Weekly structural research · SHH · Industrials

688659 Stage Analysis

Anhui Yuanchen Environmental Protection Science&Technology Co.,Ltd.

Week ending 9 Oct 2026Close CNY 9.00Tenure NewBenchmark 000001.SS

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: weakening.
Activity structure: moderate and expanding.

Direction -62−100 bearish to +100 bullish

Energy 64/100directional strength

Maturity 14/100lifecycle context

Confidence 87/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderateexpanding separation

Price acceptance -83.3%position within the Activity structure

Fair Value context +2.2%CNY 8.80 · 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
2026-10-09	9.00	10.00	-7.41	6175247	Downward Expansion	-62	64
2026-10-02	9.10	10.06	-7.35	9255051	Downward Expansion	-60	57
2026-09-25	9.30	10.12	-6.67	11438374	Downward Expansion	-54	45
2026-09-18	8.96	10.18	-10.87	17930959	Rotation Up	-62	36
2026-09-11	9.19	10.24	-8.37	14078032	Rotation Up	-40	24
2026-09-04	10.29	10.30	1.18	2231881	Rotation Up	4	24
2026-08-28	10.48	10.30	2.38	3637695	Downward Expansion	5	23
2026-08-21	10.69	10.31	5.53	1989736	Downward Expansion	-15	17
2026-08-14	10.35	10.29	1.46	3531515	Downward Expansion	-48	34
2026-08-07	9.86	10.28	-3.96	1968162	Downward Expansion	-63	69
2026-07-31	8.79	10.26	-12.06	2471908	Downward Expansion	-65	75
2026-07-24	8.05	10.29	-19.26	2886834	Balance	-81	76
2026-07-17	8.54	10.34	-13.51	4380578	Balance	-50	45
2026-07-10	10.12	10.36	-3.62	4294379	Balance	-14	11
2026-07-03	10.24	10.35	-3.59	6242635	Balance	-13	16
2026-06-26	10.58	10.35	0.06	6214603	Balance	-1	16
2026-06-19	10.51	10.32	-1.95	31360959	Balance	0	17
2026-06-12	9.63	10.36	-8.70	5324429	Balance	-11	16
2026-06-05	10.00	10.39	-5.10	5099471	Upward Expansion	25	16
2026-05-29	10.52	10.42	-1.06	25393251	Upward Expansion	55	59
2026-05-22	11.77	10.44	9.74	18689672	Upward Expansion	64	73
2026-05-15	11.87	10.39	10.52	20531624	Upward Expansion	69	70
2026-05-08	12.08	10.35	11.78	19323689	Balance	75	59
2026-05-01	11.53	10.30	9.02	22893741	Balance	26	18
2026-04-24	10.04	10.26	-3.79	10366766	Downward Expansion	-51	35
2026-04-17	9.92	10.28	-3.95	12628782	Downward Expansion	-53	46
2026-04-10	9.88	10.31	-2.42	12672430	Balance	-55	42
2026-04-03	9.15	10.33	-6.93	14620826	Balance	-62	44
2026-03-27	9.90	10.38	0.05	19522007	Balance	-24	20
2026-03-20	9.71	10.42	-2.69	13567922	Rotation Up	-21	13
2026-03-13	10.79	10.45	4.68	12626149	Rotation Up	31	45
2026-03-06	10.81	10.46	4.50	15284940	Rotation Up	24	49
2026-02-27	11.16	10.42	7.32	11201560	Rotation Up	38	58
2026-02-13	10.90	10.35	7.36	13080735	Balance	28	36
2026-02-06	10.72	10.29	6.51	14707525	Balance	20	26
2026-01-30	10.47	10.23	3.09	17177696	Balance	11	19
2026-01-23	10.72	10.17	5.47	13200317	Balance	13	13
2026-01-16	10.20	10.09	1.61	13697504	Rotation Down	-13	14
2026-01-09	9.84	10.02	-2.09	12798173	Rotation Down	-30	29
2026-01-02	9.45	9.96	-2.05	6121972	Rotation Down	-36	52
2025-12-26	9.49	9.91	-1.20	12549414	Rotation Down	-27	47
2025-12-19	9.58	9.85	1.87	13786436	Balance	-22	42
2025-12-12	9.27	9.79	-1.27	13296118	Balance	-15	28
2025-12-05	9.90	9.74	5.02	13369769	Balance	3	11
2025-11-28	10.15	9.66	8.10	14504204	Balance	18	10
2025-11-21	9.61	9.56	3.91	26207161	Upward Expansion	21	17
