Weekly structural research ยท SHZ ยท Technology

300419 Stage Analysis

Beijing Interact Technology Co.,Ltd.

Week ending 2 Oct 2026Close CNY 7.96Tenure NewBenchmark 399001.SZ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Deceleration ยท Recompressing

The upward structure remains, but its energy is decelerating.

Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and contracting.
Direction 26โˆ’100 bearish to +100 bullish
Energy 26/100directional strength
Maturity 60/100lifecycle context
Confidence 95/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderatecontracting separation
Price acceptance +0.0%position within the Activity structure
Fair Value context +27.9%CNY 6.22 ยท improving
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
2026-10-027.967.6318.9521143200Deceleration2626
2026-09-257.447.587.9228495140Upward Expansion2118
2026-09-187.547.576.9252976564Upward Expansion3631
2026-09-119.207.5532.0920190860Upward Expansion6962
2026-09-049.157.4831.4634234100Upward Expansion7084
2026-08-288.987.4025.647727100Upward Expansion6888
2026-08-218.947.3324.327967100Upward Expansion7390
2026-08-149.207.2526.025802400Upward Expansion8993
2026-08-079.427.1729.8214267269Upward Expansion9589
2026-07-317.777.0613.4015074850Balance7066
2026-07-247.517.018.358169060Balance5838
2026-07-177.456.968.1113535161Balance4221
2026-07-107.296.92-3.6210627100Balance3614
2026-07-037.186.89-8.657177660Balance-28
2026-06-266.416.88-19.695799200Balance-2928
2026-06-196.916.88-15.2124916440Balance813
2026-06-126.936.89-9.363247060Balance811
2026-06-057.126.92-9.265646300Balance1211
2026-05-296.756.95-15.5729442172Balance-1415
2026-05-226.846.95-14.8633779691Balance1814
2026-05-157.136.96-11.1659881108Upward Expansion3314
2026-05-086.986.96-13.0947785401Upward Expansion3417
2026-05-017.056.96-9.5387409200Upward Expansion5028
2026-04-247.606.96-1.5563617760Upward Expansion6337
2026-04-177.356.94-4.5032925260Upward Expansion5734
2026-04-107.396.93-0.1326092200Rotation Up5737
2026-04-037.096.932.6428202900Rotation Up2842
2026-03-277.366.923.5438232936Rotation Up2435
2026-03-207.296.891.8952786800Rotation Up2336
2026-03-137.666.864.0588600484Balance4043
2026-03-066.616.82-9.4133144060Balance612
2026-02-276.996.79-6.3721600600Balance2830
2026-02-137.096.74-2.4228933720Balance3328
2026-02-066.856.70-4.3031481820Balance1117
2026-01-306.806.66-6.8971654550Balance614
2026-01-236.886.62-7.2945125720Balance39
2026-01-166.676.59-9.0059978612Rotation Down-1312
2026-01-096.616.55-8.6444438892Rotation Down-1922
2026-01-026.306.52-8.8822282900Rotation Down-2348
2025-12-266.216.49-10.5152167252Rotation Down-2650
2025-12-196.146.45-8.3334435172Deceleration-2945
2025-12-126.116.43-9.7439096510Deceleration-1229
2025-12-056.306.38-6.4053813360Deceleration-518
2025-11-286.846.332.7441310900Deceleration3519
2025-11-216.666.253.5874444560Upward Expansion4033
2025-11-147.066.204.2896032907Upward Expansion5947
2025-11-077.806.1313.6497985770Upward Expansion7458
2025-10-317.986.0416.68102695610Upward Expansion8458
2025-10-246.975.952.9852322166Upward Expansion4942
2025-10-176.895.896.0152976787Upward Expansion6251
2025-10-107.145.843.7926504688Upward Expansion6657
2025-10-037.245.793.4922722406Upward Expansion7364
2025-09-267.075.733.0462729774Upward Expansion6973
2025-09-196.825.660.2092054746Upward Expansion6783
2025-09-127.185.626.4083305380Upward Expansion7991
2025-09-057.235.559.9285985556Upward Expansion8894
2025-08-296.835.472.9499543472Upward Expansion8287
2025-08-226.555.402.9567194728Upward Expansion7983
2025-08-156.395.335.0062833292Upward Expansion7871
2025-08-086.245.267.1462272300Upward Expansion7755
2025-08-015.835.191.4446012120Upward Expansion6240
2025-07-255.575.13-4.7446496360Upward Expansion5537
2025-07-185.725.10-0.1440534400Upward Expansion5953
2025-07-115.785.093.1074271020Upward Expansion6359
2025-07-045.745.094.2958743412Upward Expansion6261
2025-06-275.765.085.9256934860Upward Expansion6663
2025-06-205.455.083.9652623560Upward Expansion5555
2025-06-135.725.077.8389642404Balance6852
2025-06-065.455.072.1955193580Balance2020
2025-05-305.175.09-1.6558127000Balance-148
2025-05-235.325.09-0.0568873580Downward Expansion-2318
2025-05-164.825.15-10.0447103966Downward Expansion-5140
2025-05-094.805.23-10.5858904180Downward Expansion-4939
2025-05-024.335.28-18.2865891140Balance-6139
2025-04-255.095.37-5.3137906700Balance-2817
2025-04-185.145.39-4.0645051700Balance-2314
