Weekly structural research · SHZ · Industrials

300548 Stage Analysis

EverProX Technologies Co., Ltd.

Week ending 9 Oct 2026Close CNY 190.08Tenure DevelopingBenchmark 399001.SZ

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 down within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: compressed and contracting.

Direction -22−100 bearish to +100 bullish

Energy 20/100directional strength

Maturity 30/100lifecycle context

Confidence 63/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedcontracting separation

Price acceptance +16.7%position within the Activity structure

Fair Value context +119.9%CNY 86.45 · 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	190.08	214.67	19.54	39038564	Balance	-22	20
2026-10-02	219.83	213.63	37.11	34429216	Balance	16	25
2026-09-25	231.02	211.30	41.37	43542287	Balance	30	28
2026-09-18	238.80	208.54	44.37	69011058	Balance	26	25
2026-09-11	207.84	205.79	28.93	71007479	Balance	-1	12
2026-09-04	193.78	203.99	20.88	13109797	Balance	-5	14
2026-08-28	212.90	202.93	29.33	15434829	Rotation Down	-6	11
2026-08-21	197.42	200.26	20.07	19551454	Rotation Down	-30	30
2026-08-14	194.67	198.29	17.44	18230590	Rotation Down	-25	56
2026-08-07	177.04	196.26	8.10	20721031	Rotation Down	-27	63
2026-07-31	140.50	195.09	-8.87	21771574	Rotation Down	-43	69
2026-07-24	163.01	195.15	4.74	10716963	Deceleration	-35	41
2026-07-17	166.21	194.36	8.05	17677672	Deceleration	-11	18
2026-07-10	221.48	193.76	32.30	14069987	Deceleration	39	27
2026-07-03	220.70	190.46	29.11	13679928	Deceleration	41	29
2026-06-26	262.28	187.31	53.81	20869922	Deceleration	59	39
2026-06-19	281.59	182.06	65.57	105604063	Deceleration	62	39
2026-06-12	223.72	175.72	43.96	15451275	Deceleration	40	27
2026-06-05	219.00	171.50	40.16	19349514	Upward Expansion	45	35
2026-05-29	249.21	167.53	59.71	87010160	Upward Expansion	61	53
2026-05-22	240.30	162.88	57.23	75791298	Upward Expansion	64	60
2026-05-15	251.40	158.06	68.32	78982529	Upward Expansion	67	82
2026-05-08	274.71	153.06	88.15	59507267	Upward Expansion	79	92
2026-05-01	256.69	147.44	86.09	66862381	Upward Expansion	75	90
2026-04-24	260.10	142.52	96.19	100944733	Upward Expansion	84	93
2026-04-17	260.05	138.12	103.09	114826452	Upward Expansion	91	90
2026-04-10	223.80	133.43	87.75	130357451	Upward Expansion	85	70
2026-04-03	165.18	130.10	52.74	121163925	Upward Expansion	60	35
2026-03-27	150.70	129.31	38.10	100493628	Upward Expansion	39	25
2026-03-20	146.13	127.68	35.21	114428054	Upward Expansion	51	30
2026-03-13	158.85	125.88	45.00	136021914	Upward Expansion	60	38
2026-03-06	149.85	123.60	40.34	120770229	Upward Expansion	55	39
2026-02-27	148.16	121.44	37.89	90672197	Upward Expansion	58	50
2026-02-13	156.50	119.25	51.56	137851386	Upward Expansion	63	49
2026-02-06	153.71	116.91	53.39	140408200	Upward Expansion	64	45
2026-01-30	162.00	114.32	60.83	176935792	Upward Expansion	75	47
2026-01-23	132.71	111.04	31.73	111753183	Upward Expansion	46	33
2026-01-16	138.39	108.74	40.19	144054265	Upward Expansion	59	44
2026-01-09	133.70	106.27	38.88	138061625	Upward Expansion	63	52
2026-01-02	142.00	103.82	56.20	72739849	Upward Expansion	68	78
2025-12-26	142.47	100.93	58.60	146779086	Upward Expansion	71	81
2025-12-19	139.30	97.77	63.49	169424085	Upward Expansion	70	79
2025-12-12	148.01	94.67	75.96	211336932	Upward Expansion	82	79
2025-12-05	122.62	91.42	51.11	168698947	Deceleration	53	48
