Weekly structural research · SHH · Consumer Defensive

600429 Stage Analysis

Beijing Sanyuan Foods Co., Ltd.

Week ending 2 Oct 2026Close CNY 4.85Tenure NewBenchmark 000001.SS

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 down within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: moderate and contracting.

Direction 4−100 bearish to +100 bullish

Energy 9/100directional strength

Maturity 15/100lifecycle context

Confidence 70/100evidence agreement

Trend gate Downstructural direction

Activity structure Moderatecontracting separation

Price acceptance +16.7%position within the Activity structure

Fair Value context +6.0%CNY 4.57 · 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	4.85	4.92	-0.84	69920271	Balance	4	9
2026-09-25	4.54	4.93	-8.23	34548218	Downward Expansion	-17	12
2026-09-18	4.54	4.96	-8.82	50469158	Downward Expansion	-16	17
2026-09-11	4.58	4.98	-7.64	73162570	Downward Expansion	-17	19
2026-09-04	4.66	5.01	-7.19	75562916	Downward Expansion	-18	22
2026-08-28	4.71	5.04	-6.84	14749000	Downward Expansion	-34	28
2026-08-21	4.46	5.06	-10.75	10194000	Downward Expansion	-38	31
2026-08-14	4.57	5.08	-9.28	18054200	Downward Expansion	-44	35
2026-08-07	4.42	5.11	-12.71	12442001	Downward Expansion	-49	44
2026-07-31	4.56	5.13	-7.65	25160319	Downward Expansion	-54	52
2026-07-24	4.02	5.16	-18.35	12144400	Downward Expansion	-73	80
2026-07-17	4.21	5.22	-13.68	14536901	Downward Expansion	-67	81
2026-07-10	4.13	5.26	-20.47	14020599	Downward Expansion	-70	86
2026-07-03	4.12	5.31	-21.91	11580600	Downward Expansion	-74	89
2026-06-26	4.08	5.35	-22.70	13297200	Downward Expansion	-80	90
2026-06-19	4.25	5.40	-21.05	63399607	Downward Expansion	-80	87
2026-06-12	4.40	5.47	-17.43	12101903	Downward Expansion	-79	83
2026-06-05	4.56	5.49	-14.73	11246910	Downward Expansion	-77	71
2026-05-29	4.90	5.50	-9.64	77203622	Deceleration	-30	34
2026-05-22	5.07	5.50	-7.68	74328622	Deceleration	-14	17
2026-05-15	5.24	5.49	-5.24	103512490	Upward Expansion	18	12
2026-05-08	5.85	5.47	4.52	75648910	Upward Expansion	55	36
2026-05-01	6.09	5.43	10.72	165518874	Upward Expansion	65	45
2026-04-24	6.01	5.39	10.37	98809975	Upward Expansion	64	55
2026-04-17	5.77	5.35	6.86	99305030	Upward Expansion	61	66
2026-04-10	6.10	5.32	14.88	99987710	Upward Expansion	77	77
2026-04-03	5.85	5.28	13.56	169692277	Upward Expansion	66	67
2026-03-27	5.89	5.25	13.72	120174570	Deceleration	67	57
2026-03-20	5.66	5.21	8.40	168565461	Deceleration	47	28
2026-03-13	5.46	5.17	1.15	88671063	Deceleration	33	14
2026-03-06	5.32	5.15	-1.99	122283219	Deceleration	18	9
2026-02-27	5.26	5.12	-3.97	53886263	Deceleration	19	11
2026-02-13	5.21	5.11	-2.96	73714041	Deceleration	29	16
2026-02-06	5.45	5.09	1.95	96840362	Deceleration	46	21
2026-01-30	5.45	5.06	0.78	133209995	Deceleration	35	15
2026-01-23	5.41	5.03	-0.30	186485601	Deceleration	32	18
2026-01-16	5.24	5.00	-2.54	142082669	Deceleration	30	18
2026-01-09	5.24	4.97	-2.99	124427205	Deceleration	34	18
2026-01-02	5.18	4.95	-0.40	100048163	Deceleration	37	22
2025-12-26	5.42	4.93	4.38	299322722	Upward Expansion	51	34
2025-12-19	5.80	4.91	13.81	459935109	Upward Expansion	66	44
2025-12-12	5.41	4.86	6.30	137430539	Upward Expansion	55	41
2025-12-05	5.55	4.83	8.32	157776884	Upward Expansion	62	73
