Weekly structural research · SHH · Consumer Cyclical

900916 Stage Analysis

Shanghai Phoenix Enterprise (Group) Co., Ltd.

Week ending 2 Oct 2026Close USD 0.556Tenure DevelopingBenchmark 000001.SS

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · 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: weakening.
Activity structure: wide and contracting.

Direction 72−100 bearish to +100 bullish

Energy 69/100directional strength

Maturity 45/100lifecycle context

Confidence 89/100evidence agreement

Trend gate Upstructural direction

Activity structure Widecontracting separation

Price acceptance +100.0%position within the Activity structure

Fair Value context +57.7%USD 0.3526 · 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	0.556	0.4328	40.20	2664693	Upward Expansion	72	69
2026-09-25	0.559	0.4266	40.48	6602317	Upward Expansion	79	76
2026-09-18	0.55	0.4205	38.48	9010920	Upward Expansion	77	82
2026-09-11	0.544	0.4148	38.82	13751047	Upward Expansion	77	91
2026-09-04	0.542	0.4092	37.75	6192163	Upward Expansion	81	93
2026-08-28	0.522	0.404	32.87	400800	Upward Expansion	72	90
2026-08-21	0.54	0.3995	39.96	1674357	Upward Expansion	90	96
2026-08-14	0.51	0.3942	32.33	1091000	Upward Expansion	88	95
2026-08-07	0.504	0.3901	31.12	3568073	Rotation Up	85	83
2026-07-31	0.444	0.386	19.44	927900	Rotation Up	55	26
2026-07-24	0.365	0.3838	-1.01	141700	Rotation Down	-34	56
2026-07-17	0.373	0.3843	2.42	97813	Deceleration	-24	37
2026-07-10	0.3718	0.3844	-3.84	95010	Deceleration	-26	36
2026-07-03	0.3747	0.3848	-4.33	123300	Deceleration	-13	23
2026-06-26	0.3669	0.3848	-6.11	607000	Upward Expansion	10	10
2026-06-19	0.3855	0.3849	-3.04	2438891	Upward Expansion	52	45
2026-06-12	0.4108	0.385	4.64	368720	Upward Expansion	65	75
2026-06-05	0.428	0.3842	9.06	3192162	Upward Expansion	89	84
2026-05-29	0.40	0.3829	0.90	5620352	Upward Expansion	66	66
2026-05-22	0.403	0.3823	0.44	7043234	Upward Expansion	75	63
2026-05-15	0.391	0.3812	-3.22	2966776	Upward Expansion	59	39
2026-05-08	0.391	0.3807	-4.49	1790901	Balance	59	44
2026-05-01	0.384	0.3804	-4.88	1789180	Balance	49	37
2026-04-24	0.382	0.3802	-4.88	1930801	Balance	49	36
2026-04-17	0.39	0.3804	-2.38	1945680	Balance	34	29
2026-04-10	0.387	0.3806	-1.71	1729710	Balance	9	14
2026-04-03	0.378	0.381	-1.60	1946352	Downward Expansion	-33	15
2026-03-27	0.383	0.3814	-1.35	2834118	Downward Expansion	-39	25
2026-03-20	0.379	0.3814	-3.71	5174490	Downward Expansion	-55	52
2026-03-13	0.368	0.3816	-9.92	1014227	Downward Expansion	-68	65
2026-03-06	0.37	0.3814	-10.43	1308141	Balance	-63	49
2026-02-27	0.377	0.3809	-9.90	932300	Balance	-11	11
2026-02-13	0.378	0.3801	-8.15	681172	Balance	13	5
2026-02-06	0.377	0.3793	-8.26	1206200	Balance	24	12
2026-01-30	0.385	0.3783	-7.75	1662720	Deceleration	48	34
2026-01-23	0.387	0.3769	-7.93	1577575	Deceleration	51	30
2026-01-16	0.382	0.3756	-8.72	2117826	Deceleration	31	17
2026-01-09	0.387	0.374	-8.29	1714432	Deceleration	41	20
2026-01-02	0.38	0.3729	-6.81	598230	Deceleration	27	11
2025-12-26	0.38	0.372	-6.95	1265485	Deceleration	17	9
2025-12-19	0.379	0.3711	-5.76	856331	Deceleration	17	9
2025-12-12	0.377	0.3702	-6.58	1773707	Deceleration	16	14
2025-12-05	0.382	0.3694	-5.99	1207000	Deceleration	23	13
2025-11-28	0.377	0.3686	-7.11	1422464	Deceleration	23	13
2025-11-21	0.368	0.3676	-8.33	2156300	Deceleration	23	19
