SHH Equity Snapshot

603489 Weekly Equity Report

Bafang Electric (Suzhou) Co.,Ltd.

Latest Close 31.37 CNY 12 Jun 2026
1W Return -6.8% latest completed week
4W Return -19.9% short-term follow-through
12W Return -4.7% quarterly tape
Trend Breadth 84.6% 44 of 52 weeks active
Volume Ratio 0.4x vs 13-week average
Company Brief

What the company does

Bafang Electric (Suzhou) Co.,Ltd. engages in the manufacture of e-mobility components and complete e-drive systems for e-bikes and electric scooters in China. The company offers front, mid, and rear motors; gear hub products; HMI products; downtube, intube, and rack type batteries; and controllers. It also provides various accessories, such as bash guards, sprocket, throttles, chain wheels, cranks, fixation parts, and motor covers. In addition, the company offers Bafang Go app which is connected for a safer and enjoyable cycling journey with remote control, real-time tracking, personalized settings, and navigation. Further, its products are used in …

Snapshot

What the weekly tape is saying

603489 closed the latest completed week at 31.37 CNY. The 4-week return is -19.9% and the 12-week return is -4.7%. Trend Signal is active, Market Dynamics is 0.01. Setup signature: Risk-first tape with a 38/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend -3.8%
Volume 0.4x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 92 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 42 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 43 Relative leadership and short-term RS change.
Volume 18 Participation compared with the 13-week volume baseline.
Risk Control 30 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
32.62 CNY
Vs Trend Line
-3.8%
Fair Value
28.70 CNY
Vs Fair Value
9.3%
52W High
40.37 CNY
52W Low
23.90 CNY
Drawdown
-22.3%
Range Position
45.3%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -6.8%
4W -19.9%
12W -4.7%
26W -0.3%
52W 8.0%

Trend read

Active Streak
30 weeks
52W Active Weeks
44
52W Active Breadth
84.6%
Sector Scope
CN Consumer Cyclical
Sector Rank
538 of 692
Sector Percentile
22.3%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.01
4W MD Change
-98.8%
Relative Strength
0.39
4W RS Change
-98.3%
Expectation
Negative
Probability
38.51%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
10.1M
13W Average
23.7M
52W Average
19.6M
Vs 13W
0.4x
Vs 52W
0.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.3%
52W Volatility
5.1%
Upside Weeks
25
Downside Weeks
27
Downside Breadth
51.9%
Avg Gain / Loss
4.5% / -3.6%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
SHH
Country
CN
Sector
Consumer Cyclical
Industry
Auto Parts
Currency
CNY
Market Cap
7.9B

Opportunity signals

  • Trend Signal is active with a 30-week active streak.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Price is below the Trend Line, which keeps downside pressure in focus.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 31.37 CNY -6.8% 32.62 CNY 28.70 CNY 0.01 0.39 10.1M On
5 Jun 2026 33.66 CNY -4.7% 32.59 CNY 28.75 CNY 0.65 7.61 15.3M On
29 May 2026 35.34 CNY -3.0% 32.40 CNY 28.79 CNY 1.04 11.75 21.9M On
22 May 2026 36.43 CNY -7.0% 32.04 CNY 28.81 CNY 1.24 14.03 20.6M On
15 May 2026 39.17 CNY 1.4% 31.64 CNY 28.83 CNY 1.23 22.09 32.2M On
8 May 2026 38.61 CNY 4.4% 31.19 CNY 28.85 CNY 1.02 19.37 20.5M On
1 May 2026 36.98 CNY 7.6% 30.78 CNY 28.88 CNY 0.70 16.52 31.8M On
24 Apr 2026 34.35 CNY -1.0% 30.43 CNY 28.95 CNY 0.29 9.52 35.7M On
17 Apr 2026 34.70 CNY 6.6% 30.15 CNY 29.05 CNY 0.21 11.73 18.2M On
10 Apr 2026 32.55 CNY 7.3% 29.87 CNY 29.14 CNY 0.25 6.83 12.3M On
3 Apr 2026 30.33 CNY -7.6% 29.68 CNY 29.25 CNY 0.37 2.32 24.0M On
27 Mar 2026 32.82 CNY -0.3% 29.60 CNY 29.39 CNY 0.61 9.64 25.1M On
20 Mar 2026 32.93 CNY -0.6% 29.48 CNY 29.53 CNY 0.34 8.56 40.2M On
13 Mar 2026 33.14 CNY -0.8% 29.36 CNY 29.67 CNY -0.09 5.44 29.3M On