Weekly structural research · SHZ · Industrials

301326 Stage Analysis

J.Pond Precision Technology Co., Ltd.

Week ending 2 Oct 2026Close CNY 93.53Tenure DevelopingBenchmark 399001.SZ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Early 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: moderate and contracting.

Direction -65−100 bearish to +100 bullish

Energy 42/100directional strength

Maturity 60/100lifecycle context

Confidence 88/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderatecontracting separation

Price acceptance -50.0%position within the Activity structure

Fair Value context +21.0%CNY 77.29 · 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
2026-10-02	93.53	130.89	-18.28	4314556	Downward Expansion	-65	42
2026-09-25	105.22	132.91	-11.50	5149554	Downward Expansion	-44	33
2026-09-18	108.80	134.33	-10.78	8026853	Downward Expansion	-46	36
2026-09-11	95.74	135.67	-20.54	8885271	Downward Expansion	-53	40
2026-09-04	104.00	136.66	-14.25	13431970	Downward Expansion	-46	37
2026-08-28	104.02	137.30	-17.34	1915851	Downward Expansion	-49	41
2026-08-21	109.72	137.34	-13.77	2029629	Downward Expansion	-61	58
2026-08-14	105.42	137.20	-18.82	2778875	Downward Expansion	-63	79
2026-08-07	105.01	137.31	-19.10	4431502	Rotation Down	-66	82
2026-07-31	78.88	137.45	-35.95	1924958	Rotation Down	-57	80
2026-07-24	84.92	138.61	-32.11	1438600	Rotation Down	-57	72
2026-07-17	92.99	139.39	-25.39	2271431	Deceleration	-45	51
2026-07-10	149.97	139.69	9.63	3990900	Deceleration	6	14
2026-07-03	129.04	138.07	-8.47	1253145	Deceleration	-7	21
2026-06-26	142.01	137.28	-0.21	1241914	Deceleration	6	19
2026-06-19	152.00	135.86	5.67	7151163	Deceleration	22	25
2026-06-12	134.33	134.40	0.65	1516574	Deceleration	16	19
2026-06-05	147.97	133.79	8.83	2732080	Upward Expansion	41	24
2026-05-29	147.89	133.23	7.64	10024031	Upward Expansion	58	43
2026-05-22	185.34	132.60	35.75	13038091	Upward Expansion	68	76
2026-05-15	177.58	130.49	32.10	12999158	Upward Expansion	65	76
2026-05-08	192.30	128.86	44.83	6730404	Upward Expansion	81	85
2026-05-01	183.97	126.55	44.84	8222814	Upward Expansion	81	80
2026-04-24	159.00	124.68	28.55	12135409	Upward Expansion	66	61
2026-04-17	165.67	123.09	36.02	8346084	Deceleration	76	47
2026-04-10	152.01	121.10	31.57	7170762	Deceleration	56	27
2026-04-03	127.31	119.65	19.38	6023343	Deceleration	36	22
2026-03-27	125.00	119.68	14.80	6849506	Upward Expansion	44	30
2026-03-20	126.40	118.74	16.11	7460239	Upward Expansion	61	50
2026-03-13	140.66	117.92	26.41	14112117	Upward Expansion	66	80
2026-03-06	154.00	116.40	40.51	10227866	Upward Expansion	79	87
2026-02-27	147.82	113.93	33.15	9685332	Upward Expansion	80	85
2026-02-13	149.00	111.41	39.04	13374052	Deceleration	83	78
2026-02-06	125.65	108.91	19.93	13167301	Deceleration	53	38
2026-01-30	123.15	107.11	15.53	16173894	Deceleration	40	20
2026-01-23	105.20	105.53	-2.64	4998027	Deceleration	16	10
2026-01-16	105.52	104.50	-1.31	5934384	Deceleration	19	12
2026-01-09	108.65	103.22	2.82	8833801	Deceleration	24	15
2026-01-02	109.16	101.85	8.02	5841497	Deceleration	21	12
2025-12-26	113.77	100.54	12.14	12968889	Deceleration	11	10
2025-12-19	108.30	98.99	10.90	9026046	Deceleration	4	14
2025-12-12	102.00	97.40	3.85	6671308	Deceleration	1	19