2025-11-28	126.30	88.98	61.19	243624639	Deceleration	54	28
2025-11-21	104.52	86.29	41.57	157485331	Deceleration	14	11
2025-11-14	91.50	84.01	20.01	93545512	Deceleration	7	9
2025-11-07	97.05	82.03	27.51	81871270	Deceleration	18	14
2025-10-31	100.11	79.89	34.05	132793312	Deceleration	30	20
2025-10-24	109.60	77.80	50.42	103926289	Deceleration	34	23
2025-10-17	95.70	75.42	40.47	70351876	Deceleration	35	26
2025-10-10	101.30	73.61	44.02	30981105	Upward Expansion	43	31
2025-10-03	106.27	71.75	52.26	35517052	Upward Expansion	49	40
2025-09-26	109.09	69.65	63.54	104437775	Upward Expansion	63	55
2025-09-19	128.00	67.52	98.62	130812480	Upward Expansion	71	68
2025-09-12	119.29	65.29	92.98	125941626	Upward Expansion	68	67
2025-09-05	124.01	63.11	111.98	162682636	Upward Expansion	78	70
2025-08-29	141.53	60.76	147.89	179763743	Upward Expansion	97	77
2025-08-22	101.77	57.90	93.49	128239309	Upward Expansion	85	72
2025-08-15	91.95	56.51	87.98	105372773	Upward Expansion	77	75
2025-08-08	90.71	55.06	99.12	116750410	Upward Expansion	80	85
2025-08-01	84.83	53.50	94.08	124443458	Upward Expansion	77	89
2025-07-25	82.66	52.10	91.32	134256574	Upward Expansion	80	89
2025-07-18	86.14	50.87	109.57	167557475	Upward Expansion	93	94
2025-07-11	76.15	49.18	94.79	152585895	Upward Expansion	90	93
2025-07-04	63.54	47.43	69.90	123588042	Upward Expansion	70	84
2025-06-27	63.73	46.09	76.29	117245320	Upward Expansion	76	86
2025-06-20	64.31	44.72	88.64	128851427	Upward Expansion	85	86
2025-06-13	60.13	43.32	78.56	149397974	Upward Expansion	82	77
2025-06-06	55.40	42.10	67.04	136887977	Upward Expansion	78	70
2025-05-30	47.44	41.09	47.96	123945358	Upward Expansion	56	48
2025-05-23	46.37	40.32	45.45	102907252	Upward Expansion	43	40
2025-05-16	50.60	39.60	60.03	185954958	Rotation Down	52	39
2025-05-09	49.25	38.67	59.19	204114479	Rotation Down	41	23
2025-05-02	45.71	37.72	53.67	120538064	Rotation Down	10	19
2025-04-25	36.10	36.94	22.83	102079037	Rotation Down	-24	53
2025-04-18	32.27	36.39	12.08	54796720	Deceleration	-32	51
2025-04-11	32.79	35.88	13.95	91404582	Deceleration	-13	29
2025-04-04	37.36	35.36	23.79	49054122	Deceleration	-2	20
2025-03-28	38.34	34.68	25.03	58587323	Deceleration	14	22
2025-03-21	41.35	33.99	34.54	86876704	Deceleration	30	27
2025-03-14	45.36	33.20	44.08	122907670	Deceleration	38	23
2025-03-07	43.46	32.29	40.75	143654140	Upward Expansion	44	33
2025-02-28	45.08	31.42	49.92	145740547	Upward Expansion	59	48
2025-02-21	61.14	30.52	98.27	172008370	Upward Expansion	77	67
2025-02-14	53.76	29.07	81.76	129188963	Upward Expansion	66	66
2025-02-07	53.60	27.90	87.80	116520344	Upward Expansion	68	68
2025-01-31	55.75	26.75	107.24	36633101	Upward Expansion	79	87
2025-01-24	60.13	25.50	124.81	223020721	Upward Expansion	94	96
2025-01-17	48.36	24.14	87.52	193597428	Upward Expansion	84	94
2025-01-10	43.81	23.21	79.13	273022528	Upward Expansion	80	93
2025-01-03	42.97	22.45	76.33	248509986	Upward Expansion	87	95
2024-12-27	45.66	21.68	76.04	255452197	Upward Expansion	95	97
2024-12-20	35.44	20.87	38.31	331319606	Deceleration	88	70
2024-12-13	23.61	20.48	-8.24	38754506	Deceleration	43	26
2024-12-06	23.52	20.44	-10.06	48135341	Upward Expansion	45	28
2024-11-29	22.59	20.38	-12.61	34267651	Upward Expansion	46	34
2024-11-22	22.31	20.42	-12.67	43378299	Upward Expansion	60	46
2024-11-15	23.51	20.49	-11.14	81752588	Rotation Up	65	68
2024-11-08	25.18	20.45	-8.68	85447849	Rotation Up	49	72
