Weekly structural research · SHH · Energy

603727 Stage Analysis

BOMESC Offshore Engineering Company Limited

Week ending 25 Sep 2026Close CNY 18.24Tenure NewBenchmark 000001.SS

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Balance · Upper balance after advance

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 contracting.

Direction 14−100 bearish to +100 bullish

Energy 9/100directional strength

Maturity 24/100lifecycle context

Confidence 60/100evidence agreement

Trend gate Mixedstructural direction

Activity structure Compressedcontracting separation

Price acceptance +33.3%position within the Activity structure

Fair Value context +32.2%CNY 13.80 · 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
2026-09-25	18.24	17.61	14.38	14912469	Balance	14	9
2026-09-18	17.60	17.59	10.35	11780800	Balance	1	6
2026-09-11	17.07	17.54	8.18	12136290	Rotation Up	13	16
2026-09-04	18.17	17.51	14.35	18383563	Rotation Up	22	45
2026-08-28	18.52	17.44	16.45	12328646	Rotation Up	26	52
2026-08-21	18.63	17.37	19.05	2149132	Balance	27	45
2026-08-14	18.18	17.24	16.01	2352987	Balance	20	24
2026-08-07	18.26	17.13	16.56	4000300	Balance	18	15
2026-07-31	17.89	16.98	17.86	5218585	Balance	-18	11
2026-07-24	16.35	16.84	8.60	11697000	Balance	-8	8
2026-07-17	15.09	16.75	1.72	6067500	Balance	-20	14
2026-07-10	16.31	16.72	3.51	4148000	Balance	-8	11
2026-07-03	16.97	16.68	6.40	4333900	Rotation Down	-15	15
2026-06-26	16.90	16.62	6.42	9158407	Rotation Down	-20	37
2026-06-19	15.84	16.51	-1.90	21728563	Rotation Down	-25	54
2026-06-12	14.01	16.47	-12.25	3091201	Rotation Down	-37	60
2026-06-05	14.45	16.47	-9.77	3443000	Deceleration	-33	40
2026-05-29	15.03	16.46	-7.34	25054457	Deceleration	-8	18
2026-05-22	17.44	16.42	6.18	38094509	Deceleration	24	17
2026-05-15	16.88	16.29	2.43	17793939	Deceleration	22	19
2026-05-08	17.95	16.18	7.89	12856207	Deceleration	37	19
2026-05-01	18.69	16.02	14.48	18312445	Upward Expansion	43	28
2026-04-24	17.80	15.84	10.27	39314160	Upward Expansion	56	39
2026-04-17	19.55	15.68	22.27	40873522	Upward Expansion	61	52
2026-04-10	20.15	15.48	28.75	49156507	Upward Expansion	67	55
2026-04-03	20.02	15.27	32.01	79668809	Upward Expansion	69	56
2026-03-27	20.90	15.07	37.37	112102555	Upward Expansion	84	71
2026-03-20	17.80	14.86	16.18	56968857	Upward Expansion	64	66
2026-03-13	17.55	14.74	10.95	89272010	Upward Expansion	65	68
2026-03-06	19.92	14.63	25.16	149843948	Upward Expansion	93	89
2026-02-27	17.86	14.42	11.66	41888485	Upward Expansion	85	80
2026-02-13	16.10	14.30	3.00	22343784	Upward Expansion	66	73
2026-02-06	15.98	14.23	2.74	24251089	Upward Expansion	64	73
2026-01-30	16.29	14.18	3.55	62205219	Upward Expansion	73	75
2026-01-23	16.26	14.12	3.04	40915396	Balance	74	66
2026-01-16	14.79	14.05	-5.37	34674736	Balance	51	26
2026-01-09	14.83	14.05	-5.54	32065545	Balance	14	12
2026-01-02	13.82	14.07	-8.49	6822776	Balance	-8	15
2025-12-26	13.77	14.09	-8.66	11708567	Balance	-6	5
2025-12-19	13.66	14.09	-7.61	15697469	Balance	9	15
2025-12-12	14.12	14.09	-4.49	17340165	Balance	26	33
2025-12-05	15.13	14.05	2.03	30244296	Balance	62	61
2025-11-28	15.19	13.97	2.92	55114295	Balance	48	46
2025-11-21	13.63	13.88	-6.16	20262529	Balance	12	16
2025-11-14	14.48	13.84	-4.19	17009211	Balance	35	31