2025-11-14	0.39	0.3671	-6.90	2086400	Deceleration	59	40
2025-11-07	0.387	0.3653	-8.03	1092007	Deceleration	53	29
2025-10-31	0.389	0.3638	-6.81	3091374	Deceleration	45	23
2025-10-24	0.381	0.3629	-8.82	2332300	Deceleration	30	21
2025-10-17	0.369	0.3623	-9.39	1477203	Deceleration	32	26
2025-10-10	0.378	0.3625	-8.76	503900	Upward Expansion	41	26
2025-10-03	0.38	0.3625	-8.08	671400	Upward Expansion	48	38
2025-09-26	0.378	0.3623	-7.39	2968890	Upward Expansion	63	54
2025-09-19	0.389	0.3617	-4.62	2207509	Upward Expansion	67	79
2025-09-12	0.395	0.3607	-4.57	3329500	Upward Expansion	71	86
2025-09-05	0.401	0.3594	-1.83	5635076	Upward Expansion	86	92
2025-08-29	0.389	0.3578	-6.00	6529613	Upward Expansion	82	87
2025-08-22	0.384	0.3565	-6.47	5760960	Rotation Up	84	83
2025-08-15	0.385	0.3561	-2.95	6062262	Rotation Up	50	62
2025-08-08	0.362	0.3555	-7.18	1921583	Balance	25	23
2025-08-01	0.353	0.3552	-7.66	1524000	Balance	-22	14
2025-07-25	0.354	0.3552	-8.29	2567344	Downward Expansion	-26	12
2025-07-18	0.353	0.3563	-7.06	1973700	Downward Expansion	-43	22
2025-07-11	0.348	0.3578	-7.69	1304741	Downward Expansion	-51	44
2025-07-04	0.344	0.3592	-7.59	1114560	Downward Expansion	-50	39
2025-06-27	0.347	0.3604	-5.22	1245744	Downward Expansion	-49	35
2025-06-20	0.334	0.3613	-6.73	1232950	Downward Expansion	-65	38
2025-06-13	0.353	0.3623	-1.58	447156	Downward Expansion	-33	16
2025-06-06	0.353	0.363	-1.41	510400	Downward Expansion	-35	17
2025-05-30	0.355	0.3642	0.79	1762686	Downward Expansion	-34	16
2025-05-23	0.351	0.3643	-0.07	2602300	Downward Expansion	-38	20
2025-05-16	0.354	0.3649	0.45	1315254	Downward Expansion	-48	24
2025-05-09	0.358	0.3649	2.60	2769500	Downward Expansion	-53	43
2025-05-02	0.346	0.3643	1.34	535177	Downward Expansion	-60	64
2025-04-25	0.353	0.3645	3.10	3214090	Downward Expansion	-55	59
2025-04-18	0.337	0.3636	-0.73	910989	Balance	-70	64
2025-04-11	0.34	0.3626	1.56	2818843	Balance	-38	31
2025-04-04	0.363	0.3613	5.20	539971	Deceleration	27	18
2025-03-28	0.362	0.3595	4.85	2247241	Deceleration	31	24
2025-03-21	0.375	0.3573	8.38	1725401	Deceleration	42	30
2025-03-14	0.379	0.3543	8.06	2016010	Deceleration	44	26
2025-03-07	0.374	0.3516	8.38	4403198	Deceleration	33	16
2025-02-28	0.359	0.3491	5.88	2875131	Deceleration	7	11
2025-02-21	0.36	0.3468	4.54	4491131	Deceleration	6	14
2025-02-14	0.356	0.3446	4.52	1675856	Deceleration	6	13
2025-02-07	0.352	0.3423	4.77	1650600	Deceleration	4	11
2025-01-31	0.351	0.3394	6.19	1436500	Deceleration	7	13
2025-01-24	0.371	0.336	12.17	1333800	Deceleration	29	23
2025-01-17	0.367	0.3319	11.67	1734800	Deceleration	33	22
2025-01-10	0.353	0.3277	10.27	1637949	Upward Expansion	41	26
2025-01-03	0.355	0.3241	9.80	3331000	Upward Expansion	48	38
2024-12-27	0.386	0.32	13.12	4366900	Upward Expansion	62	53
2024-12-20	0.397	0.3164	17.81	16880578	Upward Expansion	73	58
2024-12-13	0.39	0.3126	15.44	8080254	Upward Expansion	73	57
2024-12-06	0.38	0.3093	12.60	2759557	Upward Expansion	69	58
2024-11-29	0.376	0.3063	14.41	2038300	Upward Expansion	69	60
2024-11-22	0.363	0.3036	12.86	1949600	Upward Expansion	66	61
2024-11-15	0.375	0.3009	14.70	4640580	Upward Expansion	71	70
2024-11-08	0.387	0.2977	14.65	5815968	Upward Expansion	87	91
2024-11-01	0.359	0.2947	12.77	4863900	Upward Expansion	70	83
2024-10-25	0.368	0.2926	15.15	2538731	Upward Expansion	84	93
