Weekly structural research · SHZ · Communication Services

300467 Stage Analysis

Sichuan Xunyou Network Technology Co., Ltd.

Week ending 2 Oct 2026Close CNY 32.29Tenure DevelopingBenchmark 399001.SZ

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Balance · Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

The Trend gate is mixed within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: compressed and expanding.

Direction -24−100 bearish to +100 bullish

Energy 27/100directional strength

Maturity 17/100lifecycle context

Confidence 45/100evidence agreement

Trend gate Mixedstructural direction

Activity structure Compressedexpanding separation

Price acceptance -33.3%position within the Activity structure

Fair Value context +49.1%CNY 21.66 · 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	32.29	33.46	12.74	5918555	Balance	-24	27
2026-09-25	32.68	33.43	10.86	9966463	Balance	-21	16
2026-09-18	33.20	33.45	10.35	11224403	Balance	4	5
2026-09-11	32.06	33.46	8.49	14900500	Balance	15	8
2026-09-04	35.06	33.53	18.82	20210041	Balance	38	27
2026-08-28	34.84	33.44	15.18	5022234	Balance	35	26
2026-08-21	32.79	33.37	7.81	2802513	Balance	18	13
2026-08-14	38.32	33.48	24.11	9483439	Rotation Down	52	23
2026-08-07	34.04	33.28	11.19	2365400	Rotation Down	-15	32
2026-07-31	31.05	33.11	7.10	3674800	Deceleration	-23	37
2026-07-24	31.92	32.97	8.74	5725200	Deceleration	-14	17
2026-07-17	30.79	32.84	5.78	6216000	Deceleration	-1	6
2026-07-10	34.70	32.73	8.90	4597200	Deceleration	33	18
2026-07-03	33.92	32.52	3.02	4486800	Deceleration	33	16
2026-06-26	36.16	32.25	8.88	7431461	Deceleration	36	21
2026-06-19	35.75	31.84	6.43	24411372	Deceleration	32	24
2026-06-12	32.80	31.47	4.91	4407500	Deceleration	32	20
2026-06-05	33.45	31.19	4.72	4409400	Upward Expansion	55	36
2026-05-29	34.06	30.93	4.98	32680400	Upward Expansion	63	69
2026-05-22	38.14	30.60	17.65	32333500	Upward Expansion	67	82
2026-05-15	39.19	30.09	21.64	39071043	Upward Expansion	74	85
2026-05-08	41.98	29.63	31.18	31302024	Upward Expansion	89	86
2026-05-01	37.29	29.13	21.05	63695256	Deceleration	67	51
2026-04-24	31.36	28.78	3.69	18906217	Deceleration	30	15
2026-04-17	32.05	28.63	6.70	23720816	Deceleration	21	16
2026-04-10	29.54	28.34	2.75	13575970	Deceleration	3	20
2026-04-03	27.21	28.12	1.58	10480293	Deceleration	-8	24
2026-03-27	28.67	27.98	4.07	16583900	Deceleration	14	20
2026-03-20	28.82	27.83	3.99	16675491	Deceleration	25	21
2026-03-13	29.67	27.63	3.98	19963601	Upward Expansion	40	26
2026-03-06	31.49	27.40	11.51	23299059	Upward Expansion	48	38
2026-02-27	33.10	27.15	15.11	19436200	Upward Expansion	61	49
2026-02-13	33.62	26.82	20.77	27715600	Upward Expansion	64	55
2026-02-06	34.07	26.40	24.71	32539800	Upward Expansion	71	77
2026-01-30	32.49	25.96	17.19	28056342	Upward Expansion	65	80
2026-01-23	32.80	25.56	17.21	35701101	Upward Expansion	68	82
2026-01-16	36.04	25.10	31.10	68600857	Upward Expansion	92	89
2026-01-09	32.36	24.50	20.24	80090425	Upward Expansion	86	77
2026-01-02	28.70	24.07	12.22	18043059	Upward Expansion	71	68
2025-12-26	27.05	23.80	5.82	29534394	Upward Expansion	61	69
2025-12-19	27.94	23.58	13.64	24645100	Upward Expansion	67	71
2025-12-12	27.53	23.30	11.46	30522636	Upward Expansion	62	56
2025-12-05	28.41	23.07	16.30	47373649	Deceleration	72	46
2025-11-28	25.65	22.73	6.83	46688354	Deceleration	52	25
