Decline depth
-30.0%
From rolling 252-day high of 26.38 CNY, 67d ago.
Past the 30% Amber threshold.
Amber List
000048.SZShenzhen Kingkey Smart Agriculture Times Co.,Ltd
-30.0%
from rolling 252-day high of 26.38 CNY set 2026-07-13 · 67d ago
Current
18.47 CNY
Decline depth
-30.0%
Decline σ
6.9σ
TFC
0/5 bearish
Where it stands
On the Amber List.
Decline measures 6.9 standard deviations of typical daily moves.
Snapshot . Price structure, not a judgment about the business.
What changed
Since the previous observation.
Watch → Amber List.
Comparing with . This compares classification, not price returns.
See the recorded timeline →Why it is flagged
000048.SZ qualifies for the Amber List on decline sigma.
Decline measures 6.9 standard deviations of typical daily moves. The most severe triggered rule determines the tier.
Inspect the three classification measures
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
6.9σ
Drop over the last 20 bars in units of daily volatility (3.83%/day).
Past the ≥6σ Amber threshold.
Price history
The price path behind the snapshot.
Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.
Price chart unavailable for this symbol. The snapshot and recorded classification history remain available below.
The recorded history
A timeline of observations.
First observed 2026-09-09. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.
- Watch → Amber List
- Red List → Watch
- First observed: Red List
Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.
Technical interpretation and signal details
The structural read
What price action says about 000048.SZ.
000048.SZ qualifies for the Amber List on decline sigma — the recent drop measures 6.9σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Questions about 000048.SZ
What people ask.
Why is 000048.SZ on Broken Stocks?
000048.SZ qualifies for the Amber List on decline sigma. The recent drop measures 6.9σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (3.83%).
Is 000048.SZ a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. 000048.SZ is down -30.0% from its 52-week high of 26.38 CNY, set 67d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — the classification does not predict subsequent returns. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is 000048.SZ a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is 000048.SZ trading inside its 52-week range?
At 18.47 CNY, 000048.SZ sits 43.3% of the way from its 52-week low (12.43 CNY) to its 52-week high (26.38 CNY). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has 000048.SZ been declining?
The current 30.0% decline accrued over 67d, which annualizes to roughly -163.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.