Weekly structural research · SHH · Basic Materials

603188 Stage Analysis

Jiangsu Yabang Dyestuff Co., Ltd.

Week ending 2 Oct 2026Close CNY 5.40Tenure DevelopingBenchmark 000001.SS

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Rotation Up · Value reclamation

The Activity Line structure is rotating upward.

Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair.

The Trend gate is mixed within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: moderate and contracting.

Direction 41−100 bearish to +100 bullish

Energy 29/100directional strength

Maturity 39/100lifecycle context

Confidence 73/100evidence agreement

Trend gate Mixedstructural direction

Activity structure Moderatecontracting separation

Price acceptance +50.0%position within the Activity structure

Fair Value context +38.2%CNY 3.91 · 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
2026-10-02	5.40	4.60	19.29	66426702	Rotation Up	41	29
2026-09-25	4.50	4.61	-1.22	39093199	Rotation Up	-5	11
2026-09-18	4.47	4.65	-2.32	77120000	Rotation Up	20	29
2026-09-11	4.58	4.69	0.78	65522528	Rotation Up	24	38
2026-09-04	4.88	4.72	6.38	142254100	Rotation Up	32	44
2026-08-28	5.07	4.73	10.16	23444000	Downward Expansion	14	34
2026-08-21	4.58	4.72	0.90	13671300	Downward Expansion	-21	26
2026-08-14	4.59	4.72	0.51	37576008	Downward Expansion	-36	30
2026-08-07	4.04	4.72	-11.94	8128000	Downward Expansion	-64	61
2026-07-31	3.91	4.74	-12.69	9957488	Downward Expansion	-67	83
2026-07-24	3.64	4.77	-18.63	8757328	Downward Expansion	-82	89
2026-07-17	3.84	4.80	-13.39	12237700	Downward Expansion	-77	88
2026-07-10	3.89	4.82	-17.64	12430400	Downward Expansion	-79	89
2026-07-03	4.11	4.86	-14.32	14634800	Downward Expansion	-70	83
2026-06-26	4.03	4.89	-15.92	13909000	Downward Expansion	-79	85
2026-06-19	4.15	4.91	-14.96	46738200	Downward Expansion	-77	80
2026-06-12	4.31	4.95	-10.71	10106500	Balance	-71	70
2026-06-05	4.44	4.98	-8.17	10685200	Balance	-29	44
2026-05-29	4.52	4.98	-7.59	56147500	Balance	-24	21
2026-05-22	4.96	4.97	0.14	71301345	Deceleration	26	17
2026-05-15	5.15	4.94	3.37	92394400	Deceleration	33	20
2026-05-08	5.22	4.90	3.71	58694704	Deceleration	34	17
2026-05-01	5.32	4.87	7.52	82904200	Deceleration	35	15
2026-04-24	4.93	4.82	0.57	54141500	Deceleration	7	12
2026-04-17	4.81	4.79	-1.30	67913500	Deceleration	4	15
2026-04-10	5.05	4.78	5.33	96992000	Deceleration	17	22
2026-04-03	4.66	4.75	-0.13	60932100	Deceleration	8	20
2026-03-27	4.86	4.73	3.51	84130500	Upward Expansion	26	19
2026-03-20	4.83	4.72	2.03	70660346	Upward Expansion	38	31
2026-03-13	5.36	4.71	9.68	80227600	Upward Expansion	63	72
2026-03-06	5.51	4.68	12.43	133326100	Upward Expansion	66	80
2026-02-27	5.84	4.64	18.51	138156300	Upward Expansion	83	89
2026-02-13	5.71	4.60	18.80	280708450	Upward Expansion	83	83
2026-02-06	5.34	4.55	12.10	157278312	Upward Expansion	72	68
2026-01-30	5.27	4.52	9.57	200237197	Deceleration	67	41
2026-01-23	4.88	4.48	1.32	86431199	Deceleration	52	21
2026-01-16	4.58	4.46	-4.03	93666700	Deceleration	27	16
2026-01-09	4.57	4.43	-4.64	64294307	Deceleration	28	17
2026-01-02	4.59	4.42	-0.64	28114790	Deceleration	31	20
2025-12-26	4.60	4.40	-0.06	45204200	Deceleration	34	19
2025-12-19	4.67	4.38	3.50	54908800	Deceleration	40	24
2025-12-12	4.59	4.36	1.78	67066445	Upward Expansion	53	33