2025-11-21	24.04	22.47	3.97	22584840	Deceleration	33	19
2025-11-14	24.69	22.23	1.58	18358600	Deceleration	35	19
2025-11-07	24.33	21.98	-1.04	29948053	Deceleration	34	19
2025-10-31	25.65	21.73	4.82	29588617	Deceleration	45	22
2025-10-24	24.18	21.53	-0.07	16655308	Upward Expansion	41	25
2025-10-17	22.83	21.37	-0.90	27108659	Upward Expansion	56	38
2025-10-10	25.20	21.29	4.14	19922200	Upward Expansion	62	66
2025-10-03	27.06	21.20	10.90	20609334	Upward Expansion	71	74
2025-09-26	27.00	20.94	13.90	65820700	Upward Expansion	74	59
2025-09-19	26.62	20.67	14.16	90877558	Upward Expansion	74	47
2025-09-12	23.48	20.44	2.42	38130515	Upward Expansion	57	39
2025-09-05	23.02	20.33	3.41	48740588	Upward Expansion	56	39
2025-08-29	22.92	20.19	2.45	54273405	Upward Expansion	59	44
2025-08-22	24.16	19.96	13.00	74375804	Upward Expansion	71	64
2025-08-15	22.84	19.70	12.28	43555653	Upward Expansion	64	71
2025-08-08	22.82	19.46	17.78	55176378	Upward Expansion	65	72
2025-08-01	23.77	19.19	24.98	91248676	Upward Expansion	77	76
2025-07-25	23.30	18.90	21.37	68985110	Upward Expansion	78	73
2025-07-18	21.02	18.68	12.79	43120200	Upward Expansion	60	50
2025-07-11	20.78	18.58	14.40	50734746	Upward Expansion	58	28
2025-07-04	20.55	18.54	15.77	106174653	Upward Expansion	44	18
2025-06-27	18.96	18.47	8.72	39848438	Upward Expansion	32	13
2025-06-20	18.24	18.44	8.85	31557703	Upward Expansion	39	23
2025-06-13	19.45	18.41	15.15	42648528	Upward Expansion	53	50
2025-06-06	20.41	18.34	20.65	31934563	Upward Expansion	57	50
2025-05-30	20.52	18.23	23.81	42699774	Balance	47	39
2025-05-23	19.72	18.07	18.55	52574956	Balance	38	23
2025-05-16	20.59	17.96	23.75	60235971	Balance	42	17
2025-05-09	18.02	17.83	9.51	27720166	Balance	-11	15
2025-05-02	17.94	17.72	11.92	17971836	Balance	-12	20
2025-04-25	16.89	17.65	5.63	25803548	Balance	-8	17
2025-04-18	17.24	17.56	9.58	37462300	Balance	15	16
2025-04-11	16.68	17.40	5.83	48057609	Upward Expansion	20	12
2025-04-04	19.74	17.24	19.12	30259001	Upward Expansion	54	38
2025-03-28	19.44	17.00	15.37	53428924	Upward Expansion	57	42
2025-03-21	20.39	16.78	20.66	91031912	Upward Expansion	59	46
2025-03-14	22.41	16.52	29.67	86277933	Upward Expansion	81	70
2025-03-07	19.43	16.21	14.63	53781777	Upward Expansion	60	66
2025-02-28	18.75	15.98	13.53	87514058	Upward Expansion	58	66
2025-02-21	19.73	15.80	15.77	88228316	Upward Expansion	67	69
2025-02-14	20.10	15.57	21.05	132690777	Deceleration	71	58
2025-02-07	18.85	15.33	16.33	54673844	Deceleration	50	26
2025-01-31	16.03	15.14	3.39	4740204	Deceleration	9	15
2025-01-24	16.41	15.04	4.17	25886610	Deceleration	7	19
2025-01-17	15.64	14.95	0.42	20835500	Deceleration	18	25
2025-01-10	14.72	14.88	-2.25	21821404	Deceleration	12	19
2025-01-03	14.95	14.86	-2.11	25461331	Upward Expansion	28	18
2024-12-27	16.74	14.81	1.37	40730925	Upward Expansion	57	39
2024-12-20	18.12	14.75	9.58	55407976	Upward Expansion	62	48
2024-12-13	19.50	14.64	16.84	85497277	Upward Expansion	75	62
2024-12-06	18.38	14.48	9.38	55157057	Upward Expansion	68	60
2024-11-29	18.21	14.35	10.10	89792993	Upward Expansion	72	63
2024-11-22	17.25	14.20	6.08	59085665	Upward Expansion	65	50
2024-11-15	17.30	14.10	3.28	78006579	Upward Expansion	68	60
2024-11-08	17.35	13.98	-0.26	64342133	Upward Expansion	74	70
2024-11-01	15.51	13.86	-4.82	45292009	Upward Expansion	62	65