2025-11-14	11.61	9.47	20.72	19658033	Upward Expansion	76	61
2025-11-07	10.72	9.30	11.69	13999906	Upward Expansion	55	37
2025-10-31	10.92	9.16	15.23	16578607	Upward Expansion	58	36
2025-10-24	10.89	9.03	15.33	14515993	Deceleration	59	36
2025-10-17	10.28	8.90	12.39	14748540	Deceleration	43	29
2025-10-10	10.73	8.80	16.06	6423741	Deceleration	48	36
2025-10-03	10.71	8.70	16.92	6947359	Deceleration	49	39
2025-09-26	10.30	8.59	14.71	17991586	Upward Expansion	48	41
2025-09-19	10.55	8.48	18.46	17920234	Upward Expansion	60	51
2025-09-12	10.83	8.36	20.86	29003156	Upward Expansion	67	60
2025-09-05	10.65	8.23	21.52	27431825	Upward Expansion	65	64
2025-08-29	10.55	8.11	19.87	38414757	Upward Expansion	68	67
2025-08-22	10.95	7.99	26.31	28998984	Upward Expansion	80	82
2025-08-15	10.80	7.85	30.18	48890405	Upward Expansion	85	87
2025-08-08	11.11	7.71	37.47	79645087	Upward Expansion	96	92
2025-08-01	9.40	7.55	19.98	17286490	Upward Expansion	80	91
2025-07-25	9.34	7.45	18.89	13898750	Upward Expansion	85	93
2025-07-18	9.10	7.37	18.59	13766373	Upward Expansion	85	92
2025-07-11	8.79	7.32	16.17	11800274	Upward Expansion	81	87
2025-07-04	8.63	7.31	15.93	15285139	Upward Expansion	78	72
2025-06-27	8.46	7.30	15.86	18468607	Upward Expansion	77	69
2025-06-20	7.94	7.30	11.27	12218286	Upward Expansion	63	62
2025-06-13	7.95	7.29	11.24	12124683	Rotation Up	65	67
2025-06-06	8.07	7.30	13.00	10415783	Rotation Up	46	63
2025-05-30	7.83	7.31	11.34	11556974	Rotation Up	39	54
2025-05-23	7.68	7.32	9.27	13127060	Balance	24	31
2025-05-16	7.76	7.32	9.81	13553327	Balance	27	26
2025-05-09	7.55	7.30	7.65	12362416	Balance	-0	3
2025-05-02	7.17	7.27	4.19	10209868	Downward Expansion	-45	39
2025-04-25	6.82	7.26	-1.42	11937920	Downward Expansion	-53	54
2025-04-18	6.63	7.23	-3.56	13793416	Balance	-57	53
2025-04-11	6.38	7.18	-5.99	20846400	Balance	-54	37
2025-04-04	7.18	7.14	2.29	10624637	Balance	14	11
2025-03-28	6.97	7.08	-1.21	17333993	Deceleration	26	19
2025-03-21	7.32	7.03	3.00	14213546	Deceleration	37	25
2025-03-14	7.56	6.95	4.31	13062854	Deceleration	37	25
2025-03-07	7.37	6.88	2.82	14951347	Deceleration	37	21
2025-02-28	6.92	6.81	-2.08	11723547	Deceleration	23	17
2025-02-21	7.18	6.76	-0.54	13708699	Deceleration	22	16
2025-02-14	6.92	6.70	-3.61	12531279	Deceleration	18	13
2025-02-07	7.11	6.64	0.22	10384876	Deceleration	5	13
2025-01-31	6.75	6.59	-3.85	3270694	Deceleration	-0	29
2025-01-24	6.73	6.55	-5.31	25304651	Deceleration	-1	26
2025-01-17	6.67	6.53	-7.18	17150076	Deceleration	1	28
2025-01-10	6.23	6.50	-12.80	13966065	Deceleration	-9	28
2025-01-03	6.36	6.50	-13.70	12368513	Deceleration	14	20
2024-12-27	7.06	6.48	-11.16	16346764	Upward Expansion	44	30
2024-12-20	7.74	6.48	-3.24	13280292	Upward Expansion	60	46
2024-12-13	8.35	6.45	2.20	13427902	Upward Expansion	66	55
2024-12-06	8.47	6.42	2.05	14022197	Upward Expansion	72	60
2024-11-29	8.19	6.37	-0.32	13742439	Upward Expansion	68	60
2024-11-22	7.90	6.33	-3.39	18265619	Upward Expansion	66	69
2024-11-15	8.14	6.27	-3.74	24137815	Upward Expansion	71	85
2024-11-08	8.41	6.20	-5.10	31474437	Rotation Up	85	92
2024-11-01	8.00	6.14	-5.76	34733363	Rotation Up	57	80
2024-10-25	7.70	6.12	-10.98	18638235	Rotation Up	49	75
2024-10-18	7.08	6.11	-18.05	13652316	Rotation Up	41	61
2024-10-11	6.65	6.13	-22.93	25454636	Rotation Up	31	37
