Weekly structural research ยท SHZ ยท Technology

002963 Stage Analysis

Haoersai Technology Group Corp., Ltd.

Week ending 2 Oct 2026Close CNY 21.59Tenure NewBenchmark 399001.SZ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Re-accelerating

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: wide and expanding.
Direction 61โˆ’100 bearish to +100 bullish
Energy 64/100directional strength
Maturity 25/100lifecycle context
Confidence 88/100evidence agreement
Trend gate Upstructural direction
Activity structure Wideexpanding separation
Price acceptance +83.3%position within the Activity structure
Fair Value context +59.3%CNY 13.56 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
2026-10-0221.5917.7639.8318421600Upward Expansion6164
2026-09-2523.5117.5549.0342126638Upward Expansion7772
2026-09-1820.5617.3128.9031043351Upward Expansion6156
2026-09-1120.1317.1428.7752871437Upward Expansion5040
2026-09-0420.1416.9929.3883226862Deceleration4932
2026-08-2819.1516.8120.1819354710Deceleration4328
2026-08-2117.4616.718.963338800Deceleration138
2026-08-1417.8316.639.459516300Deceleration-919
2026-08-0718.5016.5413.9219225324Upward Expansion-725
2026-07-3113.2216.42-14.123335700Upward Expansion-3340
2026-07-2413.1416.47-16.154586200Upward Expansion-116
2026-07-1715.0016.54-4.196039000Upward Expansion2422
2026-07-1019.4516.5212.936024900Upward Expansion6266
2026-07-0321.1016.3818.305028100Upward Expansion6774
2026-06-2623.0116.1927.828350816Upward Expansion8468
2026-06-1919.4915.967.1629820713Upward Expansion6739
2026-06-1219.1715.9513.016714100Upward Expansion6941
2026-06-0516.1315.88-6.953010800Upward Expansion5646
2026-05-2916.7415.89-5.2220020715Upward Expansion5966
2026-05-2219.2015.958.4539337244Rotation Up7277
2026-05-1519.4215.8410.1524941825Rotation Up5064
2026-05-0817.7615.660.7914216948Balance2930
2026-05-0117.1015.510.0430878100Balance1915
2026-04-2414.7215.37-12.8225312300Rotation Down-4928
2026-04-1715.8015.30-6.2121029111Rotation Down-1124
2026-04-1014.3815.22-11.1712243332Rotation Down-2639
2026-04-0313.7915.18-8.8115207300Balance-3338
2026-03-2714.7915.14-5.1022170759Balance-1913
2026-03-2014.5815.09-7.2015672500Balance84
2026-03-1315.8115.05-2.3415783300Deceleration4524
2026-03-0615.5414.98-3.2123705350Deceleration3419
2026-02-2716.2514.91-0.9914131900Deceleration4321
2026-02-1315.3214.81-3.8913336900Deceleration3016
2026-02-0615.5814.73-0.8321308910Deceleration2915
2026-01-3014.7914.65-7.7427532700Deceleration2011
2026-01-2316.2514.59-0.2928544600Deceleration3817
2026-01-1615.0514.46-6.5319024700Deceleration129
2026-01-0915.0314.34-5.5919958210Deceleration1210
2026-01-0214.8814.23-2.3812021183Deceleration1114
2025-12-2614.9514.14-2.4017770303Deceleration2320
2025-12-1915.1414.032.0319938337Deceleration2623
2025-12-1214.2513.91-4.8518358952Deceleration2422
2025-12-0515.3913.823.4223911104Upward Expansion4430
2025-11-2815.3313.714.3444450417Upward Expansion5943
2025-11-2116.2113.5614.3154855106Upward Expansion6454
2025-11-1419.1713.3828.6320662254Upward Expansion8590
2025-11-0717.0013.0913.1524926230Upward Expansion7083
2025-10-3116.5812.8610.9643367819Upward Expansion6981
2025-10-2418.5612.6825.3936920901Upward Expansion9188
2025-10-1715.9212.4213.1847202064Upward Expansion8164
2025-10-1013.7912.28-6.7514266678Deceleration5728
2025-10-0313.2712.22-11.485475864Deceleration3920
2025-09-2612.8512.16-12.3517207270Deceleration3417
2025-09-1912.7212.11-12.5032198082Deceleration3517
2025-09-1213.5212.07-6.2655097809Deceleration4727
2025-09-0513.0011.99-7.6757797501Upward Expansion4124
2025-08-2912.6111.93-11.3738173379Upward Expansion4735
2025-08-2213.5011.86-1.2726383457Upward Expansion6670
2025-08-1513.1311.780.3528068040Upward Expansion6576
2025-08-0813.7811.7010.0112572632Upward Expansion7986
2025-08-0113.5211.589.3516258212Upward Expansion7273
2025-07-2513.2711.475.7311990272Upward Expansion6973
2025-07-1812.9411.485.5911390400Upward Expansion6670
2025-07-1113.0811.469.0913149309Upward Expansion7167
2025-07-0412.9911.4510.3316805068Rotation Up7052
2025-06-2712.4611.447.3513109676Rotation Up3733
2025-06-2011.4111.432.0911233400Rotation Up2421
2025-06-1311.8211.444.5614219412Rotation Up2731
2025-06-0612.1411.446.9811523300Balance3335
2025-05-3011.6911.434.7714523275Balance1620
2025-05-2311.4711.421.7827833047Balance-011
2025-05-1611.4111.430.6948979164Balance-2315
2025-05-0912.2211.468.3434878275Downward Expansion-126
2025-05-0210.8811.42-1.165109403Downward Expansion-5658
2025-04-2510.5911.43-4.057565901Downward Expansion-5663
2025-04-1810.4411.42-4.1510905853Downward Expansion-6163