2024-11-01	24.23	20.40	-6.35	159674094	Rotation Up	47	69
2024-10-25	24.67	20.41	-6.29	133994056	Rotation Up	46	65
2024-10-18	22.95	20.47	-10.96	71683295	Rotation Up	37	42
2024-10-11	20.57	20.80	-18.46	81689674	Rotation Up	-2	21
2024-10-04	22.45	21.10	-15.81	24754679	Rotation Up	11	17
2024-09-27	19.49	21.38	-19.85	46604806	Downward Expansion	-43	32
2024-09-20	17.10	21.61	-17.71	10552847	Downward Expansion	-63	50
2024-09-13	17.01	21.87	-17.60	23199540	Downward Expansion	-66	51
2024-09-06	16.87	21.97	-20.06	21546357	Downward Expansion	-70	52
2024-08-30	17.71	22.07	-18.62	28086913	Downward Expansion	-62	49
2024-08-23	17.73	22.32	-17.21	38107577	Downward Expansion	-62	50
2024-08-16	17.94	22.51	-18.17	24302558	Downward Expansion	-63	54
2024-08-09	17.40	22.70	-21.28	31553163	Downward Expansion	-71	64
2024-08-02	18.00	22.94	-20.36	42890086	Downward Expansion	-67	58
2024-07-26	17.77	23.23	-22.23	28371303	Downward Expansion	-74	74
2024-07-19	18.76	23.53	-21.39	44197465	Downward Expansion	-67	71
2024-07-12	18.87	23.87	-21.31	36111377	Downward Expansion	-69	72
2024-07-05	18.32	24.30	-22.75	28284128	Downward Expansion	-77	75
2024-06-28	19.47	24.60	-20.07	40019590	Downward Expansion	-70	72
2024-06-21	20.45	24.85	-18.94	55190962	Downward Expansion	-64	63
2024-06-14	21.00	25.12	-18.93	39848498	Downward Expansion	-61	55
2024-06-07	19.79	25.30	-23.87	61640345	Downward Expansion	-70	57
2024-05-31	21.39	25.46	-18.99	88706994	Downward Expansion	-61	46
2024-05-24	23.59	25.57	-11.32	72991368	Downward Expansion	-52	38
2024-05-17	22.58	25.69	-17.53	59346243	Downward Expansion	-55	44
2024-05-10	21.62	26.01	-21.32	50658385	Balance	-62	56
2024-05-03	23.72	26.41	-12.71	34102206	Balance	-52	41
2024-04-26	24.60	26.76	-8.76	63692894	Balance	-41	32
2024-04-19	22.29	26.96	-15.96	76754762	Balance	-50	35
2024-04-12	23.60	27.16	-10.99	65474075	Balance	-41	17
2024-04-05	24.51	27.29	-10.56	48611521	Rotation Up	1	12
2024-03-29	26.44	27.37	-1.91	116382292	Rotation Up	19	31
2024-03-22	32.92	27.42	20.50	195671822	Rotation Up	38	42
2024-03-15	29.68	27.26	9.12	145486260	Downward Expansion	14	26
2024-03-08	30.79	27.23	16.92	173053776	Downward Expansion	-4	10
2024-03-01	26.35	27.14	0.37	114753748	Downward Expansion	-41	32
2024-02-23	24.91	27.31	-0.57	112249604	Downward Expansion	-59	45
2024-02-09	19.89	27.68	-17.81	58480818	Downward Expansion	-76	74
2024-02-02	19.87	28.31	-9.68	74474192	Downward Expansion	-82	76
2024-01-26	25.37	28.79	6.67	112760201	Downward Expansion	-61	66
2024-01-19	23.43	29.20	-0.81	47678248	Downward Expansion	-70	72
2024-01-12	23.61	29.84	-1.59	39607511	Downward Expansion	-69	65
2024-01-05	24.49	30.18	1.56	39533465	Balance	-65	45
2023-12-29	26.84	30.37	7.42	51437960	Balance	-39	18
2023-12-22	26.83	30.45	11.92	66230940	Balance	-36	19
2023-12-15	28.81	30.45	19.26	109688619	Balance	-26	16
2023-12-08	31.73	30.37	30.30	101009508	Downward Expansion	-14	12
2023-12-01	27.57	30.24	12.54	53132614	Downward Expansion	-49	29
2023-11-24	26.90	30.37	9.21	50606453	Downward Expansion	-55	50
2023-11-17	28.56	30.72	15.04	86798754	Downward Expansion	-57	64
2023-11-10	26.33	30.98	6.74	76682701	Downward Expansion	-58	68
2023-11-03	24.46	31.35	1.02	55381073	Balance	-70	68
2023-10-27	24.78	31.51	3.60	85313961	Balance	-66	42
2023-10-20	27.15	31.61	16.33	72580493	Balance	-41	24
2023-10-13	32.36	31.54	32.85	101964033	Balance	2	18
2023-09-29	33.59	31.24	38.76	110162735	Balance	15	19

