Weekly structural research · SHH · Utilities

600674 Stage Analysis

Sichuan Chuantou Energy Co.Ltd

Week ending 9 Oct 2026Close CNY 17.04Tenure NewBenchmark 000001.SS

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Early expansion

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

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

Direction 85−100 bearish to +100 bullish

Energy 86/100directional strength

Maturity 17/100lifecycle context

Confidence 82/100evidence agreement

Trend gate Upstructural direction

Activity structure Wideexpanding separation

Price acceptance +100.0%position within the Activity structure

Fair Value context +9.5%CNY 15.56 · 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
2026-10-09	17.04	15.26	19.01	80514176	Upward Expansion	85	86
2026-10-02	16.62	15.22	15.68	93815120	Upward Expansion	81	80
2026-09-25	16.27	15.17	12.24	90799651	Upward Expansion	77	74
2026-09-18	15.76	15.11	8.31	133100598	Upward Expansion	62	62
2026-09-11	15.95	15.05	10.44	108599602	Balance	68	56
2026-09-04	15.76	14.98	8.07	17380760	Balance	65	38
2026-08-28	15.39	14.92	5.02	15463920	Balance	53	25
2026-08-21	15.25	14.88	5.23	15863347	Balance	51	38
2026-08-14	15.03	14.84	3.01	25974743	Balance	51	35
2026-08-07	14.97	14.80	2.03	31333613	Balance	51	38
2026-07-31	15.81	14.77	10.46	38531527	Balance	64	41
2026-07-24	15.59	14.71	9.26	39050544	Balance	45	21
2026-07-17	15.31	14.67	8.49	70901218	Rotation Down	2	23
2026-07-10	14.22	14.64	-5.26	37837618	Rotation Down	-20	42
2026-07-03	14.13	14.66	-7.42	28544442	Balance	-20	39
2026-06-26	13.56	14.67	-11.29	23156147	Balance	-33	28
2026-06-19	14.31	14.70	-8.42	181710859	Upward Expansion	15	10
2026-06-12	15.60	14.71	0.68	50264494	Upward Expansion	60	39
2026-06-05	15.15	14.69	-2.55	43651512	Upward Expansion	47	25
2026-05-29	15.50	14.68	-1.86	203772658	Upward Expansion	58	30
2026-05-22	14.86	14.66	-7.48	178916026	Upward Expansion	44	24
2026-05-15	14.99	14.66	-7.78	194029458	Upward Expansion	47	28
2026-05-08	15.26	14.65	-7.76	75646918	Upward Expansion	43	23
2026-05-01	15.31	14.61	-6.57	118411707	Upward Expansion	41	22
2026-04-24	14.93	14.58	-8.72	191783767	Upward Expansion	30	20
2026-04-17	14.52	14.56	-11.16	104979701	Upward Expansion	31	17
2026-04-10	14.65	14.56	-9.54	91344622	Upward Expansion	56	38
2026-04-03	15.07	14.57	-4.94	160009714	Upward Expansion	63	73
2026-03-27	15.41	14.56	-3.99	168571062	Rotation Up	64	79
2026-03-20	15.60	14.57	-4.12	151617144	Rotation Up	49	67
2026-03-13	15.72	14.56	-6.83	278809669	Rotation Up	45	48
2026-03-06	15.33	14.55	-9.99	281311459	Rotation Up	8	19
2026-02-27	14.44	14.56	-16.26	116294370	Downward Expansion	-34	24
2026-02-13	13.85	14.60	-18.47	66775323	Downward Expansion	-65	45
2026-02-06	14.03	14.67	-17.51	110268651	Downward Expansion	-59	43
2026-01-30	13.92	14.73	-19.63	150150202	Downward Expansion	-65	51
2026-01-23	14.03	14.79	-19.86	127157762	Downward Expansion	-63	65
2026-01-16	13.96	14.84	-20.05	109340547	Downward Expansion	-70	72
2026-01-09	14.05	14.90	-20.37	82381612	Downward Expansion	-67	68
2026-01-02	13.90	14.96	-18.76	63361784	Downward Expansion	-78	70
2025-12-26	14.24	15.03	-17.22	62823000	Downward Expansion	-67	52
2025-12-19	14.34	15.11	-15.58	73932397	Downward Expansion	-64	47
2025-12-12	14.45	15.19	-15.38	83099870	Downward Expansion	-60	44
2025-12-05	14.61	15.26	-15.15	56942241	Downward Expansion	-53	38