2025-04-1110.1811.39-7.0715353509Balance-6652
2025-04-0411.1211.36-3.908366800Balance-65
2025-03-2810.9511.30-7.8614946559Balance2113
2025-03-2111.7511.26-2.5213784000Balance2918
2025-03-1411.8811.18-4.2315260755Deceleration3820
2025-03-0711.5511.11-5.8115668500Deceleration3015
2025-02-2811.3411.06-5.6020158800Deceleration2413
2025-02-2111.3311.02-9.0316993901Deceleration2010
2025-02-1411.2010.97-8.2712376100Deceleration89
2025-02-0711.2210.92-6.519519049Deceleration-1422
2025-01-3110.6210.90-8.263695125Deceleration-1730
2025-01-2410.9910.87-7.1314261500Deceleration-1426
2025-01-1710.6610.84-9.5812294284Upward Expansion416
2025-01-1010.2510.82-10.7321472900Upward Expansion1212
2025-01-0310.3110.80-11.9449837496Upward Expansion2519
2024-12-2713.5410.786.3654052362Upward Expansion7250
2024-12-2012.4410.70-2.7023277100Upward Expansion6048
2024-12-1312.7710.66-1.4215755406Upward Expansion7156
2024-12-0612.4910.61-4.8416323700Upward Expansion6949
2024-11-2912.2210.56-6.0211828705Upward Expansion6848
2024-11-2211.7010.51-9.0914570297Upward Expansion5943
2024-11-1511.8110.47-11.4813645978Upward Expansion6458
2024-11-0811.8610.41-14.9514996867Upward Expansion6872
2024-11-0111.2710.38-14.5022883495Rotation Up6474
2024-10-2511.9010.41-11.6230831193Rotation Up4569
2024-10-1812.3010.46-6.7663661339Rotation Up4457
2024-10-1110.9510.43-14.7619617545Downward Expansion2428
2024-10-0411.2310.43-16.915739900Downward Expansion914
2024-09-2710.3410.40-15.7010350500Downward Expansion-2818
2024-09-209.4510.41-9.643373400Downward Expansion-5446
2024-09-139.3310.45-10.335692500Downward Expansion-5748
2024-09-069.3910.43-11.677521900Downward Expansion-5644
2024-08-309.7310.47-11.066757600Downward Expansion-4827
2024-08-239.3310.61-13.277474200Downward Expansion-5830
2024-08-169.8510.77-10.5113307206Downward Expansion-4926
2024-08-0910.1210.93-8.7811332353Downward Expansion-3924
2024-08-0210.0311.10-11.4719661403Downward Expansion-4927
2024-07-269.7811.27-14.3025928893Downward Expansion-5432
2024-07-199.6911.44-18.2135749291Downward Expansion-5833
2024-07-1210.5611.63-10.7219545285Downward Expansion-5029
2024-07-059.8011.76-15.7312335426Downward Expansion-5749
2024-06-2810.0611.97-15.1822545047Downward Expansion-5446
2024-06-2110.2112.14-16.1137099336Downward Expansion-5341
2024-06-149.6212.31-22.738009200Downward Expansion-6343
2024-06-079.5312.50-23.7036076648Downward Expansion-6433
2024-05-3111.3812.72-10.2610874100Downward Expansion-3518
2024-05-2410.9712.81-14.047548200Downward Expansion-4023
2024-05-1711.4612.91-12.968909706Downward Expansion-5031
2024-05-1010.9312.99-17.2511994800Downward Expansion-5444
2024-05-0310.8213.10-16.995259757Downward Expansion-5339
2024-04-2610.5013.21-18.3314209600Downward Expansion-5536
2024-04-199.7913.32-22.3620686992Downward Expansion-6231
2024-04-1210.9413.54-12.8436400082Downward Expansion-3922
2024-04-0512.3713.66-4.7247402828Downward Expansion-3122
2024-03-2913.2113.703.5212654992Downward Expansion-3626
2024-03-2211.4313.74-11.798413843Downward Expansion-5948
2024-03-1511.1513.84-14.4110244493Downward Expansion-6257
2024-03-0810.2813.96-19.109533800Downward Expansion-6685
2024-03-0110.5914.12-17.4916907062Downward Expansion-6785
2024-02-2310.7414.26-13.1212908655Downward Expansion-7087
2024-02-098.6614.39-28.0015444730Downward Expansion-9594
2024-02-0210.6914.58-3.1111687244Downward Expansion-8779
2024-01-2613.8414.7015.7310365600Balance-2122
2024-01-1913.9814.7017.268044386Balance-1813
2024-01-1214.8214.7021.986513971Upward Expansion2612
2024-01-0515.1614.6623.917113500Upward Expansion3315
2023-12-2915.2414.6220.046141070Upward Expansion3316
2023-12-2214.8314.5721.237305200Upward Expansion3418
2023-12-1515.2214.5423.019096900Upward Expansion4625
2023-12-0814.7014.5017.3920990297Upward Expansion4827
2023-12-0116.0114.4726.2428774439Upward Expansion6252
2023-11-2415.1414.3918.7915181077Upward Expansion5146
2023-11-1715.3814.3119.5326801823Balance5242
2023-11-1015.1914.2418.7854043692Balance4737
2023-11-0316.2414.1929.3325648323Balance6032
2023-10-2714.1414.1014.488706173Balance-1418
2023-10-2013.7914.0814.776912241Balance-1720
2023-10-1313.8214.0810.028314733Balance112
2023-09-2914.1914.1012.9810817841Upward Expansion2616
2023-09-2214.1914.1112.8517477699Upward Expansion3822
Price vs TrendAbove+21.6%
Trend directionRising+7.8%
Price vs current Fair ValuePremium+59.3%
Fair Value directionMoving away-0.2%
Relative Strength vs benchmarkLeading+39.8%
Relative strength directionImproving+21.5%
Price momentumPositive+56.6%
Volume balanceDemand-led1.97ร—
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