2024-10-25	16.47	13.78	-0.48	53716813	Rotation Up	69	75
2024-10-18	16.58	13.68	2.89	92453569	Rotation Up	46	57
2024-10-11	14.85	13.62	-4.90	65846254	Rotation Up	20	31
2024-10-04	15.98	13.60	-2.16	21162818	Downward Expansion	34	29
2024-09-27	14.19	13.52	-3.71	28509140	Downward Expansion	-20	13
2024-09-20	12.20	13.50	-2.35	7200000	Downward Expansion	-56	43
2024-09-13	12.07	13.55	-2.27	12513400	Downward Expansion	-60	44
2024-09-06	12.40	13.50	-1.36	17273700	Downward Expansion	-55	33
2024-08-30	13.01	13.49	0.91	25299225	Downward Expansion	-49	28
2024-08-23	12.40	13.58	-1.67	66793840	Downward Expansion	-58	30
2024-08-16	13.18	13.66	2.55	16518956	Downward Expansion	-50	27
2024-08-09	12.59	13.76	-2.32	21081820	Downward Expansion	-58	34
2024-08-02	13.42	13.89	2.34	15942250	Downward Expansion	-52	34
2024-07-26	12.84	14.02	-2.45	12553080	Downward Expansion	-58	49
2024-07-19	12.83	14.14	-6.16	13519400	Balance	-57	48
2024-07-12	12.99	14.32	-4.70	13108536	Balance	-56	43
2024-07-05	13.01	14.46	-3.28	18172870	Balance	-54	33
2024-06-28	13.70	14.60	-0.03	28073807	Balance	-35	20
2024-06-21	13.62	14.69	-3.04	21653687	Balance	-33	17
2024-06-14	14.13	14.79	-1.68	13801748	Balance	-22	9
2024-06-07	13.53	14.86	-5.98	25323963	Balance	-18	11
2024-05-31	14.75	14.92	1.32	28257800	Balance	-5	15
2024-05-24	14.81	14.91	1.19	57102556	Balance	-7	11
2024-05-17	14.79	14.87	-1.89	97243793	Balance	-9	9
2024-05-10	14.43	14.85	-4.57	31177002	Balance	-20	11
2024-05-03	13.97	14.85	-6.55	11339386	Downward Expansion	-35	16
2024-04-26	14.14	14.86	-3.84	32423454	Downward Expansion	-46	23
2024-04-19	13.62	14.86	-5.26	29459589	Downward Expansion	-48	27
2024-04-12	13.70	14.92	-3.86	53355867	Downward Expansion	-37	20
2024-04-05	13.20	14.98	-10.15	13524349	Downward Expansion	-42	21
2024-03-29	13.58	15.02	-6.04	28572960	Downward Expansion	-36	18
2024-03-22	14.79	15.05	0.81	37653500	Downward Expansion	-35	18
2024-03-15	14.11	15.07	-3.89	29785892	Downward Expansion	-49	27
2024-03-08	13.50	15.12	-5.33	29837126	Downward Expansion	-57	46
2024-03-01	13.81	15.18	-3.52	44516667	Downward Expansion	-61	66
2024-02-23	13.50	15.24	-1.55	49442628	Downward Expansion	-63	69
2024-02-09	10.77	15.43	-18.89	53983328	Balance	-76	75
2024-02-02	12.03	15.67	-0.64	43994736	Balance	-51	45
2024-01-26	15.58	15.95	18.94	37797824	Balance	-10	16
2024-01-19	15.03	16.02	15.52	22846136	Balance	-13	13
2024-01-12	15.94	16.12	20.64	18836668	Rotation Up	8	8
2024-01-05	16.51	16.20	24.44	26515391	Rotation Up	27	23
2023-12-29	17.38	16.23	26.63	52184891	Rotation Up	34	32
2023-12-22	16.41	16.18	24.87	119859116	Rotation Up	24	35
2023-12-15	18.26	16.19	37.96	58900306	Rotation Up	44	64
2023-12-08	17.06	16.15	28.20	37545391	Rotation Up	29	54
2023-12-01	17.25	16.17	28.83	31705309	Rotation Up	34	46
2023-11-24	16.49	16.26	22.89	33470733	Downward Expansion	4	26
2023-11-17	16.77	16.16	24.40	31745637	Downward Expansion	7	20
2023-11-10	16.11	16.10	20.73	54316449	Downward Expansion	-24	15
2023-11-03	15.39	16.04	17.85	46746705	Downward Expansion	-46	32
2023-10-27	14.39	16.01	12.10	34935989	Downward Expansion	-61	62
2023-10-20	13.53	16.03	8.44	25836616	Downward Expansion	-70	68
2023-10-13	14.19	16.04	8.88	26777624	Downward Expansion	-62	61
2023-09-29	14.44	16.03	11.11	20052945	Downward Expansion	-58	45
2023-09-22	14.19	16.02	9.21	27578028	Deceleration	-33	26

