Weekly structural research ยท SHZ ยท Consumer Cyclical

300577 Stage Analysis

Anhui Korrun Co., Ltd.

Week ending 2 Oct 2026Close CNY 18.50Tenure NewBenchmark 399001.SZ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Up ยท Emerging rotation

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: compressed and stable.
Direction 25โˆ’100 bearish to +100 bullish
Energy 20/100directional strength
Maturity 10/100lifecycle context
Confidence 53/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Compressedstable separation
Price acceptance +66.7%position within the Activity structure
Fair Value context -4.7%CNY 19.42 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
2026-10-0218.5018.240.803972600Rotation Up2520
2026-09-2519.3418.301.559770878Rotation Up2737
2026-09-1819.7418.350.5613224085Rotation Up2542
2026-09-1119.3618.38-0.5923265740Rotation Up2128
2026-09-0419.6518.43-0.0119210303Balance2830
2026-08-2818.9118.49-7.113539100Balance111
2026-08-2117.3518.58-16.121669000Balance-1513
2026-08-1418.7018.74-11.934615341Balance-410
2026-08-0718.4118.82-13.635280600Downward Expansion-1520
2026-07-3118.1318.91-10.969791620Downward Expansion-2522
2026-07-2416.1819.01-22.1413422600Downward Expansion-4226
2026-07-1720.3619.19-2.3716927996Downward Expansion-1312
2026-07-1016.9019.25-26.502104174Downward Expansion-6356
2026-07-0316.6019.44-31.007082039Downward Expansion-6781
2026-06-2614.7919.67-39.891849400Downward Expansion-8192
2026-06-1915.2019.95-39.987745364Downward Expansion-8292
2026-06-1215.7320.29-34.312618000Downward Expansion-8087
2026-06-0516.3420.55-34.092065428Downward Expansion-7875
2026-05-2917.0320.77-33.1416329705Downward Expansion-7139
2026-05-2218.4420.99-28.3710078856Downward Expansion-4228
2026-05-1519.8821.10-23.3315700288Downward Expansion-2324
2026-05-0821.0521.22-19.5814571846Downward Expansion-1619
2026-05-0120.8821.28-18.3417105833Downward Expansion-3225
2026-04-2418.4221.36-27.635525440Downward Expansion-6465
2026-04-1718.5221.58-27.504734569Downward Expansion-6464
2026-04-1018.8621.74-23.694029045Downward Expansion-6678
2026-04-0317.7321.89-23.775954897Downward Expansion-7886
2026-03-2718.0422.02-25.358374069Downward Expansion-8184
2026-03-2018.4322.15-24.884937131Downward Expansion-8379
2026-03-1319.8122.25-22.215150360Downward Expansion-6967
2026-03-0620.1422.27-20.838312989Downward Expansion-6561
2026-02-2720.9722.26-19.984042200Downward Expansion-5451
2026-02-1320.5522.24-19.875481890Balance-6144
2026-02-0620.8322.22-18.2610732081Balance-3020
2026-01-3021.6522.18-17.4219877827Balance-2116
2026-01-2321.5622.12-19.8716528916Rotation Down-2421
2026-01-1622.0222.06-18.0020906726Rotation Down-1828
2026-01-0921.2922.00-20.5112664655Rotation Down-2247
2026-01-0221.0421.97-18.546057411Rotation Down-2746
2025-12-2620.9521.95-19.997710890Balance-3032
2025-12-1921.7621.90-14.517825751Balance213
2025-12-1222.0421.82-14.755565671Balance2014
2025-12-0522.6921.76-12.168507185Upward Expansion4728
2025-11-2823.5521.71-8.145678309Upward Expansion5235
2025-11-2123.1321.54-6.9912642127Upward Expansion5335
2025-11-1425.5121.42-2.7815939115Deceleration7447
2025-11-0723.5321.19-11.597762979Deceleration4425
2025-10-3122.9021.00-14.0211930086Deceleration3823
2025-10-2423.4220.95-11.707804046Deceleration4628
2025-10-1721.9620.91-13.6811036475Upward Expansion4329
2025-10-1023.2720.90-13.455579708Upward Expansion6048
2025-10-0323.0820.87-15.612739822Upward Expansion6368
2025-09-2623.0920.81-13.9913173394Upward Expansion6576
2025-09-1925.0420.78-6.1524500614Upward Expansion8787
2025-09-1223.3320.69-11.9514217094Rotation Up7577
2025-09-0523.2820.68-10.3617872873Rotation Up5166
2025-08-2921.8920.69-16.8119183840Rotation Up3651
2025-08-2221.9320.77-13.4413881241Balance2940
2025-08-1521.3720.86-12.0318874890Balance210
2025-08-0820.4620.97-12.1510605370Balance-169
2025-08-0119.8721.00-13.7510325390Downward Expansion-3618
2025-07-2520.1921.10-13.9013482036Downward Expansion-3519
2025-07-1820.0621.21-12.6616924606Downward Expansion-4624
2025-07-1119.6421.36-12.928858946Downward Expansion-4925
2025-07-0419.6521.57-11.6816523333Downward Expansion-3818
2025-06-2720.0121.72-9.2011495181Downward Expansion-3415
2025-06-2020.1121.87-5.6414512213Downward Expansion-3417
2025-06-1320.4721.87-5.2910593619Downward Expansion-3721
2025-06-0620.5121.88-5.849536500Downward Expansion-4023
2025-05-3019.3221.95-10.199480536Downward Expansion-4525
2025-05-2319.2221.99-11.7313067803Downward Expansion-4929
2025-05-1620.2522.15-7.7032481177Downward Expansion-4529
2025-05-0921.2122.21-2.9931672092Downward Expansion-5944
