Weekly structural research · SHH · Industrials

688511 Stage Analysis

Sichuan Tianwei Electronic Co.,Ltd.

Week ending 9 Oct 2026Close CNY 20.53Tenure DevelopingBenchmark 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: compressed and expanding.

Direction -64−100 bearish to +100 bullish

Energy 46/100directional strength

Maturity 34/100lifecycle context

Confidence 96/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedexpanding separation

Price acceptance -33.3%position within the Activity structure

Fair Value context +3.9%CNY 19.76 · 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	20.53	24.00	-13.48	9156524	Downward Expansion	-64	45
2026-10-02	21.73	24.26	-9.23	4038237	Downward Expansion	-57	29
2026-09-25	23.06	24.45	-4.94	5982903	Downward Expansion	-38	20
2026-09-18	23.28	24.59	-4.51	7758946	Downward Expansion	-40	23
2026-09-11	22.77	24.78	-6.00	7516536	Downward Expansion	-41	25
2026-09-04	23.02	24.91	-5.94	2029558	Downward Expansion	-51	30
2026-08-28	22.41	25.08	-9.02	1811968	Downward Expansion	-55	36
2026-08-21	22.10	25.29	-9.37	1730123	Downward Expansion	-58	55
2026-08-14	23.42	25.60	-4.68	1322423	Downward Expansion	-55	57
2026-08-07	23.07	25.86	-6.63	1923512	Downward Expansion	-54	47
2026-07-31	20.55	26.04	-14.62	2022909	Balance	-54	42
2026-07-24	20.12	26.26	-15.95	2942190	Balance	-50	27
2026-07-17	22.10	26.35	-6.46	3786865	Rotation Up	-6	13
2026-07-10	30.38	26.39	21.36	4451844	Rotation Up	36	60
2026-07-03	31.26	26.17	24.35	2906160	Rotation Up	35	57
2026-06-26	29.06	25.91	17.10	3794183	Balance	25	38
2026-06-19	30.88	25.67	23.44	23955981	Balance	31	27
2026-06-12	25.10	25.39	2.65	3955171	Balance	-25	17
2026-06-05	24.76	25.36	1.73	2973929	Balance	-29	16
2026-05-29	24.38	25.33	-0.50	26148566	Balance	-31	17
2026-05-22	26.89	25.32	8.97	40925624	Rotation Down	-26	15
2026-05-15	22.16	25.19	-10.20	20546777	Rotation Down	-58	33
2026-05-08	24.10	25.24	-3.15	17105100	Rotation Down	-28	24
2026-05-01	21.17	25.19	-12.87	19490515	Rotation Down	-40	51
2026-04-24	24.39	25.26	1.63	39848522	Rotation Down	-23	50
2026-04-17	22.45	25.16	-5.12	7708824	Rotation Down	-24	53
2026-04-10	21.85	25.17	-5.64	5629297	Deceleration	-29	42
2026-04-03	19.98	25.16	-10.91	6441217	Deceleration	-36	29
2026-03-27	26.86	25.28	19.27	7102592	Deceleration	30	15
2026-03-20	26.10	25.19	15.70	9299646	Deceleration	30	16
2026-03-13	28.52	25.09	23.16	5715181	Deceleration	41	24
2026-03-06	27.37	24.96	18.46	9716672	Deceleration	36	20
2026-02-27	27.09	24.80	17.14	7944673	Deceleration	40	24
2026-02-13	29.11	24.51	29.24	5621766	Upward Expansion	52	34
2026-02-06	26.69	24.17	20.19	5302502	Upward Expansion	59	46
2026-01-30	28.13	23.89	26.14	5601715	Upward Expansion	65	75
2026-01-23	28.57	23.55	28.98	11887380	Upward Expansion	66	83
2026-01-16	31.48	23.15	44.89	8416791	Upward Expansion	86	94
2026-01-09	31.32	22.64	45.16	10097447	Upward Expansion	92	92
2026-01-02	28.36	22.15	38.10	6368351	Upward Expansion	86	79
2025-12-26	27.16	21.78	33.78	6392090	Upward Expansion	79	61
2025-12-19	22.80	21.44	15.35	2945392	Upward Expansion	35	20
2025-12-12	23.42	21.21	18.72	3469221	Upward Expansion	37	19
2025-12-05	23.81	20.98	20.43	2861213	Upward Expansion	42	20
2025-11-28	23.31	20.70	18.44	2882116	Upward Expansion	37	19
2025-11-21	21.75	20.30	12.10	3555918	Upward Expansion	34	21
