SHH Equity Snapshot

688109 Weekly Report

Pinming Technology Co., Ltd.

Latest week 19 Jun 2026
Exchange SHH
Country CN
Sharemaestro Evidence Rating

Neutral

A cross-signal market read combining weekly price structure, proprietary indicators, factors, Patient Capital, options, sentiment, insider activity, earnings risk, research flow, and sector context.

Evidence Score 44 Neutral
Executive Read

Top-level conclusion

The strongest supporting evidence is expectancy model: The Sharemaestro Expectancy Model is positive with a 62.18% probability read.

The main constraint is indicator analysis: Latest 12-week confirmation: trend 1/12, activity pressure 0/12, relative leadership 6/12.

The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important.

Support

Primary driver

Expectancy Model Positive 62.18%

The Sharemaestro Expectancy Model is positive with a 62.18% probability read.

Restraint

Main constraint

Indicator analysis 22/100

Latest 12-week confirmation: trend 1/12, activity pressure 0/12, relative leadership 6/12.

Company Brief

What the company does

Pinming Technology Co., Ltd. engages in research and development, sale, and technical service of Internet of Things software and hardware systems, and related products. It develops calculation software, formwork design software, construction planning software, HiBIM software, and building information software. The company is also involved in the research and development, and sale of network equipment and security monitoring products, as well as provision of information system integration and technical services. Pinming Technology Co., Ltd. was founded in 2011 and is based in Hangzhou, China.

Snapshot

What the weekly tape is saying

688109 closed the latest completed week at 82.79 CNY. The 4-week return is 2.7% and the 12-week return is -34.9%. The trend backdrop is inactive, with activity pressure at -1.35. Setup signature: Risk-first tape with a 30/100 composite read.

Latest close 82.79 CNY
Latest week 5.7%
Four-week move 2.7%
Composite read 30/100
Trend backdrop Inactive
Activity pressure No fresh buy
Price vs Trend -31.3%
Volume 0.7x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, activity pressure, relative leadership, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 43 Persistence of the active trend backdrop over the last year and current streak.
Momentum 25 Blend of 4-week and 12-week follow-through.
Activity Pressure 26 Latest activity pressure and whether pressure has improved over four weeks.
Relative Leadership 0 Relative leadership and short-term leadership change.
Expectancy Model 81 Sharemaestro expectancy direction and probability from the latest completed week.
Volume 28 Participation compared with the 13-week volume baseline.
Smart Money 36 Activity pressure and recent smart-money signal balance.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

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 19 Jun
Weekly return bar Trend backdrop dot Positive activity-pressure 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 zone

Close Trend Fair
27.94 CNY 34.2% 188.4 CNY
Range location 34.2% Shows where the latest close sits between the 52-week low and high.
Trend distance -31.3% Price premium or discount versus the weekly Trend Line.
Fair-value gap 66.2% Premium demand or model discount versus Sharemaestro Fair Value.
High-water gap -56.1% Distance from the latest 52-week high.
Momentum

Returns and trend persistence

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

Return windows

Latest close 82.79 CNY
Trend breadth 78.8% 41 of 52 weeks active
Volume ratio 0.7x vs 13-week average
1W 5.7%
4W 2.7%
12W -34.9%
26W -46.7%
52W 196.3%

Trend read

Active Streak
0 weeks
52W Active Weeks
41
52W Active Breadth
78.8%
Sector Scope
CN Technology
Sector Rank
520 of 1000
Sector Percentile
48.0%
520 of 1000
Peer Context

Sector and industry pulse

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

Activity Pressure

Pressure, relative leadership, and expectancy

Activity pressure and relative leadership show whether buying pressure and group strength are confirming the price move.

Dynamics path

Activity pressure Relative leadership

Pressure map

Activity pressure
Relative leadership
Pressure -1.35 Latest activity-pressure read.
Pressure change -2.0% Four-week change in activity pressure.
Leadership -18.32 Latest relative-leadership reading.
RS change -4.9% Four-week change in relative leadership.
Expectancy Model Positive 62.18% probability read.
Indicator Analysis

Smart money, activity pressure, trend signals, and expectancy

Recent confirmation shows whether the latest setup is supported by activity pressure, trend quality, relative leadership, and the Sharemaestro Expectancy Model.

Activity pressure path

Activity pressure Latest 0.10 12W avg 0.28

Expectancy over time

Positive / negative expectancy Current Positive 62.18%

12-week confirmation

Trend active 1/12 Active trend-backdrop weeks in the latest 12-week window.
Positive pressure 0/12 Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership 6/12 Weeks with positive relative leadership in the latest 12-week window.
Activity pressure 0.10 Current proprietary activity-pressure read.
Buy signals 0 Accumulation signal count in the latest 12 weeks.
Reversal markers 0 No reversal markers

Smart money activity

Support markers
0
Risk markers
0
Pressure positive weeks
0
Score input
50/100

No recent accumulation markers. No reversal markers.