Price vs TrendBelow-11.5%

Trend directionRising+10.0%

Price vs current Fair ValuePremium+119.9%

Fair Value directionMoving away-84.4%

Relative Strength vs benchmarkLeading+19.5%

Relative strength directionWeakening-12.8%

Price momentumNegative-15.1%

Volume balanceDemand-led1.19×

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

-22 / ±100

-21.6 points since 2026-09-11

Energy

20 /100

+7.9 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.

300548 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance60

Rotation Up36

Upward Expansion36

Deceleration43

Rotation Down25

Downward Expansion38

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 13%Rotation Up 6%Upward Expansion 39%Deceleration 15%Rotation Down 6%Downward Expansion 22%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-09-04	2026-10-09	Developing	-1.9%
Rotation Down	2026-07-31	2026-08-28	Developing	+51.5%
Deceleration	2026-06-12	2026-07-24	Developing	-27.1%
Upward Expansion	2025-12-12	2026-06-05	Established	+48.0%
Deceleration	2025-10-17	2025-12-05	Developing	+28.1%
Upward Expansion	2025-05-23	2025-10-10	Established	+118.5%
Rotation Down	2025-04-25	2025-05-16	New	+40.2%
Deceleration	2025-03-14	2025-04-18	Developing	-28.9%
Upward Expansion	2024-12-27	2025-03-07	Developing	-4.8%
Deceleration	2024-12-13	2024-12-20	New	+50.1%
Upward Expansion	2024-11-22	2024-12-06	New	+5.4%
Rotation Up	2024-10-04	2024-11-15	Developing	+4.7%
Downward Expansion	2024-05-17	2024-09-27	Established	-13.7%
Balance	2024-04-12	2024-05-10	Developing	-8.4%

Classic Stage Analysis comparison

Stage 1 · Basing17

Stage 2 · Advancing44

Stage 3 · Distribution54

Stage 4 · Declining39

Legacy result: Stage 3 · Stage 3A · Churning. 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: 12/100
Current Relative Strength: 19.54
Relative Strength direction: Weakening
Price momentum: -15.1%
Excess performance vs benchmark: -3.4%
Industrials regime cohort: 56th percentile220 in cohort

Test 300548 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.16×

Latest completed volume relative to typical participation.

Up/down volume1.19×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 3

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+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 300548 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 213.88rising

Slow Activity CNY 212.05rising

Trend Reference CNY 214.67-11.5% close margin

Current Fair Value CNY 86.45+119.9% close margin

Structural low CNY 139.01shock / 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 +14.9%

Annualized volatility +86.4%

From structural high -36.9%

From structural low +109.8%

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	11	-4.1%-27.5% to +23.8%	+36.4%	+36.4%	-0.5%	+36.4%	Usable descriptive sample
Intermediate	5	-8.7%-34.0% to +39.1%	+40.0%	+40.0%	+2.5%	+0.0%	Usable descriptive sample
Extended	4	-11.2%-31.0% to +136.3%	+25.0%	+25.0%	-3.3%	+0.0%	Too little matched history
Full cycle	3	+30.2%-2.1% to +39.0%	+66.7%	+66.7%	+32.4%	+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.

300548 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

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

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 ?

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