2025-11-14	22.75	19.99	12.51	4608581	Upward Expansion	55	38
2025-11-07	24.22	19.65	19.52	3697340	Upward Expansion	61	43
2025-10-31	23.83	19.26	18.81	6965532	Upward Expansion	59	42
2025-10-24	24.08	18.90	20.18	3251429	Upward Expansion	61	41
2025-10-17	22.83	18.53	17.47	5391454	Upward Expansion	53	37
2025-10-10	23.60	18.23	19.86	2822651	Deceleration	60	39
2025-10-03	22.76	17.92	16.80	1643361	Deceleration	43	34
2025-09-26	23.23	17.64	21.81	7853656	Deceleration	49	34
2025-09-19	21.40	17.33	13.52	6100846	Upward Expansion	46	39
2025-09-12	22.60	17.13	19.24	4703045	Upward Expansion	61	54
2025-09-05	21.75	16.85	17.52	7419021	Upward Expansion	65	62
2025-08-29	23.64	16.58	27.31	7864101	Upward Expansion	68	87
2025-08-22	24.10	16.19	32.15	7352373	Upward Expansion	79	92
2025-08-15	23.15	15.80	32.84	12749142	Upward Expansion	77	91
2025-08-08	24.56	15.52	44.74	19093982	Upward Expansion	94	96
2025-08-01	22.49	15.17	36.95	18658589	Upward Expansion	91	86
2025-07-25	18.53	14.89	12.86	6097682	Upward Expansion	67	69
2025-07-18	18.71	14.81	16.49	4119700	Upward Expansion	73	71
2025-07-11	18.36	14.79	15.79	4015371	Upward Expansion	74	55
2025-07-04	17.80	14.83	14.20	10185109	Rotation Up	70	48
2025-06-27	16.79	14.90	9.82	3888557	Rotation Up	36	39
2025-06-20	16.08	14.99	6.99	3687581	Rotation Up	35	56
2025-06-13	16.66	15.11	9.91	7009531	Rotation Up	38	65
2025-06-06	17.13	15.21	12.55	5896778	Rotation Up	35	64
2025-05-30	17.05	15.35	13.34	7399515	Downward Expansion	37	45
2025-05-23	16.03	15.44	6.25	10655356	Downward Expansion	8	25
2025-05-16	16.36	15.51	7.39	23084464	Downward Expansion	6	12
2025-05-09	15.47	15.56	1.98	24217312	Downward Expansion	-26	24
2025-05-02	11.34	15.51	-24.18	6258570	Downward Expansion	-80	77
2025-04-25	12.38	15.57	-18.38	6608600	Downward Expansion	-69	72
2025-04-18	12.51	15.54	-17.77	5974413	Downward Expansion	-67	70
2025-04-11	12.63	15.44	-16.31	9840982	Downward Expansion	-67	65
2025-04-04	13.12	15.35	-16.30	4597529	Downward Expansion	-63	58
2025-03-28	12.91	15.24	-18.40	6044586	Balance	-66	47
2025-03-21	13.75	15.17	-14.04	8291492	Balance	-18	19
2025-03-14	14.35	15.05	-12.31	7582169	Balance	-9	11
2025-03-07	14.41	14.93	-11.24	10599907	Deceleration	-12	12
2025-02-28	13.69	14.83	-14.75	11253153	Deceleration	-19	17
2025-02-21	15.66	14.76	-4.72	13120656	Rotation Down	-11	21
2025-02-14	14.09	14.62	-13.78	9642936	Rotation Down	-27	55
2025-02-07	13.50	14.53	-16.56	9025771	Rotation Down	-28	60
2025-01-31	12.17	14.46	-24.04	1937083	Rotation Down	-38	65
2025-01-24	12.45	14.42	-23.27	19225570	Deceleration	-36	46
2025-01-17	14.76	14.55	-9.89	7755641	Deceleration	-1	26
2025-01-10	13.96	14.60	-13.86	7514253	Deceleration	-5	22
2025-01-03	14.06	14.68	-15.50	6313241	Deceleration	11	18
2024-12-27	15.97	14.72	-10.51	11539146	Deceleration	37	23
2024-12-20	18.32	14.78	2.51	7924728	Deceleration	43	36
2024-12-13	19.56	14.75	7.75	8332800	Upward Expansion	57	47
2024-12-06	19.77	14.69	7.73	5374967	Upward Expansion	60	53
2024-11-29	19.60	14.64	8.47	11712769	Upward Expansion	63	60
2024-11-22	19.76	14.56	10.58	14946854	Rotation Up	66	64
2024-11-15	19.42	14.50	5.83	17765790	Rotation Up	41	76
2024-11-08	21.58	14.36	12.70	29978010	Rotation Up	63	86
2024-11-01	19.67	14.17	7.80	28488701	Rotation Up	52	77
2024-10-25	18.08	14.09	-2.29	26054302	Rotation Up	52	69
