Watch

600037.SSBEIJING GEHUA CATV NETWORK

Communication Services · Broadcasting · mid-cap ($9.7B)
-23.4%
from rolling 252-day high of 9.09 CNY set 2025-09-08 · 375d ago
Current
6.96 CNY
Decline depth
-23.4%
Decline σ
3.7σ
TFC
0/5 bearish

Where it stands

On the Watch.

Down 23.4% from its rolling 252-day high, 375 days after the high.

Snapshot . Price structure, not a judgment about the business.

What changed

Since the previous observation.

Unmatched; coverage or recovery unconfirmed → Watch.

Comparing with . This compares classification, not price returns.

See the recorded timeline →

Why it is flagged

600037.SS qualifies for the Watch on decline depth.

Down 23.4% from its rolling 252-day high, 375 days after the high. The most severe triggered rule determines the tier.

Inspect the three classification measures
Decline depth
-23.4%
From rolling 252-day high of 9.09 CNY, 375d ago. Past the 20% Watch threshold.
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
3.7σ
Drop over the last 10 bars in units of daily volatility (1.2%/day).

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.

  1. Unmatched; coverage or recovery unconfirmed → Watch
  2. Watch → Unmatched; coverage or recovery unconfirmed
  3. Unmatched; coverage or recovery unconfirmed → Watch
  4. Watch → Unmatched; coverage or recovery unconfirmed
  5. First observed: Watch

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 600037.SS.

600037.SS qualifies for the Watch on decline depth — down -23.4% from its rolling 252-day high.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2U (red), weekly 2D (red), monthly 1 (red).

Questions about 600037.SS

What people ask.

Why is 600037.SS on Broken Stocks?

600037.SS qualifies for the Watch on decline depth. It is down -23.4% from its rolling 252-day high of 9.09 CNY, set on 2025-09-08 — 375d ago.

Is 600037.SS a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. 600037.SS is down -23.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is 600037.SS 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 600037.SS trading inside its 52-week range?

At 6.96 CNY, 600037.SS sits 34.1% of the way from its 52-week low (6.10 CNY) to its 52-week high (8.62 CNY). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has 600037.SS been declining?

The current 23.4% decline accrued over 375d, which annualizes to roughly -22.8% 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.

How does 600037.SS compare to its sector?

There are 111 other Communication Services tickers on Broken Stocks: 72 Red, 26 Amber, 13 Watch, with 56 showing recovering structural signals. Median sector decline is -39.8% — 600037.SS's decline is shallower than the sector median.