2025-12-05	4.84	4.35	6.80	72390500	Upward Expansion	62	64
2025-11-28	5.00	4.32	10.67	86605300	Upward Expansion	67	77
2025-11-21	4.71	4.29	5.82	166186400	Upward Expansion	61	74
2025-11-14	5.40	4.26	16.67	345837020	Upward Expansion	86	84
2025-11-07	5.08	4.22	9.90	426279561	Deceleration	79	62
2025-10-31	4.40	4.18	-3.69	61132346	Deceleration	40	20
2025-10-24	4.30	4.18	-5.93	67097973	Deceleration	7	7
2025-10-17	4.08	4.15	-8.43	77240181	Deceleration	-16	24
2025-10-10	4.08	4.13	-9.69	20407600	Deceleration	-19	27
2025-10-03	4.11	4.12	-8.81	16175920	Deceleration	-15	21
2025-09-26	4.07	4.10	-8.31	45708857	Deceleration	0	17
2025-09-19	4.05	4.09	-8.46	53219082	Deceleration	8	17
2025-09-12	4.23	4.07	-5.56	45055030	Deceleration	30	18
2025-09-05	4.18	4.05	-5.09	61676317	Upward Expansion	35	19
2025-08-29	4.24	4.04	-4.49	70355200	Upward Expansion	55	35
2025-08-22	4.48	4.01	2.16	63120250	Upward Expansion	62	47
2025-08-15	4.44	3.99	5.39	68450863	Upward Expansion	61	60
2025-08-08	4.54	3.96	10.22	49240155	Upward Expansion	72	72
2025-08-01	4.41	3.93	9.99	56524100	Upward Expansion	66	68
2025-07-25	4.47	3.89	11.12	85795900	Upward Expansion	71	70
2025-07-18	4.30	3.86	9.37	56506743	Upward Expansion	62	59
2025-07-11	4.33	3.85	11.71	67032243	Balance	63	41
2025-07-04	4.17	3.85	9.43	50342722	Balance	51	25
2025-06-27	4.15	3.86	11.30	56987900	Balance	50	24
2025-06-20	3.88	3.86	6.90	56783110	Balance	36	18
2025-06-13	4.16	3.86	14.82	74761700	Balance	54	29
2025-06-06	4.18	3.85	16.01	51170900	Balance	56	32
2025-05-30	4.00	3.85	13.22	61625817	Balance	49	28
2025-05-23	4.08	3.85	16.18	105685562	Balance	25	20
2025-05-16	4.14	3.85	17.98	79146710	Balance	30	23
2025-05-09	4.06	3.82	17.22	76536500	Balance	28	31
2025-05-02	3.94	3.80	16.55	40370600	Balance	14	31
2025-04-25	3.96	3.78	17.18	126959051	Balance	15	33
2025-04-18	4.20	3.75	25.63	246587162	Balance	35	39
2025-04-11	3.83	3.71	17.14	162738187	Balance	14	17
2025-04-04	4.19	3.67	24.74	165919911	Balance	51	25
2025-03-28	3.53	3.61	5.19	168146824	Balance	-24	18
2025-03-21	3.59	3.57	6.81	43164600	Deceleration	-1	5
2025-03-14	3.63	3.53	6.54	35832900	Deceleration	11	8
2025-03-07	3.55	3.49	5.94	40278687	Deceleration	5	5
2025-02-28	3.65	3.46	11.04	52756890	Deceleration	22	12
2025-02-21	3.62	3.42	8.67	45830191	Deceleration	21	11
2025-02-14	3.69	3.39	12.19	57861843	Deceleration	23	12
2025-02-07	3.70	3.34	14.79	39189919	Deceleration	12	9
2025-01-31	3.57	3.31	12.77	10748439	Deceleration	10	12
2025-01-24	3.66	3.26	15.27	99846651	Deceleration	11	17
2025-01-17	3.55	3.22	11.77	212245518	Deceleration	13	18
2025-01-10	3.67	3.17	17.50	51049190	Deceleration	28	22
2025-01-03	3.26	3.13	2.47	41467759	Upward Expansion	25	16
2024-12-27	3.69	3.10	8.69	58326500	Upward Expansion	45	33
2024-12-20	3.98	3.07	17.66	65246560	Upward Expansion	58	45
2024-12-13	4.31	3.02	26.20	80121115	Upward Expansion	66	51
2024-12-06	4.34	2.98	26.63	76775593	Upward Expansion	70	51
2024-11-29	4.06	2.93	21.15	58132394	Upward Expansion	64	50
2024-11-22	3.89	2.89	17.94	89570824	Upward Expansion	61	53
2024-11-15	3.88	2.86	15.10	84254666	Upward Expansion	65	63
2024-11-08	4.20	2.80	19.85	135935382	Upward Expansion	77	78
2024-11-01	3.96	2.76	19.04	252210698	Upward Expansion	75	82
2024-10-25	4.16	2.73	23.84	174186789	Upward Expansion	90	91