2025-04-114.895.38-9.2883531100Rotation Up-2813
2025-04-045.455.37-4.4639589700Rotation Up2129
2025-03-285.235.34-10.8454249700Rotation Up1723
2025-03-215.405.32-9.4183380100Rotation Up1723
2025-03-145.495.29-10.6959109052Balance2227
2025-03-075.435.27-10.6477966500Balance017
2025-02-285.075.24-14.8095114376Balance-2324
2025-02-215.455.23-11.71123190566Downward Expansion-1422
2025-02-145.085.21-16.0292390392Downward Expansion-3724
2025-02-074.885.18-17.7469952955Downward Expansion-4533
2025-01-314.775.17-16.4223711300Rotation Down-3356
2025-01-244.545.18-21.8686800937Rotation Down-3663
2025-01-174.305.19-25.4470062260Rotation Down-3765
2025-01-103.975.21-29.1070531660Rotation Down-4063
2025-01-034.055.25-28.9868929980Deceleration-3748
2024-12-274.665.28-24.6688351900Deceleration-2619
2024-12-205.445.31-12.8385378180Deceleration128
2024-12-135.695.31-10.21133049531Deceleration2416
2024-12-065.635.34-12.4899160984Deceleration2319
2024-11-295.635.39-11.7490397381Deceleration2520
2024-11-225.255.46-16.92101564352Deceleration2123
2024-11-155.615.54-14.53143691673Rotation Up1110
2024-11-086.025.52-12.27216819773Rotation Up2929
2024-11-015.195.50-19.74244229027Rotation Up2737
2024-10-257.175.548.48214646060Rotation Up4978
2024-10-187.185.5411.27196475015Rotation Up4673
2024-10-116.485.493.36278859243Rotation Up3762
2024-10-046.865.454.34105704778Rotation Up4756
2024-09-275.725.38-3.88195001984Downward Expansion613
2024-09-204.815.35-4.9839354254Downward Expansion-3925
2024-09-134.565.36-9.2571755981Downward Expansion-5636
2024-09-064.745.32-7.60101995081Downward Expansion-5234
2024-08-304.645.30-12.3260364748Downward Expansion-5442
2024-08-234.475.32-14.0652182559Downward Expansion-6145
2024-08-164.705.35-11.6756922600Downward Expansion-5438
2024-08-094.515.38-15.7765363458Downward Expansion-6250
2024-08-024.825.43-11.73143222131Downward Expansion-5745
2024-07-264.875.46-11.30165890095Downward Expansion-6052
2024-07-194.345.53-23.8051983280Downward Expansion-6855
2024-07-124.615.63-18.8290063030Downward Expansion-5548
2024-07-054.845.72-13.3491573965Downward Expansion-5149
2024-06-284.935.82-13.3296399091Downward Expansion-5051
2024-06-214.975.90-14.77106622078Balance-4944
2024-06-145.055.99-15.3180132843Balance-4634
2024-06-074.876.07-18.45135983075Balance-3828
2024-05-315.686.14-6.06164857226Balance-26
2024-05-245.486.18-9.85218892160Rotation Up1013
2024-05-176.476.233.35316064446Rotation Up1841
2024-05-107.236.2515.46500130715Rotation Up2336
2024-05-037.586.2423.44278754971Rotation Up2930
2024-04-267.666.2327.19217925006Balance3323
2024-04-195.046.20-14.13150184807Balance-2016
2024-04-125.676.29-3.05145309344Balance-520
2024-04-056.346.324.84207646615Balance-1022
2024-03-296.956.3616.91392305242Downward Expansion-116
2024-03-225.936.36-1.48341683151Downward Expansion-3422
2024-03-155.046.38-16.59106835644Downward Expansion-4534
2024-03-084.876.44-17.39154569846Downward Expansion-6153
2024-03-014.926.49-17.19175359586Downward Expansion-6562
2024-02-235.046.53-11.81196183477Downward Expansion-6775
2024-02-093.346.59-39.87133382873Downward Expansion-9597
2024-02-024.136.69-18.9463065493Downward Expansion-9497
2024-01-265.286.76-4.6559977988Downward Expansion-7891
2024-01-195.296.80-4.3043085008Rotation Down-8492
2024-01-125.696.840.9347023179Rotation Down-5374
2024-01-055.886.873.4655862500Rotation Down-4155
2023-12-295.906.89-0.11126613927Rotation Down-3933
2023-12-226.856.8920.3559661420Upward Expansion2213
2023-12-157.416.8729.0257983220Upward Expansion5343
2023-12-087.366.8427.0382151580Upward Expansion5757
2023-12-017.626.8230.3757750832Upward Expansion6159
2023-11-247.396.7825.8971500100Upward Expansion5349
2023-11-177.746.7630.9687545082Upward Expansion6346
2023-11-107.366.7425.5794336176Upward Expansion5424
2023-11-037.206.7425.1864313426Upward Expansion4017
2023-10-276.836.7320.5674672444Upward Expansion3315
2023-10-206.796.7423.14108885444Upward Expansion3618
2023-10-137.046.7322.3495448000Upward Expansion4824
2023-09-297.166.7224.8449497232Upward Expansion5230
2023-09-227.206.7025.6757876492Upward Expansion5330
Price vs TrendAbove+4.3%
Trend directionRising+8.8%
Price vs current Fair ValuePremium+27.9%
Fair Value directionClosing upward+10.0%
Relative Strength vs benchmarkLeading+19.0%
Relative strength directionImproving+27.6%
Price momentumPositive+12.3%
Volume balanceDemand-led1.52ร—
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

