Weekly structural research ยท SHZ ยท Healthcare

300452 Stage Analysis

Anhui Sunhere Pharmaceutical Excipients Co.,Ltd.

Week ending 2 Oct 2026Close CNY 13.26Tenure DevelopingBenchmark 399001.SZ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Balance ยท 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: moderate and expanding.
Direction 7โˆ’100 bearish to +100 bullish
Energy 16/100directional strength
Maturity 11/100lifecycle context
Confidence 54/100evidence agreement
Trend gate Downstructural direction
Activity structure Moderateexpanding separation
Price acceptance +66.7%position within the Activity structure
Fair Value context +3.8%CNY 12.77 ยท improving
Trend Architecture map ยท 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 ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-0213.2613.066.3510216476Balance716
2026-09-2513.1213.131.9416525467Balance18
2026-09-1812.7713.22-3.1813380352Balance-910
2026-09-1112.6013.32-3.4818080026Balance-1013
2026-09-0412.8513.42-2.1723442888Balance-818
2026-08-2812.9313.50-4.834700150Downward Expansion-818
2026-08-2112.7713.60-7.3816655035Downward Expansion-2822
2026-08-1412.9513.69-8.316316320Downward Expansion-3524
2026-08-0712.5913.72-11.235452414Downward Expansion-4232
2026-07-3112.1413.74-10.522784520Downward Expansion-4842
2026-07-2411.5613.78-16.593870000Downward Expansion-7353
2026-07-1712.4713.85-10.347630730Downward Expansion-5147
2026-07-1012.0213.89-21.834166345Downward Expansion-6461
2026-07-0312.4613.96-22.663977567Downward Expansion-6773
2026-06-2611.4014.03-30.553184830Downward Expansion-8593
2026-06-1911.9114.10-29.1611941334Downward Expansion-7789
2026-06-1212.1514.18-23.223874914Downward Expansion-7589
2026-06-0512.1914.23-25.282477322Downward Expansion-8089
2026-05-2912.3914.29-25.9524374133Rotation Down-8184
2026-05-2212.5514.33-25.6422205077Rotation Down-5773
2026-05-1513.2214.35-22.0723226047Rotation Down-4063
2026-05-0813.7514.35-19.3812990316Rotation Down-2650
2026-05-0113.7614.32-17.3117570930Deceleration-2539
2026-04-2413.5214.29-18.2534214037Deceleration-3027
2026-04-1714.4014.28-13.1225306370Deceleration811
2026-04-1014.4814.25-9.2921354788Deceleration2016
2026-04-0314.8514.22-0.5932115483Deceleration3019
2026-03-2714.8714.17-3.3827849456Deceleration3519
2026-03-2014.6114.15-5.7920745368Upward Expansion4125
2026-03-1315.2814.13-4.3221003704Upward Expansion5739
2026-03-0615.4014.09-2.7836363070Upward Expansion6149
2026-02-2715.7914.05-2.4727231001Upward Expansion6663
2026-02-1315.6213.99-0.7853620930Upward Expansion6469
2026-02-0615.8213.941.9185397389Upward Expansion6974
2026-01-3015.2913.87-3.5386392803Upward Expansion6269
2026-01-2315.6913.84-2.7098971811Balance7268
2026-01-1615.5413.72-2.60116956457Balance6640
2026-01-0913.7313.60-13.0027968608Balance310
2026-01-0213.3813.54-11.7212185816Balance-1116
2025-12-2613.3413.51-12.7118587769Balance1611
2025-12-1913.5913.48-8.2020421389Upward Expansion3218
2025-12-1213.5513.44-9.5126640840Upward Expansion4626
2025-12-0514.2013.40-4.6431267333Upward Expansion5848
2025-11-2814.5213.32-1.4169948958Deceleration6958
2025-11-2113.6813.22-3.9095990303Deceleration5244
2025-11-1414.1413.16-5.8628211140Deceleration6351
2025-11-0713.8813.09-8.9929527416Deceleration4431
2025-10-3113.9312.99-8.6732253549Deceleration4323
2025-10-2413.6312.93-10.2040738007Deceleration1811
2025-10-1713.1512.86-9.4520620454Deceleration716
2025-10-1013.0312.81-14.967110327Deceleration618
2025-10-0312.9112.76-17.145841681Deceleration414
2025-09-2612.9012.70-15.5817264258Deceleration1915
2025-09-1913.1812.64-13.1719145349Deceleration3019
2025-09-1213.5512.59-10.0828936940Deceleration3618
2025-09-0513.5412.53-8.0928926055Upward Expansion4024
2025-08-2913.3312.47-10.5759942931Upward Expansion4530
2025-08-2214.1912.41-1.0552130900Upward Expansion6245
2025-08-1513.9912.321.8652716924Upward Expansion6248
2025-08-0814.1412.237.4477251526Upward Expansion6566
2025-08-0114.3112.1310.06113525588Upward Expansion7077
2025-07-2514.0412.026.3459084323Upward Expansion6780
2025-07-1813.9811.968.4357680080Upward Expansion7078
2025-07-1113.7811.929.19108485175Upward Expansion6863
2025-07-0414.3911.8816.19221835564Balance7745
2025-06-2712.1211.82-0.7118149176Balance3516
2025-06-2011.7511.83-0.2821185903Rotation Up4524
2025-06-1312.1411.841.6634474595Rotation Up5545
2025-06-0612.4411.843.4130414800Rotation Up3247
2025-05-3012.5111.865.3643622653Balance3646
2025-05-2312.4011.843.3744759801Balance2633
2025-05-1612.1711.840.7942648980Balance1921
2025-05-0911.8911.84-1.3122871621Balance-59
2025-05-0211.6311.85-1.4016085397Balance-158