2025-05-0218.6722.25-12.7311931568Downward Expansion-6876
2025-04-2519.3222.42-9.9924916402Downward Expansion-6473
2025-04-1818.8022.47-11.2742705839Downward Expansion-7172
2025-04-1117.6222.49-17.4227613230Downward Expansion-8369
2025-04-0421.4522.55-4.6325025996Deceleration-3028
2025-03-2822.2822.47-3.0213059601Deceleration-1630
2025-03-2121.5222.35-6.8016056998Deceleration-2237
2025-03-1422.4222.21-4.9115113761Deceleration-1322
2025-03-0721.4422.04-7.3414407300Deceleration-013
2025-02-2822.1021.89-1.7713078361Deceleration911
2025-02-2122.3621.73-3.3412484733Deceleration2711
2025-02-1423.0821.562.6315409696Deceleration4423
2025-02-0723.3521.406.439290303Deceleration4728
2025-01-3124.5421.3017.462682441Deceleration5127
2025-01-2424.6621.1217.4920236413Deceleration4119
2025-01-1724.4020.9618.7121163451Deceleration3918
2025-01-1021.5620.849.6915374500Upward Expansion3116
2025-01-0322.6720.8014.9119657980Upward Expansion5132
2024-12-2723.6820.7412.3126397521Upward Expansion5347
2024-12-2024.4820.6517.0542667145Upward Expansion5553
2024-12-1326.0420.5324.6531590205Upward Expansion7054
2024-12-0623.9420.3714.8628619297Upward Expansion5933
2024-11-2924.5020.2820.3929516036Upward Expansion5730
2024-11-2220.1020.131.206860900Upward Expansion3119
2024-11-1520.8620.092.4411021954Upward Expansion4428
2024-11-0822.5520.047.1815496313Upward Expansion6241
2024-11-0120.6719.865.4116001416Upward Expansion6044
2024-10-2523.8519.7520.2711905989Upward Expansion7880
2024-10-1822.2219.5415.6810253210Upward Expansion6673
2024-10-1122.2319.2320.0516493562Upward Expansion6972
2024-10-0423.7918.9123.615289762Upward Expansion7874
2024-09-2720.8118.5120.569250547Deceleration5740
2024-09-2019.5418.2234.283993596Deceleration3329
2024-09-1319.2517.9835.115643104Deceleration2620
2024-09-0619.2117.7133.697175531Deceleration2514
2024-08-3018.7317.4228.3112787901Deceleration014
2024-08-2317.1417.2220.952929931Deceleration-2548
2024-08-1617.4217.1021.454138687Deceleration-539
2024-08-0917.0616.9919.224202815Deceleration-1029
2024-08-0217.1516.8918.446168060Deceleration-721
2024-07-2617.4216.7820.415191223Deceleration114
2024-07-1918.2716.6822.806762630Deceleration3020
2024-07-1220.1216.5436.939406620Deceleration3926
2024-07-0519.2216.3434.567458748Deceleration4331
2024-06-2820.0516.1939.425478296Upward Expansion4840
2024-06-2120.6916.0242.084082901Upward Expansion6048
2024-06-1420.4415.8239.053277217Upward Expansion6253
2024-06-0720.7415.6342.499329542Upward Expansion6559
2024-05-3121.0215.4344.238892045Upward Expansion6972
2024-05-2420.8315.2543.596187917Upward Expansion6979
2024-05-1721.1615.0543.0114099900Upward Expansion7686
2024-05-1021.4614.8346.2114015844Upward Expansion8592
2024-05-0319.7614.6438.126355634Upward Expansion7888
2024-04-2619.0614.5036.238517822Rotation Up7688
2024-04-1919.4014.3942.8524613424Rotation Up5879
2024-04-1217.0114.2627.4511361434Rotation Up3665
2024-04-0517.5014.2227.8214034264Rotation Up4648
2024-03-2917.3714.1129.8532912171Rotation Up3030
2024-03-2212.8714.01-4.705524932Downward Expansion-3924
2024-03-1512.8114.07-5.517878056Downward Expansion-4431
2024-03-0811.8714.16-10.136418103Downward Expansion-6050
2024-03-0112.0614.30-9.5110591828Downward Expansion-6470
2024-02-2312.4114.43-3.2414972109Downward Expansion-6781
2024-02-0910.9014.54-12.5817940611Downward Expansion-8693
2024-02-0210.5714.70-7.2515151275Downward Expansion-9693
2024-01-2612.8414.873.6412177812Downward Expansion-8070
2024-01-1913.5114.929.0410928840Downward Expansion-7053
2024-01-1214.0114.9610.717058080Downward Expansion-6046
2024-01-0514.0114.989.525605756Downward Expansion-6253
2023-12-2914.0615.015.415902931Downward Expansion-6358
2023-12-2214.2115.0410.186754688Downward Expansion-6055
2023-12-1514.1515.088.046105028Downward Expansion-6455
2023-12-0814.2515.127.036396061Balance-6345
2023-12-0114.7215.158.917965179Balance-4932
2023-11-2414.7715.198.125665634Balance-4935
2023-11-1714.9315.208.019486341Balance-4629
2023-11-1014.7015.196.6410706427Balance-5136
2023-11-0314.7615.188.7116713099Balance-1315
2023-10-2715.3915.1714.658654925Balance16
2023-10-2014.8415.1413.357101555Balance-108
2023-10-1314.6815.127.127121609Balance1812
2023-09-2915.6515.1214.063285561Balance5144
2023-09-2215.6215.1113.616226401Balance5033
Price vs TrendAbove+1.4%
Trend directionFalling-4.0%
Price vs current Fair ValueBelow anchor-4.7%
Fair Value directionClosing upward+8.6%
Relative Strength vs benchmarkLeading+0.8%
Relative strength directionImproving+31.8%
Price momentumPositive+4.4%
Volume balanceDemand-led1.43ร—
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