26 / ยฑ100

-44.0 points since 2026-09-04

Energy

26 /100

-58.9 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
Balance38
Rotation Up24
Upward Expansion57
Deceleration88
Rotation Down42
Downward Expansion23

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 22%Rotation Up 12%Upward Expansion 31%Deceleration 8%Rotation Down 8%Downward Expansion 19%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Deceleration2026-10-022026-10-02New+0.0%
Upward Expansion2026-08-072026-09-25Developing-21.0%
Balance2026-05-222026-07-31Developing+13.6%
Upward Expansion2026-04-172026-05-15Developing-3.0%
Rotation Up2026-03-202026-04-10New+1.4%
Balance2026-01-232026-03-13Developing+11.3%
Rotation Down2025-12-262026-01-16New+7.4%
Deceleration2025-11-282025-12-19New-10.2%
Upward Expansion2025-06-202025-11-21Established+22.2%
Balance2025-05-302025-06-13New+10.6%
Downward Expansion2025-05-092025-05-23New+10.8%
Balance2025-04-182025-05-02New-15.8%
Rotation Up2025-03-212025-04-11New-9.4%
Balance2025-02-282025-03-14New+8.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing36
Stage 2 ยท Advancing100
Stage 3 ยท Distribution44
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
92/100
Current Relative Strength
18.95
Relative Strength direction
Improving
Price momentum
+12.3%
Excess performance vs benchmark
+15.8%
Technology regime cohort
94th percentile64 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.21ร—

Latest completed volume relative to typical participation.

Up/down volume1.52ร—

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity CNY 7.98falling
Slow Activity CNY 7.89rising
Trend Reference CNY 7.63+4.3% close margin
Current Fair Value CNY 6.22+27.9% close margin
Structural low CNY 6.35shock / repair context
What changes the read?

Renewed positive order and expanding width produce re-acceleration; fast/slow failure with downside acceptance produces Rotation Down.

Range context +9.9%
Annualized volatility +48.5%
From structural high -18.4%
From structural low +35.1%
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 term7+2.3%-21.0% to +7.5%+57.1%+57.1%+1.6%+42.9%Usable descriptive sample
Intermediate4+2.7%-3.4% to +7.0%+75.0%+75.0%+3.6%+0.0%Too little matched history
Extended4+8.6%+1.3% to +22.9%+100.0%+100.0%+10.1%+0.0%Too little matched history
Full cycle2+23.7%+20.5% to +26.9%+100.0%+100.0%+18.3%+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.

Evidence context