2025-11-28	5.52	4.80	8.24	218925494	Upward Expansion	63	75
2025-11-21	5.36	4.76	6.68	502309997	Upward Expansion	62	72
2025-11-14	6.55	4.73	25.49	367959963	Upward Expansion	93	87
2025-11-07	4.97	4.66	-4.44	56850671	Deceleration	62	44
2025-10-31	4.84	4.64	-6.02	59494787	Deceleration	51	27
2025-10-24	4.84	4.63	-6.03	47599100	Deceleration	39	18
2025-10-17	4.75	4.61	-5.22	51377600	Deceleration	30	18
2025-10-10	4.77	4.60	-6.27	24782703	Deceleration	33	19
2025-10-03	4.67	4.59	-8.01	18080400	Upward Expansion	38	20
2025-09-26	4.68	4.57	-6.69	55289603	Upward Expansion	55	36
2025-09-19	4.77	4.56	-4.89	52625110	Upward Expansion	59	60
2025-09-12	4.97	4.54	-2.35	64019234	Upward Expansion	72	72
2025-09-05	4.91	4.51	-2.13	105317882	Upward Expansion	68	60
2025-08-29	4.88	4.49	-3.91	117745186	Upward Expansion	69	51
2025-08-22	4.76	4.46	-5.52	64320484	Upward Expansion	60	33
2025-08-15	4.60	4.44	-5.53	48231801	Upward Expansion	50	32
2025-08-08	4.68	4.42	-2.39	51595873	Upward Expansion	56	43
2025-08-01	4.61	4.40	-1.94	142697418	Upward Expansion	54	44
2025-07-25	4.71	4.38	-0.79	49279383	Upward Expansion	60	47
2025-07-18	4.62	4.38	-1.06	41187230	Upward Expansion	51	29
2025-07-11	4.62	4.39	-0.37	39312751	Upward Expansion	41	18
2025-07-04	4.54	4.41	-0.98	37947401	Upward Expansion	34	16
2025-06-27	4.53	4.42	0.25	39387842	Upward Expansion	36	18
2025-06-20	4.36	4.42	-1.53	43701609	Upward Expansion	43	26
2025-06-13	4.54	4.41	2.08	53939300	Upward Expansion	54	42
2025-06-06	4.72	4.40	5.97	68645822	Balance	61	46
2025-05-30	4.68	4.39	6.41	97842371	Balance	34	32
2025-05-23	4.47	4.38	1.70	70599882	Balance	21	14
2025-05-16	4.49	4.37	1.50	57343512	Balance	14	11
2025-05-09	4.55	4.36	3.55	64722077	Balance	18	13
2025-05-02	4.35	4.35	0.87	101706626	Balance	8	9
2025-04-25	4.39	4.36	1.17	145497366	Balance	12	17
2025-04-18	4.49	4.35	3.99	129245406	Balance	19	22
2025-04-11	4.49	4.32	5.31	155820620	Balance	27	24
2025-04-04	4.36	4.29	-0.88	34721260	Balance	38	29
2025-03-28	4.31	4.27	-2.40	88314183	Balance	27	22
2025-03-21	4.38	4.25	-1.30	160126125	Balance	27	22
2025-03-14	4.63	4.22	2.59	98526257	Balance	49	26
2025-03-07	4.16	4.20	-6.49	36804582	Balance	4	5
2025-02-28	4.24	4.19	-3.32	51309544	Deceleration	2	5
2025-02-21	4.16	4.18	-6.86	39225413	Deceleration	-10	11
2025-02-14	4.21	4.16	-4.96	45983989	Deceleration	-13	15
2025-02-07	4.15	4.15	-5.20	26802901	Deceleration	-16	24
2025-01-31	4.08	4.14	-5.45	6847250	Deceleration	-18	27
2025-01-24	4.07	4.13	-6.00	40935164	Upward Expansion	-19	28
2025-01-17	4.16	4.11	-3.90	46385190	Upward Expansion	15	23
2025-01-10	3.94	4.10	-7.19	50623367	Upward Expansion	10	15
2025-01-03	4.15	4.10	-3.90	56736580	Upward Expansion	46	35
2024-12-27	4.62	4.09	0.76	85611767	Upward Expansion	60	61
2024-12-20	4.79	4.08	5.24	230327517	Upward Expansion	61	66
2024-12-13	5.48	4.06	19.31	296007417	Upward Expansion	88	77
2024-12-06	4.59	4.02	-0.34	58826088	Upward Expansion	68	44
2024-11-29	4.50	4.02	-0.30	51744849	Upward Expansion	68	44
2024-11-22	4.20	4.01	-5.54	32344977	Upward Expansion	55	38
2024-11-15	4.26	4.01	-6.33	39250078	Rotation Up	59	43
2024-11-08	4.52	4.01	-4.46	57044430	Rotation Up	48	42
2024-11-01	4.28	3.99	-4.84	55463846	Rotation Up	36	37
2024-10-25	4.27	3.99	-6.22	32645579	Rotation Up	36	60
