Weekly structural research ยท SHZ ยท Industrials

300709 Stage Analysis

Jiangsu Gian Technology Co., Ltd.

Week ending 2 Oct 2026Close CNY 34.39Tenure NewBenchmark 399001.SZ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Downward Expansion ยท 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: weakening.
  • Activity structure: wide and expanding.
Direction -72โˆ’100 bearish to +100 bullish
Energy 66/100directional strength
Maturity 20/100lifecycle context
Confidence 88/100evidence agreement
Trend gate Downstructural direction
Activity structure Wideexpanding separation
Price acceptance -66.7%position within the Activity structure
Fair Value context -9.3%CNY 37.92 ยท weakening
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
2026-10-0234.3942.81-13.9615757456Downward Expansion-7266
2026-09-2537.7443.08-9.2523768273Downward Expansion-5840
2026-09-1838.4843.27-10.3036445550Balance-4425
2026-09-1137.3443.30-12.4394180658Balance-1712
2026-09-0443.3443.340.15130477446Balance-89
2026-08-2841.5843.27-7.4522659979Rotation Down-1314
2026-08-2140.7643.51-10.7714169920Rotation Down-2030
2026-08-1440.1543.82-14.2714921780Rotation Down-2352
2026-08-0738.4944.10-18.259078450Rotation Down-2445
2026-07-3132.5844.39-27.6111852149Upward Expansion-3745
2026-07-2434.4644.84-25.177420186Upward Expansion-2332
2026-07-1737.6545.12-18.4713635817Upward Expansion1111
2026-07-1047.4445.33-7.0116155160Upward Expansion6052
2026-07-0350.8045.25-4.2611766164Upward Expansion6369
2026-06-2661.5145.0214.2815892777Upward Expansion8385
2026-06-1963.0144.2915.4195088618Upward Expansion8979
2026-06-1248.3443.62-4.9636306493Rotation Up6159
2026-06-0550.9943.51-2.3019414056Rotation Up3954
2026-05-2943.3743.41-18.5243474072Rotation Up1734
2026-05-2248.9443.54-8.6360262347Balance3438
2026-05-1546.9743.38-12.5156874121Balance2519
2026-05-0843.3843.45-19.3523340493Downward Expansion-2513
2026-05-0141.5543.71-20.6339873382Downward Expansion-3718
2026-04-2438.1243.98-26.5632209145Downward Expansion-6334
2026-04-1742.0644.45-18.9629405190Downward Expansion-5231
2026-04-1042.0544.72-15.8837391632Downward Expansion-5644
2026-04-0338.6045.27-17.5929669277Downward Expansion-6350
2026-03-2738.3645.74-20.8529923028Downward Expansion-6743
2026-03-2038.9946.12-20.5630860142Downward Expansion-6638
2026-03-1342.7846.38-15.9445018501Downward Expansion-5337
2026-03-0642.6046.52-16.0645501013Downward Expansion-5664
2026-02-2743.3846.55-16.7937882181Downward Expansion-5660
2026-02-1339.5546.56-22.5420177747Downward Expansion-6667
2026-02-0638.5446.63-23.9034263772Rotation Up-6749
2026-01-3041.2246.73-20.8457482805Rotation Up-3118
2026-01-2348.8046.66-8.2341219161Rotation Up3040
2026-01-1649.8246.32-5.5560159413Balance3734
2026-01-0948.7145.88-6.7755587134Balance2019
2026-01-0247.1645.47-5.8833111368Balance48
2025-12-2646.1445.15-8.4854696686Deceleration-98
2025-12-1942.8244.88-12.2920326562Deceleration-3022
2025-12-1243.8744.69-11.2130703808Rotation Down-1932
2025-12-0544.9944.58-8.4545723417Rotation Down-1939
2025-11-2843.9244.19-9.6026673622Rotation Down-1939
2025-11-2139.7143.81-15.4520377220Deceleration-3438
2025-11-1443.0043.55-13.4018061953Deceleration-314
2025-11-0744.8643.17-11.2125841222Deceleration413
2025-10-3147.9442.71-5.2529948312Deceleration2519
2025-10-2447.2242.39-6.2322514764Deceleration2820
2025-10-1744.3342.09-8.1733623450Deceleration2619
2025-10-1048.9941.93-4.2517988569Deceleration4128
2025-10-0351.1041.79-1.6818565993Upward Expansion5437
2025-09-2649.8841.49-1.6556748320Upward Expansion6049
2025-09-1952.1441.184.0573009664Upward Expansion6457
2025-09-1250.1041.011.3193629533Upward Expansion6667
2025-09-0558.5840.7321.72124636841Upward Expansion9294
2025-08-2952.8540.199.2892865770Upward Expansion8791
2025-08-2249.7039.717.0790355615Upward Expansion8386
2025-08-1546.6339.415.2063210904Upward Expansion7581
2025-08-0846.9539.1511.0282189798Rotation Up8078
2025-08-0143.7038.795.0547116656Rotation Up4463
2025-07-2543.5038.503.3244549248Rotation Up3758
2025-07-1841.7838.431.9750882930Rotation Up3048
2025-07-1141.5038.404.0153556412Balance2934
2025-07-0439.2538.410.6638965025Balance-36
2025-06-2738.4038.400.2430685832Balance-96
2025-06-2036.7238.40-0.1339252072Balance-2513
2025-06-1336.3038.48-1.9421025392Downward Expansion-2416
2025-06-0637.5138.661.1218531335Downward Expansion-2122
2025-05-3038.2438.905.1337800211Downward Expansion-2421
2025-05-2337.1039.011.5248215403Downward Expansion-3418
2025-05-1640.3939.3110.4497522656Downward Expansion-3023
2025-05-0933.5139.64-7.3327246903Downward Expansion-6267
2025-05-0232.4539.96-7.9810770409Downward Expansion-6474