2025-11-07	14.06	13.77	-7.08	12492892	Balance	10	14
2025-10-31	14.01	13.72	-6.38	11798319	Balance	4	9
2025-10-24	14.11	13.71	-5.56	24677202	Rotation Down	-0	5
2025-10-17	13.29	13.70	-8.45	10163734	Rotation Down	-32	34
2025-10-10	13.63	13.76	-7.39	8754358	Rotation Down	-22	43
2025-10-03	13.22	13.76	-9.84	3608800	Rotation Down	-26	51
2025-09-26	13.14	13.79	-9.10	10172889	Rotation Down	-28	49
2025-09-19	13.19	13.78	-8.53	12236721	Deceleration	-26	31
2025-09-12	13.61	13.76	-6.76	17355700	Deceleration	6	8
2025-09-05	13.72	13.71	-4.54	13270418	Deceleration	13	9
2025-08-29	13.97	13.66	-3.89	17040824	Deceleration	43	23
2025-08-22	14.58	13.60	1.17	20871900	Deceleration	53	26
2025-08-15	14.40	13.51	3.60	20330900	Deceleration	38	18
2025-08-08	14.16	13.41	3.69	11829299	Deceleration	30	18
2025-08-01	13.67	13.30	2.35	17578339	Deceleration	29	17
2025-07-25	14.19	13.21	5.28	12783600	Deceleration	39	25
2025-07-18	14.08	13.11	6.36	14202489	Upward Expansion	42	28
2025-07-11	14.40	13.03	9.61	14576000	Upward Expansion	57	43
2025-07-04	14.38	12.95	10.61	15753458	Upward Expansion	61	61
2025-06-27	14.21	12.89	10.72	28527368	Upward Expansion	63	72
2025-06-20	14.79	12.81	17.38	51795278	Upward Expansion	66	75
2025-06-13	15.38	12.70	21.55	25147506	Upward Expansion	79	77
2025-06-06	14.52	12.57	14.56	12316000	Deceleration	67	60
2025-05-30	13.88	12.49	10.69	16581364	Deceleration	47	30
2025-05-23	13.54	12.40	7.72	20527800	Deceleration	38	17
2025-05-16	12.82	12.33	1.06	10587798	Deceleration	10	10
2025-05-09	12.80	12.27	1.21	11736800	Deceleration	17	18
2025-05-02	12.48	12.21	0.04	8633000	Deceleration	15	22
2025-04-25	12.54	12.17	-0.39	15029900	Deceleration	23	22
2025-04-18	12.43	12.10	-1.15	13012423	Upward Expansion	30	20
2025-04-11	12.32	11.99	-1.23	28521496	Upward Expansion	41	34
2025-04-04	13.87	11.89	7.33	19143100	Upward Expansion	64	61
2025-03-28	13.74	11.74	5.71	49959744	Upward Expansion	67	80
2025-03-21	15.10	11.63	15.65	56859856	Upward Expansion	92	96
2025-03-14	13.78	11.45	4.06	26306200	Upward Expansion	81	87
2025-03-07	13.88	11.34	6.39	30569763	Upward Expansion	89	86
2025-02-28	13.04	11.24	1.68	39941599	Upward Expansion	80	77
2025-02-21	12.38	11.16	-5.03	16429000	Upward Expansion	67	70
2025-02-14	12.23	11.10	-5.26	26855200	Upward Expansion	62	65
2025-02-07	12.33	11.08	-3.20	22644346	Balance	66	58
2025-01-31	12.02	11.09	-4.08	9937400	Balance	56	29
2025-01-24	11.85	11.10	-5.62	37330304	Balance	38	22
2025-01-17	11.62	11.14	-7.32	24013040	Balance	27	23
2025-01-10	10.67	11.17	-13.16	19221751	Balance	-21	24
2025-01-03	10.90	11.26	-12.80	24457875	Balance	-4	10
2024-12-27	11.38	11.34	-14.33	19619132	Rotation Up	15	18
2024-12-20	11.66	11.44	-11.67	18720282	Rotation Up	27	28
2024-12-13	12.01	11.52	-9.96	22779200	Rotation Up	30	34
2024-12-06	12.41	11.62	-7.56	25166930	Rotation Up	35	39
2024-11-29	11.99	11.72	-8.85	21901451	Downward Expansion	29	36
2024-11-22	11.56	11.81	-10.72	27492689	Downward Expansion	0	19
2024-11-15	11.49	11.90	-13.26	27728373	Downward Expansion	0	22
2024-11-08	11.95	11.98	-13.13	44431843	Downward Expansion	13	26
2024-11-01	11.25	12.05	-13.94	35910061	Downward Expansion	-7	21
2024-10-25	11.51	12.15	-13.02	29373248	Downward Expansion	-13	28
2024-10-18	10.88	12.20	-17.13	30475178	Downward Expansion	-32	33