Price vs TrendBelow-3.5%

Trend directionRising+1.5%

Price vs current Fair ValuePremium+49.1%

Fair Value directionMoving away-18.6%

Relative Strength vs benchmarkLeading+12.7%

Relative strength directionImproving+9.7%

Price momentumPositive+18.7%

Volume balanceDemand-led1.35×

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

-24 / ±100

-62.5 points since 2026-09-04

Energy

27 /100

+0.1 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.

300467 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance41

Rotation Up25

Upward Expansion15

Deceleration46

Rotation Down55

Downward Expansion50

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 19%Rotation Up 6%Upward Expansion 37%Deceleration 18%Rotation Down 1%Downward Expansion 19%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-08-21	2026-10-02	Developing	-1.5%
Rotation Down	2026-08-07	2026-08-14	New	+12.6%
Deceleration	2026-06-12	2026-07-31	Developing	-5.3%
Upward Expansion	2026-05-08	2026-06-05	Developing	-20.3%
Deceleration	2026-03-20	2026-05-01	Developing	+29.4%
Upward Expansion	2025-12-12	2026-03-13	Established	+7.8%
Deceleration	2025-10-31	2025-12-05	Developing	+10.8%
Upward Expansion	2025-06-06	2025-10-24	Established	+18.5%
Balance	2025-04-18	2025-05-30	Developing	+19.0%
Upward Expansion	2025-02-21	2025-04-11	Developing	-15.5%
Deceleration	2025-01-10	2025-02-14	Developing	+36.5%
Upward Expansion	2024-11-01	2025-01-03	Developing	-3.6%
Rotation Up	2024-10-11	2024-10-25	New	+10.9%
Downward Expansion	2024-07-26	2024-10-04	Developing	+24.5%

Classic Stage Analysis comparison

Stage 1 · Basing36

Stage 2 · Advancing71

Stage 3 · Distribution71

Stage 4 · Declining29

Legacy result: Stage 2 · Stage 2A · Early advance. 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: 12/100
Current Relative Strength: 12.74
Relative Strength direction: Improving
Price momentum: +18.7%
Excess performance vs benchmark: +22.2%
Communication Services regime cohort: 6th percentile31 in cohort

Test 300467 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.56×

Latest completed volume relative to typical participation.

Up/down volume1.35×

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

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 300467 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 32.73falling

Slow Activity CNY 33.84falling

Trend Reference CNY 33.46-3.5% close margin

Current Fair Value CNY 21.66+49.1% close margin

Structural low CNY 27.30shock / repair context

What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +8.8%

Annualized volatility +57.3%

From structural high -25.6%

From structural low +41.6%

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	15	-1.6%-17.8% to +19.4%	+46.7%	+46.7%	+3.9%	+46.7%	Usable descriptive sample
Intermediate	8	+0.9%-23.2% to +21.9%	+50.0%	+50.0%	+7.9%	+12.5%	Usable descriptive sample
Extended	5	+17.4%-31.0% to +32.4%	+60.0%	+60.0%	+8.8%	+20.0%	Usable descriptive sample
Full cycle	4	+33.0%-12.4% to +81.9%	+75.0%	+75.0%	+19.8%	+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.

300467 Stage Analysis

What the Activity Line geometry says now

Directional pressure has compressed into balance.

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

Directional pressure has compressed into balance.

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