2025-12-05	101.29	95.99	4.13	4863899	Deceleration	2	19
2025-11-28	105.33	94.58	9.71	4504873	Deceleration	21	22
2025-11-21	99.62	93.03	7.52	4467479	Deceleration	23	17
2025-11-14	108.04	91.53	10.67	7082016	Upward Expansion	41	27
2025-11-07	116.10	89.76	17.51	8116634	Upward Expansion	56	39
2025-10-31	131.29	87.69	34.03	13460891	Upward Expansion	65	49
2025-10-24	128.85	85.41	33.94	7861892	Upward Expansion	65	50
2025-10-17	122.00	83.14	33.96	13798316	Upward Expansion	62	52
2025-10-10	128.87	81.16	35.67	5949754	Upward Expansion	70	57
2025-10-03	122.99	79.07	29.99	5368490	Upward Expansion	68	55
2025-09-26	127.89	77.43	40.46	19502345	Upward Expansion	77	59
2025-09-19	111.30	75.64	25.64	14717905	Upward Expansion	65	59
2025-09-12	105.92	74.55	22.57	12121363	Upward Expansion	65	63
2025-09-05	108.50	73.57	30.47	18006628	Upward Expansion	67	84
2025-08-29	128.22	72.59	54.98	22620210	Upward Expansion	94	97
2025-08-22	96.68	70.88	23.96	20689870	Upward Expansion	73	85
2025-08-15	101.82	70.23	38.15	19903285	Upward Expansion	88	89
2025-08-08	95.03	69.29	36.96	20408874	Rotation Up	88	76
2025-08-01	80.00	68.42	18.66	19159148	Rotation Up	45	38
2025-07-25	72.02	68.18	6.43	11615904	Rotation Up	30	34
2025-07-18	74.10	68.27	13.16	12737187	Rotation Up	27	48
2025-07-11	71.55	68.29	12.72	7913599	Rotation Up	24	50
2025-07-04	75.94	68.47	22.92	13678421	Rotation Up	36	51
2025-06-27	74.10	68.63	23.01	14010822	Balance	33	34
2025-06-20	67.30	68.95	17.25	6097587	Balance	-3	21
2025-06-13	67.38	69.42	17.54	9779200	Balance	-4	18
2025-06-06	69.90	69.80	22.81	11651772	Downward Expansion	-9	18
2025-05-30	67.30	69.75	21.68	14451347	Downward Expansion	-28	20
2025-05-23	60.56	69.42	9.85	9925700	Downward Expansion	-42	28
2025-05-16	59.95	69.70	9.29	5175481	Downward Expansion	-47	36
2025-05-09	58.96	69.86	9.22	3998153	Downward Expansion	-60	49
2025-05-02	58.70	69.08	12.45	3887521	Rotation Down	-64	68
2025-04-25	54.62	68.46	5.63	4013700	Rotation Down	-44	66
2025-04-18	54.95	67.80	8.82	5243106	Rotation Down	-46	68
2025-04-11	54.04	66.99	7.58	8545957	Rotation Down	-50	66
2025-04-04	62.86	66.24	19.65	4515804	Rotation Down	-26	52
2025-03-28	60.79	65.23	14.41	3830483	Upward Expansion	-31	45
2025-03-21	62.42	64.48	17.93	5488216	Upward Expansion	-8	19
2025-03-14	66.34	63.49	23.43	7194597	Upward Expansion	5	8
2025-03-07	73.66	62.27	40.51	5869463	Upward Expansion	37	22
2025-02-28	74.40	60.74	47.28	8725504	Upward Expansion	51	32
2025-02-21	78.39	59.22	52.49	7544964	Upward Expansion	55	38
2025-02-14	76.76	57.58	55.53	8306803	Upward Expansion	53	37
2025-02-07	78.85	56.02	65.86	4356800	Deceleration	58	39
2025-01-31	76.97	54.52	71.88	1314800	Deceleration	54	32
2025-01-24	77.24	52.92	73.24	8361355	Deceleration	43	26
2025-01-17	73.50	51.42	69.67	8926700	Deceleration	37	23
2025-01-10	69.04	49.85	67.59	8303751	Deceleration	39	25
2025-01-03	72.70	48.41	77.03	7168327	Upward Expansion	43	31
2024-12-27	74.75	46.81	71.51	8988628	Upward Expansion	48	38
2024-12-20	74.70	45.31	74.07	11233890	Upward Expansion	61	50
2024-12-13	76.97	43.84	80.93	11748773	Upward Expansion	65	58
2024-12-06	80.88	42.21	91.76	13993441	Upward Expansion	67	68
2024-11-29	83.55	40.43	105.09	19971951	Upward Expansion	76	76
2024-11-22	81.56	38.56	107.90	16418365	Upward Expansion	80	69