2025-11-28	14.58	15.33	-15.43	91583597	Downward Expansion	-53	34
2025-11-21	14.35	15.40	-16.00	77142708	Downward Expansion	-65	36
2025-11-14	14.65	15.47	-18.02	103943012	Downward Expansion	-40	21
2025-11-07	15.09	15.52	-16.14	109154964	Downward Expansion	-35	24
2025-10-31	14.72	15.57	-17.69	127132010	Downward Expansion	-41	28
2025-10-24	14.84	15.62	-17.41	104622040	Downward Expansion	-47	37
2025-10-17	14.84	15.65	-15.47	148889006	Downward Expansion	-62	51
2025-10-10	14.72	15.66	-17.87	64793094	Downward Expansion	-66	73
2025-10-03	14.28	15.66	-20.60	31585690	Downward Expansion	-75	89
2025-09-26	14.34	15.68	-19.74	104152153	Downward Expansion	-76	89
2025-09-19	14.34	15.68	-20.19	168940059	Downward Expansion	-83	91
2025-09-12	14.53	15.71	-20.96	159401645	Rotation Down	-84	87
2025-09-05	14.88	15.73	-18.63	161984170	Rotation Down	-50	70
2025-08-29	14.89	15.74	-20.27	172035118	Rotation Down	-53	64
2025-08-22	15.51	15.76	-16.93	97700235	Rotation Down	-30	45
2025-08-15	15.32	15.75	-15.77	101029338	Deceleration	-32	37
2025-08-08	15.53	15.75	-13.86	66243434	Deceleration	-22	21
2025-08-01	15.54	15.75	-12.66	163974429	Rotation Down	-23	19
2025-07-25	15.81	15.77	-12.66	171031684	Rotation Down	5	11
2025-07-18	15.85	15.80	-11.67	89583556	Rotation Down	-17	28
2025-07-11	15.72	15.83	-12.43	98290748	Deceleration	-19	28
2025-07-04	15.85	15.85	-11.38	92106605	Deceleration	-15	26
2025-06-27	15.61	15.88	-12.06	94884798	Upward Expansion	-11	25
2025-06-20	15.62	15.89	-10.81	80779382	Upward Expansion	11	20
2025-06-13	15.90	15.91	-10.07	73986127	Upward Expansion	33	20
2025-06-06	16.01	15.92	-10.01	92923524	Upward Expansion	45	30
2025-05-30	16.43	15.95	-6.99	68811518	Rotation Up	62	47
2025-05-23	16.80	15.96	-5.15	77520404	Rotation Up	42	48
2025-05-16	16.63	15.95	-6.81	74266777	Rotation Up	39	51
2025-05-09	16.80	15.96	-5.16	74134921	Rotation Up	39	60
2025-05-02	16.57	15.99	-4.68	52692759	Rotation Up	35	61
2025-04-25	16.41	16.05	-6.07	80634134	Rotation Up	32	51
2025-04-18	16.27	16.09	-6.45	110571790	Rotation Up	28	40
2025-04-11	16.41	16.10	-4.61	221293945	Downward Expansion	15	31
2025-04-04	16.29	16.12	-8.38	101252052	Downward Expansion	-4	18
2025-03-28	15.73	16.14	-11.82	126556728	Downward Expansion	-41	30
2025-03-21	15.13	16.18	-15.71	110338497	Downward Expansion	-62	58
2025-03-14	14.88	16.26	-18.60	87536799	Downward Expansion	-65	68
2025-03-07	14.64	16.36	-19.02	78148444	Downward Expansion	-73	76
2025-02-28	14.60	16.47	-18.25	139560902	Downward Expansion	-76	57
2025-02-21	15.08	16.60	-17.20	141293174	Downward Expansion	-66	51
2025-02-14	15.17	16.72	-16.11	93307228	Downward Expansion	-67	65
2025-02-07	15.24	16.85	-14.76	57624967	Downward Expansion	-67	73
2025-01-31	15.50	16.97	-12.18	27154682	Downward Expansion	-63	75
2025-01-24	15.11	17.09	-14.51	87869245	Downward Expansion	-75	78
2025-01-17	15.30	17.18	-13.20	100526396	Downward Expansion	-74	68
2025-01-10	15.57	17.24	-9.68	105639161	Downward Expansion	-68	43
2025-01-03	16.14	17.32	-7.65	125767084	Downward Expansion	-45	23
2024-12-27	16.82	17.37	-9.03	139972429	Downward Expansion	-36	18
2024-12-20	16.66	17.39	-9.02	175170329	Downward Expansion	-41	26
2024-12-13	16.38	17.39	-11.08	153538527	Downward Expansion	-54	35
2024-12-06	16.59	17.38	-10.25	367146543	Downward Expansion	-56	43
2024-11-29	16.07	17.35	-10.89	106027392	Downward Expansion	-65	60
2024-11-22	16.25	17.35	-8.15	128776201	Rotation Down	-63	60