2025-04-2531.9640.15-9.4233858909Downward Expansion-6975
2025-04-1831.3740.19-9.8626894577Downward Expansion-7474
2025-04-1131.0840.11-11.0751637499Balance-7656
2025-04-0438.3340.054.0217269235Balance-1414
2025-03-2838.4539.852.1921833179Upward Expansion179
2025-03-2139.4939.824.2263282179Upward Expansion2813
2025-03-1444.7139.5414.9151592266Upward Expansion6044
2025-03-0742.1739.029.8447126132Upward Expansion4940
2025-02-2840.6838.578.2185457739Upward Expansion5143
2025-02-2146.8138.1320.79109485016Deceleration7058
2025-02-1441.7637.4511.0652996210Deceleration4027
2025-02-0742.3936.8315.5038286947Deceleration4123
2025-01-3138.4336.269.947741210Deceleration138
2025-01-2440.6235.7715.2748615153Deceleration1714
2025-01-1739.0435.2512.8047849281Deceleration1313
2025-01-1036.0634.788.4935400288Deceleration79
2025-01-0335.0634.454.7039644713Deceleration117
2024-12-2741.3634.1014.8753450708Deceleration3821
2024-12-2040.9433.6614.2946129297Deceleration3418
2024-12-1341.7833.2116.3281471657Deceleration3620
2024-12-0639.0432.748.3237167332Deceleration3321
2024-11-2938.2632.358.1832988007Deceleration3824
2024-11-2239.1932.0512.8545684169Upward Expansion4229
2024-11-1541.7131.7616.7867742840Upward Expansion5743
2024-11-0844.6831.3120.6573107629Upward Expansion6365
2024-11-0141.5530.8020.19113101994Upward Expansion6576
2024-10-2546.0730.4732.19125228221Upward Expansion7182
2024-10-1850.4130.0450.10180354612Upward Expansion8785
2024-10-1142.9429.5233.50158148635Upward Expansion7967
2024-10-0438.2929.3315.2037390715Rotation Up7442
2024-09-2732.9829.3110.79108048747Rotation Up3120
2024-09-2029.0629.1315.9645137645Rotation Up2726
2024-09-1329.4129.0119.68111860914Rotation Up3146
2024-09-0632.1628.7529.83179996965Rotation Up2653
2024-08-3037.5528.3649.54230357720Rotation Up5062
2024-08-2330.9727.9427.81110670093Downward Expansion2932
2024-08-1629.2627.7919.61121102554Downward Expansion2023
2024-08-0928.7727.7618.1477697986Downward Expansion-1714
2024-08-0227.2727.7810.89121249608Downward Expansion-3822
2024-07-2626.5027.907.9687188710Downward Expansion-5739
2024-07-1923.1128.00-8.5333189925Downward Expansion-7160
2024-07-1225.2428.240.7533679790Downward Expansion-6155
2024-07-0523.7128.42-3.2022022611Downward Expansion-7167
2024-06-2825.2128.691.3934103959Downward Expansion-6465
2024-06-2124.8928.92-1.9633548875Downward Expansion-6763
2024-06-1426.1829.271.1124821276Downward Expansion-6057
2024-06-0724.5129.61-5.1343863447Balance-7155
2024-05-3128.1429.917.9145440969Balance-4231
2024-05-2427.5429.855.6656875593Balance-4530
2024-05-1727.5029.673.1235865280Balance-4526
2024-05-1027.4829.583.4446477261Balance-814
2024-05-0329.3029.4012.4729305862Balance2017
2024-04-2630.5329.1519.0459557498Upward Expansion2618
2024-04-1927.9828.8711.9969044665Upward Expansion2014
2024-04-1229.6228.7219.8648039983Upward Expansion4828
2024-04-0531.4928.4524.1843475846Upward Expansion5959
2024-03-2933.0828.0633.5178472417Upward Expansion6261
2024-03-2234.9427.6840.15129182441Upward Expansion6456
2024-03-1537.2127.2850.35200854874Deceleration7757
2024-03-0837.6526.8058.39158165509Deceleration6138
2024-03-0127.5526.3216.8887955774Rotation Down-2346
2024-02-2325.6626.1813.9796360321Rotation Down-2863
2024-02-0921.4626.13-1.4157861342Rotation Down-4272
2024-02-0220.4126.183.0231160593Deceleration-5067
2024-01-2625.0826.3216.9727075830Deceleration-821
2024-01-1926.4626.3523.5120587897Deceleration511
2024-01-1228.4226.3630.1622220529Deceleration3119
2024-01-0529.1326.3732.2825474364Deceleration3420
2023-12-2930.9226.2935.1735716456Deceleration3723
2023-12-2229.5326.1034.1821279834Deceleration4027
2023-12-1530.2825.8635.7024841587Upward Expansion4636
2023-12-0830.7325.5635.8529513459Upward Expansion6152
2023-12-0131.6925.2738.2137212591Upward Expansion6681
2023-11-2432.2225.0439.3564167792Upward Expansion6585
2023-11-1735.5024.9852.1690331702Upward Expansion8192
2023-11-1036.2324.6956.38156906585Rotation Up9090
2023-11-0333.5224.4047.61233230280Rotation Up4961
2023-10-2726.2824.1017.5450866110Balance1018
2023-10-2022.2324.081.5830715969Downward Expansion-3317
2023-10-1324.8724.087.7653859329Downward Expansion-1511
2023-09-2922.0524.02-4.9312963261Downward Expansion-3821
2023-09-2221.8724.05-6.6516737881Downward Expansion-5228
Price vs TrendBelow-19.7%
Trend directionFalling-4.5%
Price vs current Fair ValueBelow anchor-9.3%
Fair Value directionMoving away-48.1%
Relative Strength vs benchmarkLagging-14.0%
Relative strength directionWeakening-9.7%
Price momentumNegative-10.9%
Volume balanceDemand-led1.25ร—
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