2024-10-18	4.15	3.98	-8.09	32272759	Rotation Up	23	39
2024-10-11	4.21	3.98	-5.84	88322457	Rotation Up	24	38
2024-10-04	4.48	3.98	-3.74	40293387	Rotation Up	42	41
2024-09-27	4.21	3.96	-2.56	45693690	Rotation Up	-7	7
2024-09-20	3.71	3.96	-3.41	14657320	Downward Expansion	-59	60
2024-09-13	3.60	3.97	-5.37	16164497	Downward Expansion	-67	73
2024-09-06	3.63	3.97	-7.11	14782550	Downward Expansion	-66	64
2024-08-30	3.67	3.98	-9.05	19260338	Downward Expansion	-62	40
2024-08-23	3.60	4.00	-11.58	21924570	Downward Expansion	-69	38
2024-08-16	3.84	4.01	-7.01	18564900	Downward Expansion	-38	22
2024-08-09	3.94	4.03	-4.40	25207851	Downward Expansion	-41	25
2024-08-02	3.84	4.05	-8.47	26984237	Downward Expansion	-46	34
2024-07-26	3.78	4.07	-9.76	14212401	Downward Expansion	-60	44
2024-07-19	3.81	4.09	-12.03	15850706	Downward Expansion	-62	55
2024-07-12	3.81	4.11	-11.94	17565683	Downward Expansion	-64	72
2024-07-05	3.73	4.14	-13.34	14413688	Downward Expansion	-69	79
2024-06-28	3.67	4.17	-15.42	16914655	Downward Expansion	-79	82
2024-06-21	3.73	4.21	-15.18	17986285	Downward Expansion	-78	69
2024-06-14	3.87	4.24	-13.26	18651399	Balance	-59	42
2024-06-07	3.95	4.26	-12.22	32288657	Balance	-49	25
2024-05-31	4.16	4.29	-8.88	17933221	Rotation Up	-8	19
2024-05-24	4.28	4.31	-6.26	24188948	Rotation Up	20	43
2024-05-17	4.37	4.32	-6.42	21406809	Balance	25	46
2024-05-10	4.39	4.33	-6.09	25184841	Balance	6	19
2024-05-03	4.37	4.35	-5.08	19381266	Balance	0	8
2024-04-26	4.23	4.37	-7.58	30167753	Balance	-17	11
2024-04-19	4.05	4.39	-11.02	30132359	Downward Expansion	-37	18
2024-04-12	4.13	4.42	-8.05	25442904	Downward Expansion	-32	17
2024-04-05	4.23	4.45	-7.30	15759458	Downward Expansion	-34	19
2024-03-29	4.09	4.48	-9.84	22874601	Downward Expansion	-39	27
2024-03-22	4.11	4.52	-9.84	28342155	Downward Expansion	-42	30
2024-03-15	4.06	4.55	-11.36	27323611	Downward Expansion	-55	40
2024-03-08	3.99	4.60	-12.87	36546518	Downward Expansion	-60	49
2024-03-01	4.06	4.64	-11.12	40637124	Downward Expansion	-64	57
2024-02-23	4.00	4.67	-12.06	38609430	Downward Expansion	-65	67
2024-02-09	3.83	4.70	-11.86	55542096	Downward Expansion	-79	81
2024-02-02	3.78	4.73	-8.84	42279262	Downward Expansion	-89	82
2024-01-26	4.19	4.76	-5.23	43001164	Downward Expansion	-72	69
2024-01-19	4.16	4.77	-3.60	33127871	Downward Expansion	-81	79
2024-01-12	4.40	4.79	0.26	30101733	Downward Expansion	-65	75
2024-01-05	4.35	4.80	-2.66	26232403	Downward Expansion	-73	80
2023-12-29	4.39	4.81	-3.52	33792251	Downward Expansion	-73	76
2023-12-22	4.37	4.82	-2.21	34450790	Downward Expansion	-79	70
2023-12-15	4.54	4.83	0.34	51633237	Downward Expansion	-68	38
2023-12-08	4.70	4.84	2.62	66502752	Downward Expansion	-42	23
2023-12-01	4.72	4.85	1.13	33736144	Rotation Down	-51	29
2023-11-24	4.79	4.85	2.42	46397800	Rotation Down	-27	24
2023-11-17	4.64	4.85	-1.03	30638675	Rotation Down	-32	38
2023-11-10	4.63	4.85	-0.62	31717900	Rotation Down	-26	45
2023-11-03	4.65	4.85	0.22	50429650	Rotation Down	-25	43
2023-10-27	4.79	4.86	3.77	32216040	Rotation Down	-17	31
2023-10-20	4.58	4.86	0.60	24627873	Balance	-32	31
2023-10-13	4.75	4.87	0.80	30670271	Balance	-21	19
2023-09-29	4.89	4.89	3.29	19099094	Balance	18	18
2023-09-22	4.98	4.89	4.60	33511136	Balance	27	19