2024-11-15	16.26	17.34	-9.67	156296696	Rotation Down	-38	51
2024-11-08	16.76	17.34	-10.03	154748735	Balance	-27	40
2024-11-01	16.67	17.32	-5.55	162759176	Balance	-29	29
2024-10-25	16.46	17.29	-7.34	186492450	Balance	-23	11
2024-10-18	17.14	17.27	-2.31	195261131	Deceleration	19	15
2024-10-11	17.70	17.22	2.51	275556023	Deceleration	25	15
2024-10-04	18.38	17.15	3.03	67930519	Deceleration	35	16
2024-09-27	17.40	17.07	5.74	141440587	Deceleration	-17	23
2024-09-20	16.77	16.99	15.43	60018343	Deceleration	-24	32
2024-09-13	16.77	16.94	17.50	98061331	Deceleration	-7	25
2024-09-06	17.17	16.87	18.35	74755321	Deceleration	4	21
2024-08-30	16.77	16.80	13.13	72278124	Deceleration	5	20
2024-08-23	17.49	16.72	18.00	64457706	Deceleration	35	25
2024-08-16	17.83	16.60	20.01	72887710	Upward Expansion	44	32
2024-08-09	17.94	16.48	22.38	57545600	Upward Expansion	60	50
2024-08-02	18.61	16.36	25.98	70900411	Upward Expansion	65	62
2024-07-26	18.75	16.23	28.57	93638376	Upward Expansion	66	76
2024-07-19	19.11	16.07	28.09	68193757	Upward Expansion	81	86
2024-07-12	18.85	15.89	27.86	77090326	Upward Expansion	82	74
2024-07-05	18.82	15.73	29.58	63691904	Upward Expansion	88	83
2024-06-28	17.91	15.56	23.60	83139833	Upward Expansion	76	86
2024-06-21	17.22	15.41	18.47	86039179	Upward Expansion	67	85
2024-06-14	17.77	15.29	21.53	96364295	Upward Expansion	80	91
2024-06-07	17.85	15.15	22.10	104148355	Upward Expansion	87	89
2024-05-31	17.21	15.03	17.09	90779069	Upward Expansion	78	64
2024-05-24	16.78	14.92	14.70	83036076	Upward Expansion	74	48
2024-05-17	16.00	14.82	7.68	85830539	Upward Expansion	55	35
2024-05-10	15.87	14.77	7.17	78867545	Upward Expansion	55	41
2024-05-03	16.00	14.71	10.26	40831122	Upward Expansion	59	47
2024-04-26	15.91	14.65	10.74	61221442	Upward Expansion	60	47
2024-04-19	16.30	14.60	14.94	88018538	Upward Expansion	69	53
2024-04-12	16.22	14.53	16.90	95802360	Upward Expansion	72	53
2024-04-05	15.55	14.46	11.02	48260989	Upward Expansion	61	49
2024-03-29	15.91	14.42	15.24	52206315	Upward Expansion	69	67
2024-03-22	15.76	14.37	14.62	65310902	Upward Expansion	69	69
2024-03-15	15.46	14.31	12.83	68127081	Upward Expansion	64	72
2024-03-08	16.05	14.27	18.18	84202981	Upward Expansion	86	82
2024-03-01	15.09	14.20	12.58	84082037	Upward Expansion	65	69
2024-02-23	15.32	14.16	15.90	85632380	Upward Expansion	76	72
2024-02-09	14.71	14.12	17.43	127244062	Upward Expansion	61	50
2024-02-02	14.82	14.07	25.02	109914587	Balance	68	44
2024-01-26	14.54	14.05	16.03	153210775	Balance	52	32
2024-01-19	13.90	14.02	14.70	118119333	Balance	15	18
2024-01-12	14.19	14.01	15.73	121847471	Balance	43	37
2024-01-05	14.43	14.01	16.43	107014133	Balance	32	30
2023-12-29	14.45	13.98	15.54	121109787	Balance	23	22
2023-12-22	14.02	13.97	15.17	58372969	Balance	-30	16
2023-12-15	13.94	13.96	14.23	52487963	Rotation Down	-51	28
2023-12-08	13.93	13.96	13.77	71123756	Rotation Down	-29	41
2023-12-01	13.60	13.96	9.33	71247856	Rotation Down	-33	52
2023-11-24	13.41	13.95	8.08	58468033	Balance	-35	49
2023-11-17	13.58	13.93	9.41	48402268	Balance	-26	30
2023-11-10	13.82	13.91	12.44	37977165	Balance	2	11
2023-11-03	14.05	13.86	15.26	42415968	Balance	15	10
2023-10-27	14.00	13.81	15.87	44495545	Upward Expansion	25	13
2023-10-20	13.85	13.74	16.50	66471247	Upward Expansion	24	12
2023-10-13	14.35	13.70	17.10	35068902	Upward Expansion	54	33
2023-09-29	14.14	13.62	15.03	23760496	Upward Expansion	49	29