2024-10-18	17.91	14.05	-2.67	35246452	Rotation Up	51	55
2024-10-11	13.81	14.04	-24.42	22383594	Downward Expansion	-4	25
2024-10-04	13.32	14.15	-30.48	6032637	Downward Expansion	-31	32
2024-09-27	11.27	14.26	-37.13	7695883	Downward Expansion	-65	59
2024-09-20	9.78	14.44	-39.23	4156020	Downward Expansion	-72	79
2024-09-13	9.85	14.67	-38.88	4360854	Downward Expansion	-73	79
2024-09-06	9.81	14.83	-41.21	6310845	Downward Expansion	-76	73
2024-08-30	10.67	15.02	-38.44	6416974	Downward Expansion	-67	62
2024-08-23	10.19	15.32	-42.06	4485274	Downward Expansion	-77	67
2024-08-16	10.92	15.66	-39.10	4404436	Downward Expansion	-72	76
2024-08-09	11.29	16.04	-37.32	10654445	Downward Expansion	-69	85
2024-08-02	11.51	16.44	-37.64	9652072	Downward Expansion	-68	87
2024-07-26	11.52	16.83	-37.91	6139174	Downward Expansion	-71	89
2024-07-19	11.36	17.20	-41.31	6094407	Downward Expansion	-79	88
2024-07-12	11.42	17.59	-41.41	9586456	Downward Expansion	-84	84
2024-07-05	11.13	17.98	-43.20	16572110	Downward Expansion	-86	75
2024-06-28	16.15	18.42	-18.98	4608825	Downward Expansion	-54	39
2024-06-21	16.49	18.67	-18.61	6018873	Downward Expansion	-50	35
2024-06-14	16.28	18.94	-20.99	3452465	Downward Expansion	-44	32
2024-06-07	15.21	19.19	-27.16	5827512	Balance	-57	32
2024-05-31	17.69	19.48	-16.94	4206745	Balance	-17	15
2024-05-24	17.53	19.65	-18.20	5279569	Downward Expansion	-19	16
2024-05-17	17.86	19.79	-18.81	5364468	Downward Expansion	-30	22
2024-05-10	18.11	19.95	-18.05	10989167	Downward Expansion	-37	23
2024-05-03	17.36	20.13	-20.60	6514369	Downward Expansion	-51	33
2024-04-26	17.88	20.32	-18.39	18758374	Downward Expansion	-53	37
2024-04-19	15.05	20.50	-31.30	5077396	Deceleration	-69	50
2024-04-12	16.12	20.80	-25.99	3414839	Deceleration	-52	39
2024-04-05	17.06	21.04	-23.49	2108391	Deceleration	-43	35
2024-03-29	16.97	21.18	-23.77	4707516	Deceleration	-45	39
2024-03-22	17.65	21.37	-21.29	5107296	Downward Expansion	-48	44
2024-03-15	17.22	21.52	-23.82	4048983	Downward Expansion	-61	55
2024-03-08	16.44	21.72	-27.39	3781875	Downward Expansion	-64	69
2024-03-01	16.80	21.95	-25.77	7234696	Downward Expansion	-67	87
2024-02-23	16.73	22.16	-25.89	6677931	Downward Expansion	-68	88
2024-02-09	14.60	22.43	-32.47	8340678	Downward Expansion	-94	97
2024-02-02	15.42	22.76	-25.55	4225296	Downward Expansion	-96	96
2024-01-26	19.64	23.09	-11.35	5038267	Downward Expansion	-86	82
2024-01-19	20.50	23.26	-4.94	3718182	Balance	-82	68
2024-01-12	22.37	23.40	2.02	3114517	Balance	-60	40
2024-01-05	22.99	23.46	3.42	2781626	Balance	-28	20
2023-12-29	23.34	23.53	3.61	3053296	Balance	-34	23
2023-12-22	22.59	23.61	2.58	3153076	Balance	-43	24
2023-12-15	23.22	23.71	4.63	3027183	Balance	-26	12
2023-12-08	23.11	23.76	3.38	2737360	Balance	-11	19
2023-12-01	24.11	23.80	5.81	3601909	Balance	18	30
2023-11-24	23.75	23.83	3.97	3640323	Balance	13	20
2023-11-17	24.60	23.96	7.27	4650513	Balance	5	15
2023-11-10	23.83	24.09	4.49	3135820	Balance	-13	8
2023-11-03	23.72	24.22	4.32	4784930	Downward Expansion	-40	24
2023-10-27	22.95	24.30	1.35	3128419	Downward Expansion	-50	32
2023-10-20	21.80	24.46	-2.43	3678939	Downward Expansion	-64	37
2023-10-13	22.69	24.55	-1.75	3349418	Downward Expansion	-42	23
2023-09-29	23.46	24.64	0.92	2267249	Downward Expansion	-33	19

