- The trend backdrop is active with a 52-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.
- Volume is elevated versus the 13-week average, confirming attention.
688300
SHH
Week ended 07 Aug 2026
Weekly Investor Report
Novoray Corporation · Basic Materials · Specialty Chemicals
Latest close
151.7 CNY
41.4%
latest week
Weekly setup
Mixed setup
The weekly trend is active. Price is 27.9% above the Trend Line and sits at 44.8% of its 52-week range. The latest completed week returned 41.4%, after a -17.2% four-week move. The latest news-sentiment score is 50/100.
Setup score
57
out of 100
Latest Close
151.7 CNY
7 Aug 2026
1W Return
41.4%
latest completed week
4W Return
-17.2%
short-term follow-through
12W Return
24.4%
quarterly tape
Trend Breadth
100.0%
52 of 52 weeks active
Volume Ratio
1.7x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- 3 reversal markers appear in the recent smart-money tape.
- The share remains more than 20% below its 52-week high.
- Recent volatility is running well above the one-year baseline.
- 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.
Price follow-through
41.4%
Latest completed week; four-week move -17.2%.
Indicator stack
100/37
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
50/100
1 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 27.9% above the Trend Line and sits at 44.8% of its 52-week range. The latest completed week returned 41.4%, after a -17.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.7x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
13 Feb
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
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.8212-week average 0.96
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure10/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.82Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers33 reversal markers
No recent accumulation markers. 3 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -17.2% over four weeks, 24.4% over 12 weeks, and 173.7% over one year. The current trend has remained active for 52 consecutive weeks.
Performance by holding period
Active trend streak52 weeks
Active weeks in one year52
Trend breadth100.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.21Latest activity-pressure read.
Pressure change-119.7%Four-week change in activity pressure.
Leadership64.74Latest relative-leadership reading.
RS change-41.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 1 relevant articles.
0 positive · 1 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-45.4%Distance below the 52-week high.
13-week volatility22.6%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
6 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher15 of 2611 weeks finished lower.
Best week+43.8%Week of 19 Jun.
Worst week-23.0%Week of 17 Jul.
Latest week+41.4%Week of 7 Aug.
Shape of recent returns
Strong gains13
Modest gains2
Flat weeks0
Modest losses2
Sharp losses9
Recent vol22.6%13-week weekly-return volatility.
Base vol13.2%52-week weekly-return volatility.
Up/down split31/21Count of positive and negative weeks in the 52-week window.
Average skew10.4% / -8.6%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorCN Basic Materials
4-week rank90 / 100
Group average5.7%
Trend breadth23.0%
Trend23.0%active weekly trend signals
MD20.0%positive activity pressure
RS59.0%positive relative leadership
Four-week leaders
IndustryCN Specialty Chemicals
4-week rank81 / 100
Group average-4.0%
Trend breadth24.0%
Trend24.0%active weekly trend signals
MD17.0%positive activity pressure
RS47.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape64/100
Trend, activity pressure, participation, and risk combine to a 64/100 tape read.
Indicator analysis79/100Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.
Activity pressure 0.82; 3 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 1 relevant articles.
ETFs Investing in Novoray Corporation Class A Stocks Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 151.7 CNY | 41.4% | 118.6 CNY | 57.00 CNY | -0.21 | 64.74 | 68.2M | On |
| 31 Jul 2026 | 107.3 CNY | -13.1% | 115.6 CNY | 56.26 CNY | -0.02 | 22.12 | 48.5M | On |
| 24 Jul 2026 | 123.5 CNY | -12.4% | 114.2 CNY | 55.83 CNY | 0.25 | 42.88 | 52.1M | On |
| 17 Jul 2026 | 141.0 CNY | -23.0% | 111.9 CNY | 55.26 CNY | 0.67 | 67.90 | 50.9M | On |
| 10 Jul 2026 | 183.2 CNY | -12.4% | 109.2 CNY | 54.59 CNY | 1.09 | 109.74 | 46.4M | On |
| 3 Jul 2026 | 209.0 CNY | -21.3% | 105.0 CNY | 53.64 CNY | 1.29 | 143.49 | 8.7M | On |
| 26 Jun 2026 | 265.6 CNY | -1.8% | 99.91 CNY | 52.53 CNY | 1.47 | 221.79 | 10.2M | On |
| 19 Jun 2026 | 270.5 CNY | 43.8% | 92.82 CNY | 51.04 CNY | 1.60 | 239.62 | 38.6M | On |
| 12 Jun 2026 | 188.1 CNY | 20.0% | 85.68 CNY | 49.53 CNY | 1.62 | 153.08 | 10.9M | On |
| 5 Jun 2026 | 156.7 CNY | -6.2% | 81.44 CNY | 48.53 CNY | 1.74 | 118.94 | 11.3M | On |
| 29 May 2026 | 167.2 CNY | 24.4% | 78.33 CNY | 47.73 CNY | 1.61 | 138.29 | 65.0M | On |
| 22 May 2026 | 134.4 CNY | 10.3% | 74.68 CNY | 46.86 CNY | 1.24 | 96.00 | 49.3M | On |
| 15 May 2026 | 121.9 CNY | 29.7% | 71.99 CNY | 46.22 CNY | 0.99 | 81.08 | 67.0M | On |
| 8 May 2026 | 94.01 CNY | 7.8% | 70.04 CNY | 45.66 CNY | 0.88 | 40.95 | 20.5M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.