2025-04-2511.7211.89-1.0551196008Balance-139
2025-04-1812.0811.883.2884872697Balance-36
2025-04-1110.9011.81-7.3629083757Balance-6327
2025-04-0411.9811.79-3.7220494983Balance-1514
2025-03-2811.6711.73-8.5816542746Balance-1914
2025-03-2111.5311.70-10.6814530763Balance-2533
2025-03-1411.5011.66-13.5412811204Balance-2531
2025-03-0711.2511.64-14.6312147327Balance-3125
2025-02-2811.1211.63-14.1117390867Balance-2616
2025-02-2111.7211.62-12.9012906734Balance27
2025-02-1411.8011.58-10.7210802471Rotation Down1712
2025-02-0711.6911.54-10.396542119Rotation Down-1623
2025-01-3111.4911.51-8.581568520Rotation Down-1942
2025-01-2411.4511.49-10.458384754Rotation Down-2040
2025-01-1711.3311.48-10.648585786Balance-2031
2025-01-1011.0211.49-10.3512434982Balance-820
2025-01-0311.2311.51-10.0211288709Upward Expansion1811
2024-12-2712.1911.54-9.7614374828Upward Expansion5131
2024-12-2012.5611.54-7.3217688899Upward Expansion5336
2024-12-1312.7611.54-6.8129832729Upward Expansion6036
2024-12-0612.5711.56-9.2916930351Upward Expansion5733
2024-11-2912.5011.56-8.7317607670Rotation Up5736
2024-11-2212.0011.56-11.3420049525Rotation Up2524
2024-11-1512.2011.56-12.9140970648Rotation Up2929
2024-11-0812.8911.55-11.7841828817Rotation Up4546
2024-11-0112.0311.52-12.4732203921Rotation Up2344
2024-10-2512.1811.54-13.1639541534Rotation Up2450
2024-10-1812.2211.54-11.0519609787Rotation Up2538
2024-10-1112.1811.54-9.0944426531Rotation Up2532
2024-10-0412.7911.54-9.0613546622Rotation Up1621
2024-09-2711.4911.51-9.8916888643Downward Expansion-3026
2024-09-2010.1011.53-6.914219897Downward Expansion-6860
2024-09-1310.1111.59-5.927466705Downward Expansion-7060
2024-09-0610.4211.64-4.859473104Downward Expansion-6244
2024-08-3010.7911.64-4.0812669190Downward Expansion-5539
2024-08-2310.2811.69-6.858647529Downward Expansion-7147
2024-08-1610.9611.76-2.7611899261Downward Expansion-5843
2024-08-0910.8111.83-4.5013032762Downward Expansion-6149
2024-08-0210.8211.92-6.2412700417Downward Expansion-6464
2024-07-2610.3912.01-10.547532285Downward Expansion-7578
2024-07-1910.7312.11-11.047478367Downward Expansion-7076
2024-07-1210.7912.22-10.218831384Downward Expansion-7275
2024-07-0510.8312.33-8.6311964298Downward Expansion-7573
2024-06-2811.0812.45-8.5012277961Downward Expansion-7262
2024-06-2111.6212.58-6.619181980Balance-5838
2024-06-1411.8812.68-6.948457815Balance-4226
2024-06-0711.8812.77-7.3712704940Balance-3415
2024-05-3112.4512.85-4.5123430793Balance-717
2024-05-2412.4512.90-5.4629624258Balance-718
2024-05-1713.2412.95-2.6346454992Balance818
2024-05-1012.6713.00-7.1925659872Balance-1410
2024-05-0312.5713.06-6.8111728507Downward Expansion-2315
2024-04-2611.9013.12-10.8416030036Downward Expansion-4926
2024-04-1911.8313.20-9.8112758971Downward Expansion-4223
2024-04-1212.2213.28-6.4810676031Downward Expansion-3519
2024-04-0512.4713.33-7.997602562Downward Expansion-3620
2024-03-2912.1313.36-9.239636228Downward Expansion-4026
2024-03-2212.2113.42-10.4012075768Downward Expansion-4128
2024-03-1512.2813.49-10.6116131489Downward Expansion-4431
2024-03-0811.7213.56-12.6413688602Downward Expansion-6046
2024-03-0112.1413.65-10.3118633995Downward Expansion-6255
2024-02-2312.1013.74-7.1518479989Downward Expansion-6572
2024-02-0911.6313.84-8.2726635658Downward Expansion-6785
2024-02-0210.3713.95-10.6314202122Downward Expansion-9797
2024-01-2612.1314.16-4.0218334958Downward Expansion-8788
2024-01-1912.4314.31-1.9711479917Downward Expansion-8783
2024-01-1213.1914.461.6611176404Downward Expansion-7374
2024-01-0513.4514.602.248864678Downward Expansion-6568
2023-12-2913.6214.73-0.7511441567Downward Expansion-6062
2023-12-2213.3514.880.4612392355Balance-7055
2023-12-1513.8415.032.4715684226Balance-4825
2023-12-0814.1315.103.0013192084Balance-2414
2023-12-0114.6415.205.1313050054Balance-1114
2023-11-2414.8315.275.2816310055Balance-1113
2023-11-1714.6115.342.4811859348Downward Expansion-2516
2023-11-1014.4815.431.7917000124Downward Expansion-4029
2023-11-0314.3015.511.8916582987Downward Expansion-5033
2023-10-2714.1915.632.1122862640Downward Expansion-4330
2023-10-2013.7615.681.4314454015Downward Expansion-5635
2023-10-1314.7215.783.5218564570Downward Expansion-3727
2023-09-2914.5115.862.1510374783Downward Expansion-4231
2023-09-2214.3915.931.0713141566Downward Expansion-4741
Price vs TrendAbove+1.5%
Trend directionFalling-5.2%
Price vs current Fair ValuePremium+3.8%
Fair Value directionClosing upward+7.6%
Relative Strength vs benchmarkLeading+6.3%
Relative strength directionImproving+29.0%
Price momentumNegative-10.7%
Volume balanceDemand-led1.01ร—
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