Price vs TrendBelow-14.4%

Trend directionFalling-7.8%

Price vs current Fair ValuePremium+3.9%

Fair Value directionMoving away-49.1%

Relative Strength vs benchmarkLagging-13.5%

Relative strength directionWeakening-34.8%

Price momentumNegative-6.0%

Volume balanceSupply-led0.48×

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

-64 / ±100

-23.6 points since 2026-09-11

Energy

45 /100

+20.2 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.

688511 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance38

Rotation Up21

Upward Expansion8

Deceleration43

Rotation Down46

Downward Expansion77

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 15%Rotation Up 9%Upward Expansion 21%Deceleration 14%Rotation Down 6%Downward Expansion 35%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-08-07	2026-10-09	Developing	-11.0%
Balance	2026-07-24	2026-07-31	New	+2.1%
Rotation Up	2026-07-03	2026-07-17	New	-29.3%
Balance	2026-05-29	2026-06-26	Developing	+19.2%
Rotation Down	2026-04-17	2026-05-22	Developing	+19.8%
Deceleration	2026-02-27	2026-04-10	Developing	-19.3%
Upward Expansion	2025-10-17	2026-02-13	Established	+27.5%
Deceleration	2025-09-26	2025-10-10	New	+1.6%
Upward Expansion	2025-07-11	2025-09-19	Developing	+16.6%
Rotation Up	2025-06-06	2025-07-04	Developing	+3.9%
Downward Expansion	2025-04-04	2025-05-30	Developing	+30.0%
Balance	2025-03-14	2025-03-28	New	-10.1%
Deceleration	2025-02-28	2025-03-07	New	+5.3%
Rotation Down	2025-01-31	2025-02-21	New	+28.7%

Classic Stage Analysis comparison

Stage 1 · Basing29

Stage 2 · Advancing0

Stage 3 · Distribution42

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: 94/100
Current Relative Strength: -13.48
Relative Strength direction: Weakening
Price momentum: -6.0%
Excess performance vs benchmark: -1.7%
Industrials regime cohort: 44th percentile314 in cohort

Test 688511 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.52×

Latest completed volume relative to typical participation.

Up/down volume0.48×

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+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 688511 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 21.87falling

Slow Activity CNY 23.65falling

Trend Reference CNY 24.00-14.4% close margin

Current Fair Value CNY 19.76+3.9% close margin

Structural low CNY 18.58shock / 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 +11.8%

Annualized volatility +75.8%

From structural high -36.8%

From structural low +10.5%

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	17	-1.9%-31.1% to +56.3%	+35.3%	+64.7%	-1.6%	+76.5%	Usable descriptive sample
Intermediate	5	+4.7%-33.7% to +70.9%	+60.0%	+40.0%	+7.6%	+40.0%	Usable descriptive sample
Extended	4	+1.2%-36.5% to +73.5%	+50.0%	+50.0%	-5.5%	+50.0%	Too little matched history
Full cycle	2	+34.3%-53.0% to +121.6%	+50.0%	+50.0%	+21.1%	+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.

688511 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