-72 / ยฑ100

-64.6 points since 2026-09-04

Energy

66 /100

+57.5 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
Balance28
Rotation Up15
Upward Expansion14
Deceleration38
Rotation Down65
Downward Expansion87

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 14%Rotation Up 12%Upward Expansion 24%Deceleration 20%Rotation Down 6%Downward Expansion 24%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Downward Expansion2026-09-252026-10-02New-8.9%
Balance2026-09-042026-09-18New-11.2%
Rotation Down2026-08-072026-08-28New+8.0%
Upward Expansion2026-06-192026-07-31Developing-48.3%
Rotation Up2026-05-292026-06-12New+11.5%
Balance2026-05-152026-05-22New+4.2%
Downward Expansion2026-02-132026-05-08Developing+9.7%
Rotation Up2026-01-232026-02-06New-21.0%
Balance2026-01-022026-01-16New+5.6%
Deceleration2025-12-192025-12-26New+7.8%
Rotation Down2025-11-282025-12-12New-0.1%
Deceleration2025-10-102025-11-21Developing-18.9%
Upward Expansion2025-08-152025-10-03Developing+9.6%
Rotation Up2025-07-182025-08-08New+12.4%
Classic Stage Analysis comparison
Stage 1 ยท Basing44
Stage 2 ยท Advancing0
Stage 3 ยท Distribution32
Stage 4 ยท Declining100

Legacy result: Stage 4 ยท Stage 4B ยท 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
78/100
Current Relative Strength
-13.96
Relative Strength direction
Weakening
Price momentum
-10.9%
Excess performance vs benchmark
-7.4%
Industrials regime cohort
62th percentile447 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.45ร—

Latest completed volume relative to typical participation.

Up/down volume1.25ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+50.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity CNY 37.09falling
Slow Activity CNY 42.09falling
Trend Reference CNY 42.81-19.7% close margin
Current Fair Value CNY 37.92-9.3% close margin
Structural low CNY 32.43shock / 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 +13.9%
Annualized volatility +79.8%
From structural high -48.0%
From structural low +6.0%
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 movePositive periodsDirectional follow-through Median excess vs 399001.SZ Regime survived Read
Near term23+3.6%-14.3% to +45.7%+65.2%+34.8%+5.1%+69.6%Usable descriptive sample
Intermediate9+17.3%-15.7% to +76.3%+66.7%+33.3%+13.1%+22.2%Usable descriptive sample
Extended7+13.9%-17.2% to +63.0%+85.7%+14.3%+12.4%+0.0%Usable descriptive sample
Full cycle4+29.5%+1.7% to +73.6%+100.0%+0.0%+24.6%+25.0%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.

Evidence context