7 / ยฑ100

+14.9 points since 2026-09-04

Energy

16 /100

-2.6 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance46
Rotation Up39
Upward Expansion39
Deceleration29
Rotation Down19
Downward Expansion42

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 todayโ€™s regime

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

Balance 26%Rotation Up 8%Upward Expansion 15%Deceleration 12%Rotation Down 5%Downward Expansion 34%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-09-042026-10-02Developing+3.2%
Downward Expansion2026-06-052026-08-28Established+6.1%
Rotation Down2026-05-082026-05-29New-9.9%
Deceleration2026-03-272026-05-01Developing-7.5%
Upward Expansion2026-01-302026-03-20Developing-4.4%
Balance2025-12-262026-01-23Developing+17.6%
Upward Expansion2025-12-052025-12-19New-4.3%
Deceleration2025-09-122025-11-28Developing+7.2%
Upward Expansion2025-07-112025-09-05Developing-1.7%
Balance2025-06-272025-07-04New+18.7%
Rotation Up2025-06-062025-06-20New-5.6%
Balance2025-02-212025-05-30Established+6.7%
Rotation Down2025-01-242025-02-14New+3.1%
Balance2025-01-102025-01-17New+2.8%
Classic Stage Analysis comparison
Stage 1 ยท Basing61
Stage 2 ยท Advancing39
Stage 3 ยท Distribution31
Stage 4 ยท Declining61

Legacy result: Stage 4 ยท Stage 4C ยท Repair watch. 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
53/100
Current Relative Strength
6.35
Relative Strength direction
Improving
Price momentum
-10.7%
Excess performance vs benchmark
-7.2%
Healthcare regime cohort
41th percentile90 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.00ร—

Latest completed volume relative to typical participation.

Up/down volume1.01ร—

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+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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity CNY 13.01rising
Slow Activity CNY 12.71falling
Trend Reference CNY 13.06+1.5% close margin
Current Fair Value CNY 12.77+3.8% close margin
Structural low CNY 11.37shock / 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 +4.8%
Annualized volatility +26.1%
From structural high -22.6%
From structural low +16.6%
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 movePositive periodsDirectional follow-through Median excess vs 399001.SZ Regime survived Read
Near term21+0.6%-20.6% to +20.1%+52.4%+52.4%+0.3%+52.4%Usable descriptive sample
Intermediate9-1.1%-18.1% to +38.5%+44.4%+44.4%-0.8%+22.2%Usable descriptive sample
Extended6+1.3%-17.4% to +42.5%+66.7%+66.7%+3.7%+0.0%Usable descriptive sample
Full cycle3+24.6%-34.3% to +27.7%+66.7%+66.7%-12.9%+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.

Evidence context