{"ticker": {"uuid": "6536733d-e66a-42f3-895c-7976f7c5a320", "symbol": "601878", "name": "Zheshang Securities Co., Ltd.", "exchange": "SHH", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "601878 closed the latest completed week at 9.30 CNY. The 4-week return is -2.7% and the 12-week return is -7.1%. Trend Signal is inactive, Market Dynamics is -0.53.", "description": "Zheshang Securities Co., Ltd. provides investment and financing products and services in China. It offers brokerage services, including investment consulting and diverse wealth management services and solutions for margin trading and short selling; investment banking services comprising personalized and full-range capital market advisory services; asset management services, such as management of securities assets and publicly placed securities investment funds; proprietary investment activity; commodities futures and financial futures brokerage, futures investment consulting, and risk management; and research and advisory services. The company was founded in 2002 and is headquartered in Hangzhou, China.", "setup_signature": "Risk-first tape", "composite_score": "29", "kpis": [{"label": "Latest Close", "value": "9.30 CNY", "hint": "2026-06-12"}, {"label": "1W Return", "value": "2.2%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-2.7%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-7.1%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "25.0%", "hint": "13 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.1x", "hint": "vs 13-week average"}], "classification": {"exchange": "SHH", "country": "CN", "sector": "Financial Services", "industry": "Capital Markets", "currency": "CNY", "market_cap": "42.9B"}, "price": {"trend_line": "10.25 CNY", "fair_value": "10.72 CNY", "vs_trend": "-9.2%", "vs_fair_value": "-13.2%", "high_52": "12.60 CNY", "low_52": "8.89 CNY", "drawdown": "-26.2%", "range_position": "11.1%"}, "momentum": {"returns": [{"label": "1W", "value": 2.19780219780221, "value_label": "2.2%", "tone": "positive", "width": 6.279434850863456}, {"label": "4W", "value": -2.719665271966525, "value_label": "-2.7%", "tone": "negative", "width": 7.770472205618642}, {"label": "12W", "value": -7.092907092907084, "value_label": "-7.1%", "tone": "negative", "width": 20.265448836877383}, {"label": "26W", "value": -15.203524761528145, "value_label": "-15.2%", "tone": "negative", "width": 43.4386421757947}, {"label": "52W", "value": -11.290344888831058, "value_label": "-11.3%", "tone": "negative", "width": 32.25812825380302}], "trend_streak": 0, "active_weeks": 13, "active_breadth": "25.0%", "peer": {"scope": "CN Financial Services", "count": 117, "rank": 60, "percentile": 49.13793103448276, "avg_weekly_return": 1.9831338973237131}}, "setup": {"scores": [{"label": "Trend", "value": 13.750000000000002, "value_label": "14", "width": 13.750000000000002, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 37.361153490860616, "value_label": "37", "width": 37.361153490860616, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 42.714662271805224, "value_label": "43", "width": 42.714662271805224, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 1.5075205985625406, "value_label": "2", "width": 4, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 46.45517496451058, "value_label": "46", "width": 46.45517496451058, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 31.495219692290235, "value_label": "31", "width": 31.495219692290235, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 1.1374407582938313, "return_label": "1.1%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 9.478672985781927}, {"week": "6 Mar", "return": -3.1865042174320513, "return_label": "-3.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.55420181193376}, {"week": "13 Mar", "return": -0.5808325266214955, "return_label": "-0.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4.840271055179129}, {"week": "20 Mar", "return": -2.531645569620251, "return_label": "-2.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 21.097046413502092}, {"week": "27 Mar", "return": -2.697302697302693, "return_label": "-2.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 22.47752247752244}, {"week": "3 Apr", "return": -4.106776180698155, "return_label": "-4.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 34.22313483915129}, {"week": "10 Apr", "return": 3.211991434689515, "return_label": "3.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.76659528907929}, {"week": "17 Apr", "return": 0.20746887966804536, "return_label": "0.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "24 Apr", "return": -3.1055900621118084, "return_label": "-3.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 25.87991718426507}, {"week": "1 May", "return": 5.235042735042738, "return_label": "5.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 43.62535612535615}, {"week": "8 May", "return": -0.6091370558375686, "return_label": "-0.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 5.076142131979738}, {"week": "15 May", "return": -2.3493360572012123, "return_label": "-2.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 19.577800476676767}, {"week": "22 May", "return": -1.4644351464435206, "return_label": "-1.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 12.203626220362672}, {"week": "29 May", "return": 0.21231422505307404, "return_label": "0.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "5 Jun", "return": -3.601694915254236, "return_label": "-3.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 30.0141242937853}, {"week": "12 Jun", "return": 2.19780219780221, "return_label": "2.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 18.315018315018417}]}, "groups": {"sector": {"scope": "CN 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"four_week_return_tone": "positive", "twelve_week_return": 0.7981698518717276, "twelve_week_return_label": "0.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 55906, "symbol": "600999", "name": "China Merchants Securities Co., Ltd.", "exchange": "SHH", "url": "/terminal/5861aa6b-1ab1-41b8-ba88-5f5e501f0312/report/", "weekly_return": 4.736542613175994, "weekly_return_label": "4.7%", "weekly_return_tone": "positive", "four_week_return": 12.032938568714375, "four_week_return_label": "12.0%", "four_week_return_tone": "positive", "twelve_week_return": 12.818883928571424, "twelve_week_return_label": "12.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 55760, "symbol": "600906", "name": "Caida Securities Co., Ltd.", "exchange": "SHH", "url": "/terminal/741af573-f5da-458b-96cb-c34a810b1bf6/report/", "weekly_return": 1.746724890829696, "weekly_return_label": 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"tone": "neutral"}, {"label": "Price vs Trend", "value": "-9.2%", "tone": "negative"}, {"label": "Volume", "value": "1.1x", "tone": "neutral"}], "opportunities": ["No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["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."], "recent_rows": [{"week": "2026-06-12", "close": "9.30 CNY", "weekly_return": 2.19780219780221, "weekly_return_label": "2.2%", 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