2024-10-04	6.86	6.17	-24.32	7293514	Rotation Up	18	25
2024-09-27	6.02	6.17	-29.15	10097908	Downward Expansion	-25	16
2024-09-20	5.24	6.23	-31.39	5083743	Downward Expansion	-56	37
2024-09-13	5.26	6.31	-31.37	8748154	Downward Expansion	-57	42
2024-09-06	5.23	6.34	-34.27	10880463	Downward Expansion	-59	45
2024-08-30	5.50	6.42	-33.63	17318047	Downward Expansion	-57	43
2024-08-23	4.94	6.57	-41.50	9209321	Downward Expansion	-72	54
2024-08-16	5.27	6.76	-39.05	9743985	Downward Expansion	-63	50
2024-08-09	5.40	6.97	-38.05	8713252	Downward Expansion	-62	52
2024-08-02	5.45	7.18	-39.22	9545746	Downward Expansion	-64	55
2024-07-26	5.25	7.42	-41.99	9522073	Downward Expansion	-72	63
2024-07-19	5.28	7.63	-44.39	11807919	Downward Expansion	-74	61
2024-07-12	5.63	7.86	-41.64	16124493	Downward Expansion	-68	53
2024-07-05	5.58	8.06	-42.88	13121959	Downward Expansion	-71	63
2024-06-28	6.00	8.30	-40.04	15935075	Downward Expansion	-63	59
2024-06-21	5.91	8.52	-42.42	19741892	Downward Expansion	-68	59
2024-06-14	6.08	8.76	-42.35	11082635	Downward Expansion	-67	51
2024-06-07	5.89	8.95	-45.34	19063306	Downward Expansion	-73	48
2024-05-31	6.95	9.15	-37.05	13006855	Downward Expansion	-41	30
2024-05-24	7.00	9.30	-37.26	28440452	Downward Expansion	-43	32
2024-05-17	7.28	9.44	-36.58	13812066	Downward Expansion	-48	41
2024-05-10	7.13	9.60	-38.26	15635965	Downward Expansion	-62	53
2024-05-03	6.93	9.76	-39.40	9257039	Downward Expansion	-64	56
2024-04-26	6.17	9.94	-46.13	12197178	Downward Expansion	-69	62
2024-04-19	5.83	10.15	-49.19	24069937	Downward Expansion	-77	60
2024-04-12	6.65	10.39	-41.79	14812306	Downward Expansion	-72	55
2024-04-05	7.40	10.60	-36.94	7360470	Downward Expansion	-61	50
2024-03-29	7.40	10.75	-36.94	13727991	Downward Expansion	-63	53
2024-03-22	7.80	10.94	-34.28	18842425	Downward Expansion	-62	56
2024-03-15	7.68	11.11	-36.06	17839440	Downward Expansion	-65	63
2024-03-08	7.07	11.30	-41.56	21392017	Downward Expansion	-72	86
2024-03-01	7.64	11.50	-37.22	24354534	Downward Expansion	-68	88
2024-02-23	7.74	11.68	-36.79	29099652	Downward Expansion	-70	89
2024-02-09	6.26	11.92	-47.15	37622051	Downward Expansion	-95	97
2024-02-02	7.63	12.25	-33.49	17886327	Downward Expansion	-94	92
2024-01-26	9.89	12.56	-20.02	13185583	Downward Expansion	-84	79
2024-01-19	10.50	12.77	-13.50	8749099	Downward Expansion	-78	57
2024-01-12	11.64	12.93	-6.68	8586532	Downward Expansion	-59	33
2024-01-05	11.85	13.06	-7.15	7557774	Downward Expansion	-44	27
2023-12-29	12.45	13.18	-4.54	10369362	Downward Expansion	-39	26
2023-12-22	11.78	13.22	-8.55	9344664	Downward Expansion	-55	33
2023-12-15	11.96	13.28	-9.31	9987153	Downward Expansion	-40	21
2023-12-08	11.83	13.28	-12.37	13013729	Downward Expansion	-38	24
2023-12-01	12.55	13.27	-10.56	15718620	Downward Expansion	-27	22
2023-11-24	12.69	13.23	-11.12	28299327	Downward Expansion	-32	20
2023-11-17	13.11	13.19	-9.15	23058445	Downward Expansion	-35	24
2023-11-10	11.87	13.18	-18.24	10121227	Downward Expansion	-61	59
2023-11-03	11.73	13.23	-19.67	11037084	Downward Expansion	-63	68
2023-10-27	11.58	13.30	-20.78	9264615	Downward Expansion	-67	72
2023-10-20	11.22	13.38	-22.66	12288163	Downward Expansion	-76	73
2023-10-13	11.96	13.47	-20.57	16364092	Downward Expansion	-64	60
2023-09-29	12.11	13.56	-20.38	7402197	Downward Expansion	-62	49