2024-11-15	78.72	36.73	99.00	22998059	Upward Expansion	82	86
2024-11-08	68.50	34.97	69.91	22528459	Upward Expansion	77	88
2024-11-01	57.37	33.74	53.92	30337348	Upward Expansion	66	83
2024-10-25	69.00	32.78	84.14	39488385	Upward Expansion	92	95
2024-10-18	64.66	31.35	79.96	49081906	Upward Expansion	92	88
2024-10-11	35.60	30.12	3.58	20336699	Upward Expansion	52	43
2024-10-04	39.86	29.84	10.79	7372063	Upward Expansion	70	43
2024-09-27	34.88	29.44	7.49	17486008	Upward Expansion	55	27
2024-09-20	30.61	29.11	11.28	7265300	Upward Expansion	49	37
2024-09-13	31.72	28.91	16.71	12936196	Upward Expansion	51	49
2024-09-06	32.49	28.48	17.62	26520244	Upward Expansion	52	51
2024-08-30	38.36	28.20	35.89	45048192	Balance	70	53
2024-08-23	32.76	27.95	19.12	26777918	Balance	53	22
2024-08-16	29.65	28.02	5.94	7211951	Balance	29	15
2024-08-09	27.73	28.30	-1.21	7801047	Balance	26	13
2024-08-02	28.89	28.63	1.11	11244848	Balance	19	20
2024-07-26	29.04	28.99	1.06	14991420	Rotation Up	20	29
2024-07-19	30.07	29.26	1.05	21457914	Rotation Up	21	30
2024-07-12	33.72	29.48	13.98	36596372	Balance	31	30
2024-07-05	28.99	29.61	0.00	26512106	Balance	-14	8
2024-06-28	32.33	29.90	9.60	13211115	Balance	-2	5
2024-06-21	26.28	30.02	-12.84	9781651	Balance	-45	25
2024-06-14	25.94	30.40	-15.97	6507053	Balance	-36	17
2024-06-07	24.68	30.79	-20.43	12011428	Balance	-40	17
2024-05-31	29.83	31.18	-5.24	17311967	Balance	-11	9
2024-05-24	30.71	31.35	-3.04	13536012	Downward Expansion	-12	7
2024-05-17	27.88	31.41	-14.38	7553532	Downward Expansion	-34	19
2024-05-10	27.45	31.66	-15.87	9892769	Downward Expansion	-44	25
2024-05-03	27.60	31.95	-14.24	5023071	Downward Expansion	-43	20
2024-04-26	26.66	32.20	-16.31	10650375	Downward Expansion	-38	18
2024-04-19	25.73	—	—	20938852	Not yet classified	—	—
2024-04-12	31.79	—	—	27281016	Not yet classified	—	—
2024-04-05	28.49	—	—	5018171	Not yet classified	—	—
2024-03-29	26.12	—	—	6522652	Not yet classified	—	—
2024-03-22	27.68	—	—	6290889	Not yet classified	—	—
2024-03-15	27.42	—	—	7455937	Not yet classified	—	—
2024-03-08	27.67	—	—	13979113	Not yet classified	—	—
2024-03-01	25.15	—	—	9701391	Not yet classified	—	—
2024-02-23	24.34	—	—	7058447	Not yet classified	—	—
2024-02-09	18.83	—	—	6910526	Not yet classified	—	—
2024-02-02	24.17	—	—	4284401	Not yet classified	—	—
2024-01-26	31.02	—	—	4984150	Not yet classified	—	—
2024-01-19	34.61	—	—	4141382	Not yet classified	—	—
2024-01-12	38.09	—	—	4711096	Not yet classified	—	—
2024-01-05	37.64	—	—	4546275	Not yet classified	—	—
2023-12-29	39.85	—	—	7347481	Not yet classified	—	—
2023-12-22	36.93	—	—	6166399	Not yet classified	—	—
2023-12-15	36.75	—	—	2950891	Not yet classified	—	—
2023-12-08	37.57	—	—	3715962	Not yet classified	—	—
2023-12-01	37.70	—	—	5114789	Not yet classified	—	—
2023-11-24	36.15	—	—	2624956	Not yet classified	—	—
2023-11-17	37.43	—	—	4856004	Not yet classified	—	—
2023-11-10	37.75	—	—	6100117	Not yet classified	—	—
2023-11-03	36.26	—	—	3183435	Not yet classified	—	—
2023-10-27	35.13	—	—	2785282	Not yet classified	—	—
2023-10-20	32.59	—	—	2384542	Not yet classified	—	—
2023-10-13	35.22	—	—	3324757	Not yet classified	—	—
2023-09-29	36.06	—	—	2383542	Not yet classified	—	—
2023-09-22	35.27	—	—	2590984	Not yet classified	—	—