Price vs TrendBelow-1.4%

Trend directionFalling-4.7%

Price vs current Fair ValuePremium+6.0%

Fair Value directionClosing upward+16.8%

Relative Strength vs benchmarkLagging-0.8%

Relative strength directionImproving+21.1%

Price momentumNegative-17.1%

Volume balanceSupply-led0.58×

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

4 / ±100

+22.5 points since 2026-09-04

Energy

9 /100

-13.3 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.

600429 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance58

Rotation Up29

Upward Expansion31

Deceleration47

Rotation Down17

Downward Expansion41

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 6%Upward Expansion 26%Deceleration 15%Rotation Down 4%Downward Expansion 32%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-10-02	2026-10-02	New	+0.0%
Downward Expansion	2026-06-05	2026-09-25	Established	-0.4%
Deceleration	2026-05-22	2026-05-29	New	-3.4%
Upward Expansion	2026-04-03	2026-05-15	Developing	-10.4%
Deceleration	2026-01-02	2026-03-27	Developing	+13.7%
Upward Expansion	2025-11-14	2025-12-26	Developing	-17.3%
Deceleration	2025-10-10	2025-11-07	Developing	+4.2%
Upward Expansion	2025-06-13	2025-10-03	Established	+2.9%
Balance	2025-03-07	2025-06-06	Established	+13.4%
Deceleration	2025-01-31	2025-02-28	Developing	+3.9%
Upward Expansion	2024-11-22	2025-01-24	Developing	-3.1%
Rotation Up	2024-09-27	2024-11-15	Developing	+1.2%
Downward Expansion	2024-06-21	2024-09-20	Established	-0.6%
Balance	2024-06-07	2024-06-14	New	-2.0%

Classic Stage Analysis comparison

Stage 1 · Basing69

Stage 2 · Advancing15

Stage 3 · Distribution25

Stage 4 · Declining85

Legacy result: Stage 4 · Stage 4C · Repair watch. 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: 73/100
Current Relative Strength: -0.84
Relative Strength direction: Improving
Price momentum: -17.1%
Excess performance vs benchmark: -16.1%
Consumer Defensive regime cohort: 60th percentile25 in cohort

Test 600429 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume2.03×

Latest completed volume relative to typical participation.

Up/down volume0.58×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 4

Recent participation evidence classified by demand and supply.

Activity alignment+50.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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 600429 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity CNY 4.66rising

Slow Activity CNY 4.65falling

Trend Reference CNY 4.92-1.4% close margin

Current Fair Value CNY 4.57+6.0% close margin

Structural low CNY 3.99shock / 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 +5.9%

Annualized volatility +34.5%

From structural high -33.4%

From structural low +21.6%

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 000001.SS	Regime survived	Read
Near term	14	+1.0%-5.5% to +7.6%	+57.1%	+57.1%	+1.9%	+28.6%	Usable descriptive sample
Intermediate	8	+0.6%-10.7% to +28.1%	+50.0%	+50.0%	-0.4%	+12.5%	Usable descriptive sample
Extended	6	+1.1%-17.2% to +18.1%	+66.7%	+66.7%	-0.5%	+33.3%	Usable descriptive sample
Full cycle	4	+0.5%-14.5% to +38.8%	+50.0%	+50.0%	+1.0%	+25.0%	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.

600429 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

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

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 ?

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