Price vs TrendBelow-10.0%

Trend directionFalling-2.5%

Price vs current Fair ValuePremium+2.2%

Fair Value directionMoving away-8.4%

Relative Strength vs benchmarkLagging-7.4%

Relative strength directionWeakening-3.8%

Price momentumNegative-8.9%

Volume balanceSupply-led0.35×

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

-62 / ±100

-22.0 points since 2026-09-11

Energy

64 /100

+39.9 points since 2026-09-11

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

688659 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance18

Rotation Up11

Upward Expansion14

Deceleration38

Rotation Down70

Downward Expansion89

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

2023-09-29 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 17%Rotation Up 10%Upward Expansion 19%Deceleration 11%Rotation Down 3%Downward Expansion 40%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-09-25	2026-10-09	New	-3.2%
Rotation Up	2026-09-04	2026-09-18	New	-12.9%
Downward Expansion	2026-07-31	2026-08-28	Developing	+19.2%
Balance	2026-06-12	2026-07-24	Developing	-16.4%
Upward Expansion	2026-05-15	2026-06-05	New	-15.8%
Balance	2026-05-01	2026-05-08	New	+4.8%
Downward Expansion	2026-04-17	2026-04-24	New	+1.2%
Balance	2026-03-27	2026-04-10	New	-0.2%
Rotation Up	2026-02-27	2026-03-20	New	-13.0%
Balance	2026-01-23	2026-02-13	New	+1.7%
Rotation Down	2025-12-26	2026-01-16	New	+7.5%
Balance	2025-11-28	2025-12-19	New	-5.6%
Upward Expansion	2025-10-31	2025-11-21	New	-12.0%
Deceleration	2025-10-03	2025-10-24	New	+1.7%

Classic Stage Analysis comparison

Stage 1 · Basing42

Stage 2 · Advancing1

Stage 3 · Distribution46

Stage 4 · Declining99

Legacy result: Stage 4 · Stage 4A · Breakdown. 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

Lagging benchmark

Architecture confirmation: 89/100
Current Relative Strength: -7.41
Relative Strength direction: Weakening
Price momentum: -8.9%
Excess performance vs benchmark: -4.6%
Industrials regime cohort: 58th percentile314 in cohort

Test 688659 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.74×

Latest completed volume relative to typical participation.

Up/down volume0.35×

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 rotationWeakening

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 688659 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 9.09falling

Slow Activity CNY 9.80falling

Trend Reference CNY 10.00-10.0% close margin

Current Fair Value CNY 8.80+2.2% close margin

Structural low CNY 7.90shock / 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 +8.7%

Annualized volatility +48.9%

From structural high -28.5%

From structural low +13.9%

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	21	-3.1%-26.3% to +31.2%	+47.6%	+52.4%	-0.5%	+81.0%	Usable descriptive sample
Intermediate	8	-3.3%-43.7% to +62.0%	+50.0%	+50.0%	+1.9%	+50.0%	Usable descriptive sample
Extended	4	+6.2%-45.0% to +59.7%	+50.0%	+50.0%	+8.1%	+50.0%	Too little matched history
Full cycle	3	+10.5%-51.8% to +69.1%	+66.7%	+33.3%	+3.9%	+66.7%	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.

688659 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