SHH Equity Snapshot

600023 Weekly Equity Report

Zhejiang Zheneng Electric Power Co., Ltd.

Latest Close 6.26 CNY 12 Jun 2026
1W Return 4.5% latest completed week
4W Return 3.1% short-term follow-through
12W Return 15.3% quarterly tape
Trend Breadth 44.2% 23 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China and internationally. The company provides thermal products, as well as invests in nuclear power projects. It also engages in gas power generation, integrated energy and other businesses; coal-fired generation; shipping and port management services; and engineering maintenance, power equipment and engineering, and trading business. The company was formerly known as Zhejiang Electric Power Development. Zhejiang Zheneng Electric Power Co., Ltd. was founded in 1985 and is headquartered in Hangzhou, China. Zhejiang Zheneng Electric Power Co., Ltd. operates as a subsidiary of …

Snapshot

What the weekly tape is saying

600023 closed the latest completed week at 6.26 CNY. The 4-week return is 3.1% and the 12-week return is 15.3%. Trend Signal is active, Market Dynamics is 1.31. Setup signature: Balanced read with a 69/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 15.6%
Volume 0.9x
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 69 Persistence of active Trend Signal over the last year and current streak.
Momentum 71 Blend of 4-week and 12-week follow-through.
Dynamics 75 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 99 Relative leadership and short-term RS change.
Volume 36 Participation compared with the 13-week volume baseline.
Risk Control 62 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
5.41 CNY
Vs Trend Line
15.6%
Fair Value
5.18 CNY
Vs Fair Value
20.7%
52W High
6.77 CNY
52W Low
4.86 CNY
Drawdown
-7.5%
Range Position
73.3%
Momentum

Returns and trend persistence

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

Return windows

1W 4.5%
4W 3.1%
12W 15.3%
26W 21.3%
52W 24.8%

Trend read

Active Streak
15 weeks
52W Active Weeks
23
52W Active Breadth
44.2%
Sector Scope
CN Utilities
Sector Rank
8 of 138
Sector Percentile
94.9%
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
1.31
4W MD Change
14.3%
Relative Strength
14.35
4W RS Change
75.3%
Expectation
Undecided
Probability
45.16%
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
370.5M
13W Average
434.5M
52W Average
348.0M
Vs 13W
0.9x
Vs 52W
1.1x
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
3.3%
Upside Weeks
27
Downside Weeks
20
Downside Breadth
38.5%
Avg Gain / Loss
2.7% / -2.4%
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
Utilities
Industry
Utilities - Independent Power Producers
Currency
CNY
Market Cap
85.7B

Opportunity signals

  • Trend Signal is active with a 15-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.
  • Latest weekly return ranks in the strongest part of its sector group.

Risk signals

  • Recent volatility is running well above the one-year baseline.

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 6.26 CNY 4.5% 5.41 CNY 5.18 CNY 1.31 14.35 370.5M On
5 Jun 2026 5.99 CNY -7.4% 5.38 CNY 5.17 CNY 1.41 9.63 596.1M On
29 May 2026 6.47 CNY 12.5% 5.36 CNY 5.16 CNY 1.38 17.21 619.2M On
22 May 2026 5.75 CNY -5.3% 5.31 CNY 5.15 CNY 1.20 3.17 845.5M On
15 May 2026 6.07 CNY 3.6% 5.29 CNY 5.14 CNY 1.15 8.19 416.1M On
8 May 2026 5.86 CNY 2.8% 5.26 CNY 5.13 CNY 0.92 3.29 219.3M On
1 May 2026 5.70 CNY -1.7% 5.23 CNY 5.12 CNY 0.81 1.98 370.8M On
24 Apr 2026 5.80 CNY 5.3% 5.20 CNY 5.10 CNY 0.76 4.19 354.0M On
17 Apr 2026 5.51 CNY 0.7% 5.18 CNY 5.09 CNY 0.93 -0.58 250.0M On
10 Apr 2026 5.47 CNY 1.1% 5.16 CNY 5.07 CNY 1.03 -0.03 212.1M On
3 Apr 2026 5.41 CNY -5.3% 5.15 CNY 5.06 CNY 1.33 1.21 418.4M On
27 Mar 2026 5.71 CNY 5.2% 5.14 CNY 5.05 CNY 1.53 5.64 640.0M On
20 Mar 2026 5.43 CNY -2.5% 5.12 CNY 5.03 CNY 1.36 -0.80 336.2M On
13 Mar 2026 5.57 CNY 1.6% 5.11 CNY 5.02 CNY 0.84 -1.89 495.8M On