61 / ยฑ100

+12.1 points since 2026-09-04

Energy

64 /100

+31.8 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
Balance18
Rotation Up71
Upward Expansion90
Deceleration43
Rotation Down10
Downward Expansion14

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 6%Upward Expansion 34%Deceleration 19%Rotation Down 2%Downward Expansion 26%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-09-112026-10-02New+7.3%
Deceleration2026-08-142026-09-04New+13.0%
Upward Expansion2026-05-292026-08-07Developing+10.5%
Rotation Up2026-05-152026-05-22New-1.1%
Balance2026-05-012026-05-08New+3.9%
Rotation Down2026-04-102026-04-24New+2.4%
Balance2026-03-202026-04-03New-5.4%
Deceleration2025-12-122026-03-13Established+10.9%
Upward Expansion2025-10-172025-12-05Developing-3.3%
Deceleration2025-09-122025-10-10Developing+2.0%
Upward Expansion2025-07-112025-09-05Developing-0.6%
Rotation Up2025-06-132025-07-04New+9.9%
Balance2025-05-162025-06-06New+6.4%
Downward Expansion2025-04-182025-05-09New+17.0%
Classic Stage Analysis comparison
Stage 1 ยท Basing17
Stage 2 ยท Advancing100
Stage 3 ยท Distribution54
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2B ยท Advancing. 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
96/100
Current Relative Strength
39.83
Relative Strength direction
Improving
Price momentum
+56.6%
Excess performance vs benchmark
+60.0%
Technology regime cohort
57th percentile51 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.90ร—

Latest completed volume relative to typical participation.

Up/down volume1.97ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity CNY 21.60rising
Slow Activity CNY 18.66rising
Trend Reference CNY 17.76+21.6% close margin
Current Fair Value CNY 13.56+59.3% close margin
Structural low CNY 12.34shock / repair context
What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +13.8%
Annualized volatility +85.8%
From structural high -12.2%
From structural low +75.0%
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 term25-1.5%-42.9% to +37.5%+40.0%+40.0%+0.3%+64.0%Usable descriptive sample
Intermediate10-4.8%-31.3% to +14.4%+40.0%+40.0%-4.8%+10.0%Usable descriptive sample
Extended5+0.5%-29.2% to +14.9%+80.0%+80.0%+4.3%+0.0%Usable descriptive sample
Full cycle4-3.5%-21.3% to +21.7%+50.0%+50.0%-3.3%+50.0%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