2024-10-18	3.28	2.69	-1.15	167252572	Upward Expansion	66	80
2024-10-11	3.61	2.67	9.91	185088337	Rotation Up	85	86
2024-10-04	3.32	2.65	-2.72	47003501	Rotation Up	55	69
2024-09-27	3.06	2.62	-3.52	124620003	Balance	36	47
2024-09-20	2.77	2.61	-1.89	95286102	Balance	2	9
2024-09-13	2.67	2.61	-4.66	130785252	Balance	-9	7
2024-09-06	2.39	2.59	-16.89	24781502	Downward Expansion	-50	29
2024-08-30	2.46	2.61	-17.26	28801202	Downward Expansion	-43	22
2024-08-23	2.36	2.64	-21.44	23962800	Downward Expansion	-43	20
2024-08-16	2.48	2.69	-18.64	37024400	Downward Expansion	-31	16
2024-08-09	2.56	2.74	-15.92	74260700	Downward Expansion	-33	17
2024-08-02	2.56	2.79	-17.52	97120800	Downward Expansion	-36	19
2024-07-26	2.53	2.85	-18.43	59500700	Downward Expansion	-42	25
2024-07-19	2.37	2.90	-26.22	93640462	Downward Expansion	-57	36
2024-07-12	2.62	2.95	-18.59	48610000	Downward Expansion	-57	39
2024-07-05	2.23	2.99	-30.46	19772600	Downward Expansion	-66	64
2024-06-28	2.26	3.04	-30.30	30034100	Downward Expansion	-66	63
2024-06-21	2.31	3.10	-29.85	26042000	Downward Expansion	-65	63
2024-06-14	2.39	3.16	-28.68	26007400	Downward Expansion	-63	58
2024-06-07	2.36	3.22	-30.44	51353284	Downward Expansion	-65	47
2024-05-31	2.62	3.27	-24.16	34030701	Downward Expansion	-54	29
2024-05-24	2.69	3.31	-22.53	56981934	Downward Expansion	-41	20
2024-05-17	2.94	3.34	-17.42	77651380	Downward Expansion	-33	16
2024-05-10	2.94	3.37	-17.67	218491324	Downward Expansion	-47	29
2024-05-03	2.87	3.40	-18.56	77969000	Downward Expansion	-49	32
2024-04-26	2.85	3.43	-18.88	69390850	Downward Expansion	-49	30
2024-04-19	2.25	3.46	-35.66	54769203	Downward Expansion	-70	40
2024-04-12	2.85	3.51	-17.81	118300486	Downward Expansion	-37	23
2024-04-05	3.25	3.54	-8.15	77475048	Downward Expansion	-39	26
2024-03-29	2.81	3.55	-20.04	35505085	Downward Expansion	-46	40
2024-03-22	2.86	3.59	-19.15	35623876	Downward Expansion	-58	47
2024-03-15	2.79	3.61	-21.67	38461500	Downward Expansion	-62	55
2024-03-08	2.62	3.64	-26.55	37098500	Downward Expansion	-66	81
2024-03-01	2.69	3.68	-24.54	69779285	Downward Expansion	-67	85
2024-02-23	2.74	3.71	-22.99	74147170	Downward Expansion	-68	86
2024-02-09	2.11	3.74	-38.13	75171133	Rotation Down	-93	94
2024-02-02	2.80	3.78	-14.47	55610726	Rotation Down	-58	62
2024-01-26	3.55	3.81	1.51	63167270	Balance	-7	14
2024-01-19	3.71	3.80	9.12	53844601	Upward Expansion	21	17
2024-01-12	4.05	3.79	17.30	54782401	Upward Expansion	55	48
2024-01-05	4.14	3.78	18.37	97963794	Upward Expansion	60	42
2023-12-29	4.23	3.76	19.44	191231221	Deceleration	70	39
2023-12-22	4.05	3.74	17.09	87988754	Deceleration	51	25
2023-12-15	3.87	3.73	11.06	37004607	Upward Expansion	39	23
2023-12-08	3.77	3.72	7.24	36328033	Upward Expansion	51	38
2023-12-01	3.96	3.72	10.28	33671720	Upward Expansion	64	74
2023-11-24	4.04	3.71	12.08	25960104	Upward Expansion	69	79
2023-11-17	4.04	3.69	11.65	33572321	Upward Expansion	71	76
2023-11-10	4.01	3.68	11.44	38602200	Upward Expansion	73	64
2023-11-03	3.95	3.67	10.23	42953400	Deceleration	67	35
2023-10-27	3.86	3.66	8.26	40013855	Deceleration	50	23
2023-10-20	3.65	3.67	3.61	20184037	Rotation Up	31	16
2023-10-13	3.66	3.67	0.36	26307300	Rotation Up	51	32
2023-09-29	3.83	3.68	4.06	30505200	Rotation Up	37	53
2023-09-22	3.82	3.68	2.92	26430000	Rotation Up	38	51