Volume

Participation and confirmation

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

Volume and return confirmation

Participation read

Participation 0.7x Latest volume versus the 13-week average.
Baseline 6.1M 13-week average volume.
One-year base 10.5M 52-week average volume.
Latest 4.1M Most recent completed week.
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

Return shape

Strong gains 8
Modest gains 1
Flat weeks 0
Modest losses 5
Sharp losses 12
Recent vol 8.7% 13-week weekly-return volatility.
Base vol 11.7% 52-week weekly-return volatility.
Up/down split 30/22 Count of positive and negative weeks in the 52-week window.
Average skew 9.7% / -6.7% Average positive week versus average negative week.
Cross-App Evidence

Value, flow, sentiment, events, and research context

These cards convert the rest of Sharemaestro into a compact evidence trail, with direct drilldowns for deeper research.

Options and sentiment

Sentiment
50/100
Articles
0 relevant

Earnings, insiders, and research flow

Earnings
-
Insiders
-
News
0 articles
Market Watch
0 posts
Evidence Matrix

Scorecard by research pillar

Latest Sharemaestro research

  • No recent research articles are stored for this ticker.

Latest Market Watch posts

  • No recent Market Watch posts are stored for this ticker.
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
Technology
Industry
Software - Application
Currency
CNY
Market Cap
6.4B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • The Expectancy Model is positive at 62.18%, strengthening the forward tape read.

Risk signals

  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • Activity pressure is weak, so confirmation is not yet broad enough.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Activity pressure is the 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 Pressure Leadership Volume Signal
19 Jun 2026 82.79 CNY 5.7% 120.6 CNY 49.82 CNY -1.35 -18.32 4.1M Off
12 Jun 2026 78.31 CNY -9.7% 122.1 CNY 49.44 CNY -1.27 -20.53 9.5M Off
5 Jun 2026 86.76 CNY 13.0% 124.2 CNY 49.10 CNY -1.23 -11.08 7.7M Off
29 May 2026 76.75 CNY -4.8% 125.6 CNY 48.70 CNY -1.27 -21.29 6.0M Off
22 May 2026 80.63 CNY -14.7% 127.3 CNY 48.38 CNY -1.33 -17.47 8.4M Off
15 May 2026 94.55 CNY -7.0% 128.8 CNY 48.01 CNY -1.37 -2.84 10.8M Off
8 May 2026 101.6 CNY 6.8% 129.5 CNY 47.56 CNY -1.38 4.55 4.4M Off
1 May 2026 95.20 CNY -1.8% 129.4 CNY 47.06 CNY -1.41 0.87 4.5M Off
24 Apr 2026 96.98 CNY -20.1% 128.6 CNY 46.61 CNY -1.29 4.86 6.2M Off
17 Apr 2026 121.4 CNY 4.8% 127.0 CNY 46.16 CNY -1.26 33.91 5.3M Off
10 Apr 2026 115.9 CNY -4.9% 124.4 CNY 45.54 CNY -1.28 32.45 3.4M Off
3 Apr 2026 121.9 CNY -4.2% 122.0 CNY 44.96 CNY -1.14 45.84 4.7M On
27 Mar 2026 127.2 CNY -2.3% 119.3 CNY 44.32 CNY -1.15 54.20 4.6M On
20 Mar 2026 130.2 CNY -1.2% 116.4 CNY 43.65 CNY -1.04 59.64 4.9M On

Evidence rating

The evidence rating is the top-level Sharemaestro read. It blends market structure, trend evidence, activity pressure, value and quality context, options pressure, news tone, events, and research flow into a single directional summary.

Positive means the evidence stack is supportive. Neutral means the evidence is mixed or still forming. Caution or negative means the balance of evidence is less supportive and risk control matters more.

Weekly tape

The weekly tape is a completed-week view. It focuses on whether price, trend, activity, relative leadership, volume, and risk are confirming each other rather than reacting to a single noisy session.

Evidence scorecard

The scorecard separates the report into research pillars. A high score is supportive, a low score is restrictive, and neutral means that pillar is either balanced or not yet carrying enough evidence.

The purpose is not to force a trade call. It shows which parts of the evidence stack are helping, which parts are restraining, and where to drill down.

Setup cockpit

The cockpit compresses the broad setup into a radar and scoreboard. It is designed to show whether the current move has breadth across trend, activity, leadership, participation, and risk control.

Price context

Price context asks whether the stock is moving with or against its weekly structure. The Trend Line is the directional backdrop, Fair Value is the current valuation reference point, and the range map shows where price sits inside its recent trading range.

Pressure and expectancy

Activity pressure looks for evidence that participation is supporting the move. Relative leadership compares the stock against its market backdrop. The Expectancy Model is a directional probability read that adds context when the setup is clearly positive or negative.

Indicator analysis

This section looks at whether the latest move is supported by the internal Sharemaestro indicator stack. The emphasis is on confirmation, persistence, and risk markers, not a single isolated reading.

Options pressure

Options pressure shows whether the options market is leaning bullish, bearish, mixed, or volatility-focused. It is supporting evidence only: options can confirm a setup, reveal disagreement, or highlight event risk.

Options involve substantial risk and can lose value rapidly. This report is educational market research, not investment or trading advice.