2024-10-11	10.95	12.25	-15.73	54495067	Downward Expansion	-41	27
2024-10-04	11.39	12.28	-15.87	16570543	Downward Expansion	-51	47
2024-09-27	10.35	12.28	-17.66	29609668	Downward Expansion	-67	65
2024-09-20	9.13	12.30	-18.42	10367300	Downward Expansion	-80	90
2024-09-13	9.26	12.37	-16.48	15039569	Downward Expansion	-83	91
2024-09-06	9.55	12.40	-15.95	13941141	Downward Expansion	-83	91
2024-08-30	10.25	12.42	-12.41	12347990	Downward Expansion	-70	86
2024-08-23	9.97	12.47	-15.29	12143993	Rotation Down	-80	90
2024-08-16	10.45	12.51	-12.20	17366204	Rotation Down	-48	79
2024-08-09	10.63	12.56	-10.22	17282300	Rotation Down	-49	76
2024-08-02	10.71	12.61	-10.93	23226282	Rotation Down	-44	70
2024-07-26	10.70	12.66	-10.48	22268213	Rotation Down	-49	68
2024-07-19	11.72	12.69	-4.92	16542700	Rotation Down	-36	52
2024-07-12	12.41	12.71	1.21	19336750	Deceleration	-24	30
2024-07-05	12.53	12.70	3.28	12728561	Deceleration	-3	20
2024-06-28	12.78	12.71	5.06	13331900	Deceleration	3	18
2024-06-21	12.80	12.70	4.49	21079973	Deceleration	18	20
2024-06-14	13.35	12.69	8.25	10035779	Deceleration	35	23
2024-06-07	13.31	12.65	7.79	18779638	Upward Expansion	42	26
2024-05-31	14.25	12.61	14.64	17669918	Upward Expansion	60	45
2024-05-24	14.21	12.56	15.04	17844361	Upward Expansion	63	60
2024-05-17	14.82	12.52	18.31	22980585	Upward Expansion	66	70
2024-05-10	15.34	12.43	23.34	27827507	Upward Expansion	78	76
2024-05-03	14.81	12.37	21.84	15700947	Upward Expansion	73	71
2024-04-26	14.21	12.31	18.18	30159276	Rotation Up	68	73
2024-04-19	14.02	12.27	17.93	32443287	Rotation Up	42	64
2024-04-12	13.99	12.22	20.00	31154005	Rotation Up	37	60
2024-04-05	14.32	12.16	21.45	30016859	Balance	45	48
2024-03-29	12.79	12.08	9.90	14266774	Balance	26	26
2024-03-22	12.39	12.06	6.55	15620093	Downward Expansion	-11	15
2024-03-15	11.97	12.07	2.95	10124297	Downward Expansion	-28	17
2024-03-08	11.27	12.09	-2.68	8528589	Downward Expansion	-52	35
2024-03-01	11.21	12.13	-2.58	15931913	Downward Expansion	-58	58
2024-02-23	11.19	12.12	-2.00	15545016	Downward Expansion	-61	67
2024-02-09	10.08	12.14	-7.47	22183825	Downward Expansion	-77	78
2024-02-02	10.06	12.19	-3.09	20526411	Downward Expansion	-84	76
2024-01-26	11.79	12.23	6.62	25225785	Balance	-27	37
2024-01-19	11.29	12.21	5.23	18190544	Balance	-43	45
2024-01-12	11.82	12.22	8.53	13920180	Balance	-31	34
2024-01-05	12.23	12.19	10.84	15909400	Balance	-12	20
2023-12-29	12.05	12.14	7.88	12388000	Balance	-13	21
2023-12-22	11.80	12.10	8.10	11458700	Balance	3	11
2023-12-15	12.14	12.06	10.46	11558499	Balance	10	5
2023-12-08	12.18	12.00	9.96	16368600	Balance	15	9
2023-12-01	12.81	11.95	13.54	16468778	Balance	28	12
2023-11-24	12.49	11.89	10.62	17025653	Upward Expansion	28	15
2023-11-17	12.64	11.88	11.74	42176266	Upward Expansion	31	16
2023-11-10	11.99	11.88	6.79	35514560	Upward Expansion	24	15
2023-11-03	12.20	11.89	9.13	25506868	Upward Expansion	35	18
2023-10-27	12.86	11.88	15.51	34486067	Upward Expansion	53	30
2023-10-20	12.76	11.87	15.90	65191451	Upward Expansion	54	34
2023-10-13	12.21	11.84	7.31	66136228	Upward Expansion	57	47
2023-09-29	13.58	11.82	18.14	18792500	Upward Expansion	76	74
2023-09-22	12.90	11.77	11.37	25082396	Upward Expansion	63	54
2023-09-15	13.17	11.74	14.29	31417422	Upward Expansion	73	46

