rotation Down	55	37
2023-11-17	3.40	3.28	5.35	33134964	Rotation Down	17	14
2023-11-10	3.34	3.28	4.12	36119648	Rotation Down	-10	13
2023-11-03	3.28	3.27	2.51	44710510	Rotation Down	-17	34
2023-10-27	3.22	3.27	0.60	44833036	Rotation Down	-18	34
2023-10-20	3.12	3.28	-1.78	34237678	Deceleration	-26	34
2023-10-13	3.14	3.29	-4.73	36768267	Deceleration	-23	23
2023-09-29	3.27	3.30	-1.70	23915525	Deceleration	17	16
2023-09-22	3.36	3.31	0.29	36818026	Deceleration	31	18

Price vs TrendAbove+5.1%

Trend directionFalling-11.0%

Price vs current Fair ValuePremium+3.0%

Fair Value directionClosing upward+12.6%

Relative Strength vs benchmarkLagging-6.2%

Relative strength directionImproving+21.3%

Price momentumPositive+3.8%

Volume balanceDemand-led3.02×

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

34 / ±100

+68.4 points since 2026-09-04

Energy

46 /100

+22.9 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.

600082 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance31

Rotation Up66

Upward Expansion42

Deceleration28

Rotation Down14

Downward Expansion26

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 5%Rotation Up 5%Upward Expansion 31%Deceleration 19%Rotation Down 5%Downward Expansion 37%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-09-25	2026-10-02	New	+0.3%
Downward Expansion	2026-03-20	2026-09-18	Extended	-12.9%
Balance	2026-02-06	2026-03-13	Developing	-9.9%
Deceleration	2026-01-02	2026-01-30	Developing	+0.7%
Upward Expansion	2025-09-12	2025-12-26	Established	-7.6%
Deceleration	2025-08-29	2025-09-05	New	+2.5%
Upward Expansion	2025-05-16	2025-08-22	Established	+18.6%
Deceleration	2025-01-10	2025-05-09	Established	+28.0%
Upward Expansion	2024-11-08	2025-01-03	Developing	-13.8%
Rotation Up	2024-09-20	2024-11-01	Developing	+10.8%
Downward Expansion	2024-02-23	2024-09-13	Extended	-14.0%
Rotation Down	2024-02-02	2024-02-09	New	-23.2%
Upward Expansion	2023-12-01	2024-01-26	Developing	+3.7%
Rotation Down	2023-10-27	2023-11-24	Developing	+9.6%

Classic Stage Analysis comparison

Stage 1 · Basing56

Stage 2 · Advancing36

Stage 3 · Distribution22

Stage 4 · Declining44

Legacy result: Stage 1 · Stage 1B · Basing. 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: 41/100
Current Relative Strength: -6.16
Relative Strength direction: Improving
Price momentum: +3.8%
Excess performance vs benchmark: +4.7%
Industrials regime cohort: 99th percentile126 in cohort

Test 600082 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.46×

Latest completed volume relative to typical participation.

Up/down volume3.02×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

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 600082 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 3.22rising

Slow Activity CNY 3.05falling

Trend Reference CNY 3.16+5.1% close margin

Current Fair Value CNY 3.22+3.0% close margin

Structural low CNY 2.48shock / repair context

What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +6.2%

Annualized volatility +53.6%

From structural high -41.5%

From structural low +33.9%

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	12	-2.9%-12.1% to +7.4%	+33.3%	+33.3%	-2.6%	+66.7%	Usable descriptive sample
Intermediate	5	-1.1%-9.4% to +9.7%	+40.0%	+40.0%	-5.6%	+40.0%	Usable descriptive sample
Extended	3	-9.8%-32.7% to +12.5%	+33.3%	+33.3%	-16.2%	+0.0%	Too little matched history
Full cycle	2	+9.2%-0.6% to +18.9%	+50.0%	+50.0%	+13.7%	+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.

600082 Stage Analysis

What the Activity Line geometry says now

Directional pressure has compressed into balance.

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

Directional pressure has compressed into balance.

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