25 / ยฑ100

-3.0 points since 2026-09-04

Energy

20 /100

-10.1 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
Balance42
Rotation Up47
Upward Expansion48
Deceleration37
Rotation Down25
Downward Expansion9

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 15%Rotation Up 8%Upward Expansion 21%Deceleration 19%Rotation Down 3%Downward Expansion 35%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Up2026-09-112026-10-02New-4.5%
Balance2026-08-142026-09-04New+5.1%
Downward Expansion2026-02-272026-08-07Established-12.2%
Balance2026-01-302026-02-13New-5.1%
Rotation Down2026-01-022026-01-23New+2.4%
Balance2025-12-122025-12-26New-5.0%
Upward Expansion2025-11-212025-12-05New-1.9%
Deceleration2025-10-242025-11-14New+8.9%
Upward Expansion2025-09-192025-10-17Developing-12.3%
Rotation Up2025-08-292025-09-12New+6.6%
Balance2025-08-082025-08-22New+7.2%
Downward Expansion2025-04-112025-08-01Established+12.8%
Deceleration2025-01-172025-04-04Developing-12.1%
Upward Expansion2024-10-042025-01-10Established-9.4%
Classic Stage Analysis comparison
Stage 1 ยท Basing67
Stage 2 ยท Advancing42
Stage 3 ยท Distribution30
Stage 4 ยท Declining58

Legacy result: Stage 1 ยท Stage 1B ยท Basing. 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
61/100
Current Relative Strength
0.80
Relative Strength direction
Improving
Price momentum
+4.4%
Excess performance vs benchmark
+7.9%
Consumer Cyclical regime cohort
15th percentile47 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.46ร—

Latest completed volume relative to typical participation.

Up/down volume1.43ร—

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

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 19.16rising
Slow Activity CNY 18.24rising
Trend Reference CNY 18.24+1.4% close margin
Current Fair Value CNY 19.42-4.7% close margin
Structural low CNY 14.79shock / 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 +9.9%
Annualized volatility +58.7%
From structural high -29.2%
From structural low +25.1%
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 term7+5.5%-7.5% to +9.7%+85.7%+85.7%+3.8%+42.9%Usable descriptive sample
Intermediate4+7.4%-3.2% to +15.4%+75.0%+75.0%+2.7%+0.0%Too little matched history
Extended4-2.2%-32.1% to +19.8%+50.0%+50.0%-2.7%+0.0%Too little matched history
Full cycle4-6.0%-27.8% to +28.2%+25.0%+25.0%+2.8%+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.

Evidence context