Price vs TrendAbove+3.6%

Trend directionRising+5.1%

Price vs current Fair ValuePremium+32.2%

Fair Value directionClosing upward+5.4%

Relative Strength vs benchmarkLeading+14.4%

Relative strength directionImproving+8.0%

Price momentumNegative-12.7%

Volume balanceSupply-led0.98×

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

14 / ±100

-12.4 points since 2026-08-28

Energy

9 /100

-42.8 points since 2026-08-28

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

603727 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance52

Rotation Up31

Upward Expansion35

Deceleration63

Rotation Down33

Downward Expansion21

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

2023-09-15 to 2026-09-25 · 156 classified observations out of 156 shown.

Balance 25%Rotation Up 6%Upward Expansion 29%Deceleration 17%Rotation Down 10%Downward Expansion 14%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-09-18	2026-09-25	New	+3.6%
Rotation Up	2026-08-28	2026-09-11	New	-7.8%
Balance	2026-07-10	2026-08-21	Developing	+14.2%
Rotation Down	2026-06-12	2026-07-03	New	+21.1%
Deceleration	2026-05-08	2026-06-05	Developing	-19.5%
Upward Expansion	2026-01-30	2026-05-01	Established	+14.7%
Balance	2025-10-31	2026-01-23	Established	+16.1%
Rotation Down	2025-09-26	2025-10-24	Developing	+7.4%
Deceleration	2025-07-25	2025-09-19	Developing	-7.0%
Upward Expansion	2025-06-13	2025-07-18	Developing	-8.5%
Deceleration	2025-04-25	2025-06-06	Developing	+15.8%
Upward Expansion	2025-02-14	2025-04-18	Developing	+1.6%
Balance	2025-01-03	2025-02-07	Developing	+13.1%
Rotation Up	2024-12-06	2024-12-27	New	-8.3%

Classic Stage Analysis comparison

Stage 1 · Basing41

Stage 2 · Advancing83

Stage 3 · Distribution44

Stage 4 · Declining17

Legacy result: Stage 2 · Stage 2B · Advancing. 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: 33/100
Current Relative Strength: 14.38
Relative Strength direction: Improving
Price momentum: -12.7%
Excess performance vs benchmark: -12.1%
Energy regime cohort: 27th percentile15 in cohort

Test 603727 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.31×

Latest completed volume relative to typical participation.

Up/down volume0.98×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

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 603727 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 17.84falling

Slow Activity CNY 17.35rising

Trend Reference CNY 17.61+3.6% close margin

Current Fair Value CNY 13.80+32.2% close margin

Structural low CNY 13.63shock / 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 +7.8%

Annualized volatility +43.2%

From structural high -15.6%

From structural low +43.9%

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	20	+8.0%-19.1% to +18.1%	+65.0%	+65.0%	+6.3%	+50.0%	Usable descriptive sample
Intermediate	8	-2.5%-35.3% to +27.2%	+37.5%	+37.5%	-0.5%	+12.5%	Usable descriptive sample
Extended	6	+8.4%-47.3% to +31.9%	+66.7%	+66.7%	+12.5%	+0.0%	Usable descriptive sample
Full cycle	3	-13.9%-38.1% to +7.4%	+33.3%	+33.3%	-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.

603727 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