Price vs TrendAbove+11.7%

Trend directionRising+3.3%

Price vs current Fair ValuePremium+9.5%

Fair Value directionClosing upward+17.3%

Relative Strength vs benchmarkLeading+19.0%

Relative strength directionImproving+24.3%

Price momentumPositive+16.3%

Volume balanceDemand-led3.63×

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

85 / ±100

+17.1 points since 2026-09-11

Energy

86 /100

+29.7 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.

600674 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance1

Rotation Up84

Upward Expansion97

Deceleration39

Rotation Down9

Downward Expansion19

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 7%Upward Expansion 33%Deceleration 8%Rotation Down 9%Downward Expansion 28%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-09-18	2026-10-09	New	+8.1%
Balance	2026-07-24	2026-09-11	Developing	+2.3%
Rotation Down	2026-07-10	2026-07-17	New	+7.6%
Balance	2026-06-26	2026-07-03	New	+4.2%
Upward Expansion	2026-04-03	2026-06-19	Developing	-5.0%
Rotation Up	2026-03-06	2026-03-27	New	+0.5%
Downward Expansion	2025-09-19	2026-02-27	Established	+0.7%
Rotation Down	2025-08-22	2025-09-12	New	-6.3%
Deceleration	2025-08-08	2025-08-15	New	-1.4%
Rotation Down	2025-07-18	2025-08-01	New	-2.0%
Deceleration	2025-07-04	2025-07-11	New	-0.8%
Upward Expansion	2025-06-06	2025-06-27	New	-2.5%
Rotation Up	2025-04-18	2025-05-30	Developing	+1.0%
Downward Expansion	2024-11-29	2025-04-11	Established	+2.1%

Classic Stage Analysis comparison

Stage 1 · Basing38

Stage 2 · Advancing100

Stage 3 · Distribution44

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. 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

Leading benchmark

Architecture confirmation: 99/100
Current Relative Strength: 19.01
Relative Strength direction: Improving
Price momentum: +16.3%
Excess performance vs benchmark: +20.6%
Utilities regime cohort: 100th percentile8 in cohort

Test 600674 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.21×

Latest completed volume relative to typical participation.

Up/down volume3.63×

Participation balance between advancing and declining observations.

Accumulation / distribution5 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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 600674 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 16.53rising

Slow Activity CNY 15.46rising

Trend Reference CNY 15.26+11.7% close margin

Current Fair Value CNY 15.56+9.5% close margin

Structural low CNY 13.42shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +3.6%

Annualized volatility +23.8%

From structural high -0.9%

From structural low +27.0%

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 000001.SS	Regime survived	Read
Near term	25	+0.3%-12.5% to +12.5%	+52.0%	+52.0%	+0.4%	+72.0%	Usable descriptive sample
Intermediate	11	+1.0%-11.8% to +13.3%	+54.5%	+54.5%	-1.3%	+45.5%	Usable descriptive sample
Extended	7	+9.1%-8.8% to +18.2%	+57.1%	+57.1%	+9.5%	+42.9%	Usable descriptive sample
Full cycle	4	+13.4%-14.1% to +25.8%	+75.0%	+75.0%	+16.9%	+75.0%	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.

600674 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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

The weekly architecture is expanding upward.

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