Price vs TrendAbove+17.3%

Trend directionFalling-3.4%

Price vs current Fair ValuePremium+38.2%

Fair Value directionClosing upward+31.3%

Relative Strength vs benchmarkLeading+19.3%

Relative strength directionImproving+33.6%

Price momentumPositive+15.9%

Volume balanceSupply-led0.56×

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

41 / ±100

+9.1 points since 2026-09-04

Energy

29 /100

-14.7 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.

603188 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance32

Rotation Up54

Upward Expansion41

Deceleration43

Rotation Down20

Downward Expansion16

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 · 156 classified observations out of 156 shown.

Balance 15%Rotation Up 7%Upward Expansion 26%Deceleration 25%Rotation Down 1%Downward Expansion 26%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Rotation Up	2026-09-04	2026-10-02	Developing	+10.7%
Downward Expansion	2026-06-19	2026-08-28	Developing	+22.2%
Balance	2026-05-29	2026-06-12	New	-4.6%
Deceleration	2026-04-03	2026-05-22	Developing	+6.4%
Upward Expansion	2026-02-06	2026-03-27	Developing	-9.0%
Deceleration	2025-12-19	2026-01-30	Developing	+12.8%
Upward Expansion	2025-11-14	2025-12-12	Developing	-15.0%
Deceleration	2025-09-12	2025-11-07	Developing	+20.1%
Upward Expansion	2025-07-18	2025-09-05	Developing	-2.8%
Balance	2025-03-28	2025-07-11	Established	+22.7%
Deceleration	2025-01-10	2025-03-21	Developing	-2.2%
Upward Expansion	2024-10-18	2025-01-03	Developing	-0.6%
Rotation Up	2024-10-04	2024-10-11	New	+8.7%
Balance	2024-09-13	2024-09-27	New	+14.6%

Classic Stage Analysis comparison

Stage 1 · Basing35

Stage 2 · Advancing44

Stage 3 · Distribution46

Stage 4 · Declining28

Legacy result: Stage 3 · Stage 3B · Distribution. 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: 74/100
Current Relative Strength: 19.29
Relative Strength direction: Improving
Price momentum: +15.9%
Excess performance vs benchmark: +16.9%
Basic Materials regime cohort: 45th percentile29 in cohort

Test 603188 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.79×

Latest completed volume relative to typical participation.

Up/down volume0.56×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 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.

Explore 603188 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 4.83rising

Slow Activity CNY 4.51rising

Trend Reference CNY 4.60+17.3% close margin

Current Fair Value CNY 3.91+38.2% close margin

Structural low CNY 3.63shock / repair context

What changes the read?

Full positive ordering with expanding width confirms Upward Expansion. Loss of the fast/slow repair and renewed downside acceptance cancels it.

Range context +8.4%

Annualized volatility +46.3%

From structural high -14.0%

From structural low +48.8%

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 000001.SS	Regime survived	Read
Near term	5	+9.6%-10.7% to +19.3%	+60.0%	+60.0%	+11.2%	+40.0%	Usable descriptive sample
Intermediate	3	+0.0%-1.8% to +1.6%	+33.3%	+33.3%	+1.9%	+0.0%	Too little matched history
Extended	3	-11.1%-24.9% to +26.2%	+33.3%	+33.3%	-2.2%	+0.0%	Too little matched history
Full cycle	3	-27.3%-31.5% to +23.8%	+33.3%	+33.3%	-15.1%	+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.

603188 Stage Analysis

What the Activity Line geometry says now

The Activity Line structure is rotating 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 Activity Line structure is rotating 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