2024-10-18	0.3546	0.2903	12.77	1705902	Upward Expansion	81	91
2024-10-11	0.3407	0.2884	10.27	5716325	Upward Expansion	75	83
2024-10-04	0.3526	0.287	10.47	1823557	Upward Expansion	91	88
2024-09-27	0.3259	0.2854	10.74	2708593	Rotation Up	81	76
2024-09-20	0.3051	0.2844	17.39	808358	Rotation Up	38	49
2024-09-13	0.3031	0.2842	18.59	943100	Rotation Up	37	36
2024-09-06	0.309	0.2839	18.81	3443068	Rotation Up	47	38
2024-08-30	0.2952	0.2832	10.80	976041	Rotation Up	24	28
2024-08-23	0.2853	0.2839	6.73	816190	Rotation Up	23	36
2024-08-16	0.2962	0.2836	9.93	1073441	Rotation Up	26	40
2024-08-09	0.3001	0.2829	12.22	3094561	Rotation Up	32	40
2024-08-02	0.2912	0.282	7.47	3215900	Downward Expansion	15	31
2024-07-26	0.2922	0.2816	8.48	3834467	Downward Expansion	-4	20
2024-07-19	0.2892	0.2813	4.23	4331210	Downward Expansion	-19	16
2024-07-12	0.2645	0.2809	-4.45	2029050	Downward Expansion	-60	49
2024-07-05	0.2486	0.2811	-9.79	1005001	Downward Expansion	-65	79
2024-06-28	0.2476	0.2823	-11.04	997400	Downward Expansion	-68	88
2024-06-21	0.2407	0.2837	-14.78	775900	Downward Expansion	-80	92
2024-06-14	0.2466	0.2855	-14.18	1234000	Downward Expansion	-81	88
2024-06-07	0.2318	0.2866	-20.21	3348277	Downward Expansion	-90	84
2024-05-31	0.2763	0.2877	-6.59	1022300	Balance	-30	35
2024-05-24	0.2833	0.2872	-4.59	1225960	Balance	-0	7
2024-05-17	0.2912	0.2866	-4.19	777179	Balance	13	10
2024-05-10	0.2912	0.286	-4.40	1191959	Balance	10	16
2024-05-03	0.2932	0.2853	-2.40	787939	Balance	12	15
2024-04-26	0.2823	0.2846	-5.68	520700	Balance	3	11
2024-04-19	0.2803	0.2843	-5.86	1568328	Balance	15	11
2024-04-12	0.2962	0.2841	0.68	942300	Upward Expansion	37	20
2024-04-05	0.2971	0.2834	-0.82	437200	Upward Expansion	40	24
2024-03-29	0.2971	0.2832	-0.16	734100	Upward Expansion	52	30
2024-03-22	0.2981	0.2837	-0.37	1507250	Upward Expansion	54	34
2024-03-15	0.3001	0.284	-0.27	2403065	Upward Expansion	55	40
2024-03-08	0.3021	0.2845	0.35	1954630	Upward Expansion	59	46
2024-03-01	0.2981	0.2849	-0.69	2405400	Balance	27	35
2024-02-23	0.2981	0.2851	-0.33	2227240	Balance	28	43
2024-02-09	0.2942	0.2853	2.77	2854079	Balance	21	32
2024-02-02	0.2892	0.2864	5.75	7031439	Balance	6	16
2024-01-26	0.314	0.2878	7.41	9721388	Balance	28	18
2024-01-19	0.2773	0.2884	-2.76	905445	Downward Expansion	-33	18
2024-01-12	0.2744	0.2905	-5.93	884890	Downward Expansion	-37	18
2024-01-05	0.2724	0.2932	-8.63	801200	Downward Expansion	-39	20
2023-12-29	0.2793	0.2953	-8.32	2499915	Downward Expansion	-32	19
2023-12-22	0.2853	0.2977	-5.00	2476642	Downward Expansion	-21	14
2023-12-15	0.2773	0.2996	-8.97	2360500	Downward Expansion	-24	14
2023-12-08	0.2704	0.3017	-12.56	706743	Downward Expansion	-41	25
2023-12-01	0.2843	0.3041	-10.57	928000	Downward Expansion	-26	24
2023-11-24	0.2882	0.306	-10.17	1167900	Downward Expansion	-33	22
2023-11-17	0.2942	0.3076	-9.22	1716431	Downward Expansion	-38	26
2023-11-10	0.2813	0.3093	-13.22	10742620	Downward Expansion	-60	46
2023-11-03	0.2635	0.3117	-19.06	454933	Downward Expansion	-68	61
2023-10-27	0.2615	0.3147	-19.90	666136	Downward Expansion	-74	65
2023-10-20	0.2645	0.318	-18.64	606900	Downward Expansion	-75	66
2023-10-13	0.2744	0.3215	-18.98	1125500	Downward Expansion	-66	65
2023-09-29	0.2714	0.3248	-20.96	532990	Downward Expansion	-70	85
2023-09-22	0.2724	0.3285	-21.76	642600	Downward Expansion	-72	88