Price vs TrendBelow-28.5%

Trend directionFalling-5.6%

Price vs current Fair ValuePremium+21.0%

Fair Value directionMoving away-58.8%

Relative Strength vs benchmarkLagging-18.3%

Relative strength directionWeakening-9.8%

Price momentumNegative-26.5%

Volume balanceSupply-led0.54×

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

-65 / ±100

-18.8 points since 2026-09-04

Energy

42 /100

+5.9 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.

301326 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance28

Rotation Up27

Upward Expansion6

Deceleration58

Rotation Down45

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

2023-09-22 to 2026-10-02 · 127 classified observations out of 156 shown.

Balance 12%Rotation Up 6%Upward Expansion 40%Deceleration 21%Rotation Down 6%Downward Expansion 14%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-08-14	2026-10-02	Developing	-11.3%
Rotation Down	2026-07-24	2026-08-07	New	+23.7%
Deceleration	2026-06-12	2026-07-17	Developing	-30.8%
Upward Expansion	2026-04-24	2026-06-05	Developing	-6.9%
Deceleration	2026-04-03	2026-04-17	New	+30.1%
Upward Expansion	2026-02-27	2026-03-27	Developing	-15.4%
Deceleration	2025-11-21	2026-02-13	Established	+49.6%
Upward Expansion	2025-08-15	2025-11-14	Established	+6.1%
Rotation Up	2025-07-04	2025-08-08	Developing	+25.1%
Balance	2025-06-13	2025-06-27	New	+10.0%
Downward Expansion	2025-05-09	2025-06-06	Developing	+18.6%
Rotation Down	2025-04-04	2025-05-02	Developing	-6.6%
Upward Expansion	2025-02-14	2025-03-28	Developing	-20.8%
Deceleration	2025-01-10	2025-02-07	Developing	+14.2%

Classic Stage Analysis comparison

Stage 1 · Basing31

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 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

Lagging benchmark

Architecture confirmation: 95/100
Current Relative Strength: -18.28
Relative Strength direction: Weakening
Price momentum: -26.5%
Excess performance vs benchmark: -23.0%
Industrials regime cohort: 38th percentile447 in cohort

Test 301326 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.88×

Latest completed volume relative to typical participation.

Up/down volume0.54×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 3

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 301326 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 100.69falling

Slow Activity CNY 119.29falling

Trend Reference CNY 130.89-28.5% close margin

Current Fair Value CNY 77.29+21.0% close margin

Structural low CNY 76.46shock / 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 +19.1%

Annualized volatility +104.6%

From structural high -53.2%

From structural low +22.3%

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	5	+8.6%-14.4% to +18.6%	+60.0%	+40.0%	+5.4%	+60.0%	Usable descriptive sample
Intermediate	2	+35.0%+8.9% to +61.2%	+100.0%	+0.0%	+34.7%	+0.0%	Too little matched history
Extended	2	+127.8%+96.9% to +158.8%	+100.0%	+0.0%	+105.6%	+0.0%	Too little matched history
Full cycle	2	+153.0%+104.8% to +201.2%	+100.0%	+0.0%	+123.8%	+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.

301326 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