Price vs TrendAbove+28.5%

Trend directionRising+12.7%

Price vs current Fair ValuePremium+57.7%

Fair Value directionClosing upward+46.5%

Relative Strength vs benchmarkLeading+40.2%

Relative strength directionImproving+44.5%

Price momentumPositive+47.1%

Volume balanceDemand-led13.00×

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

72 / ±100

-8.6 points since 2026-09-04

Energy

69 /100

-24.0 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.

900916 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance1

Rotation Up72

Upward Expansion90

Deceleration57

Rotation Down21

Downward Expansion12

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 16%Rotation Up 8%Upward Expansion 28%Deceleration 20%Rotation Down 1%Downward Expansion 28%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-08-14	2026-10-02	Developing	+9.0%
Rotation Up	2026-07-31	2026-08-07	New	+13.5%
Rotation Down	2026-07-24	2026-07-24	New	+0.0%
Deceleration	2026-07-03	2026-07-17	New	-0.5%
Upward Expansion	2026-05-15	2026-06-26	Developing	-6.2%
Balance	2026-04-10	2026-05-08	Developing	+1.0%
Downward Expansion	2026-03-13	2026-04-03	New	+2.7%
Balance	2026-02-06	2026-03-06	New	-1.9%
Deceleration	2025-10-17	2026-01-30	Established	+4.3%
Upward Expansion	2025-08-29	2025-10-10	Developing	-2.8%
Rotation Up	2025-08-15	2025-08-22	New	-0.3%
Balance	2025-08-01	2025-08-08	New	+2.5%
Downward Expansion	2025-04-25	2025-07-25	Established	+0.3%
Balance	2025-04-11	2025-04-18	New	-0.9%

Classic Stage Analysis comparison

Stage 1 · Basing18

Stage 2 · Advancing100

Stage 3 · Distribution52

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2C · Late advance. 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: 100/100
Current Relative Strength: 40.20
Relative Strength direction: Improving
Price momentum: +47.1%
Excess performance vs benchmark: +48.1%
Consumer Cyclical regime cohort: 62th percentile21 in cohort

Test 900916 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.81×

Latest completed volume relative to typical participation.

Up/down volume13.00×

Participation balance between advancing and declining observations.

Accumulation / distribution5 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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 900916 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity USD 0.5531rising

Slow Activity USD 0.4648rising

Trend Reference USD 0.4328+28.5% close margin

Current Fair Value USD 0.3526+57.7% close margin

Structural low USD 0.363shock / 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 +4.6%

Annualized volatility +37.7%

From structural high -1.2%

From structural low +53.2%

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	15	-1.0%-9.5% to +6.7%	+46.7%	+46.7%	+0.4%	+60.0%	Usable descriptive sample
Intermediate	7	+0.7%-23.3% to +30.4%	+57.1%	+57.1%	-1.8%	+28.6%	Usable descriptive sample
Extended	4	-0.1%-4.9% to +2.9%	+50.0%	+50.0%	+0.3%	+0.0%	Too little matched history
Full cycle	3	+23.8%-25.5% to +39.3%	+66.7%	+66.7%	+13.1%	+33.3%	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.

900916 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding 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 weekly architecture is expanding 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