TFC · 300394.SZ · CNY
When green trend signals meet weak momentum
天孚通信 (300394) market analysis with real CNY quotes, daily and weekly K-lines, EMA200 and SuperTrend conflicts, recovery scenarios, and dividend-adjusted chart explanations. Explore dated 800G/1.6T optical-engine and CPO/NPO evidence before deciding on a pullback.
The recorded quote and analysis refer to their labeled snapshot dates. A newer public quote may load separately; the analysis is not recalculated.
Recorded quote: October 12, 2026 · completed daily and weekly history: through October 9. Quote refreshes do not recalculate these indicators or this verdict.
Research view captured
The October 12 quote is CN¥229.54, with a session move of -2.34% and a 21.41% drawdown from the previous 30 completed sessions’ high. The chart ends October 9: close CN¥235.04, daily RSI 40.0, MACD histogram -4.5427, and SuperTrend up. That close was above EMA200 CN¥225.58, but below EMA20 CN¥257.81 and EMA50 CN¥256.23; weekly SuperTrend was down. My recorded view is mixed across time frames, with a defensive short-term bias. None of these indicators has been recalculated for October 12.
CN¥235.04–237.87 is the October 9 close/high recovery area. Historical daily EMA200 near CN¥225.58 and the October 9 low CN¥223.80 form a monitoring area, not proven fresh support. CN¥216.86 is an older April/May swing reference. Weekly EMA50 CN¥217.07 and EMA20 CN¥252.38 are dated checkpoints, not timed targets. Updated completed candles must establish which levels remain relevant.
Recorded conversation · no orders sent
The captured quote CN¥229.54 is near the reported session low CN¥229, after a reported high of CN¥244.84, with about CNY 6.505 billion turnover. It remains above the October 9 low CN¥223.80 but below that day’s close CN¥235.04. The historical daily EMA200 is CN¥225.58; this is an older average, not a live support level.
On October 9, daily SuperTrend was up while RSI 40.0 and MACD histogram -4.5427 showed weak momentum. Price was below EMA20/50. SuperTrend is a lagging, rule-based trend filter; its green state does not cancel a weakening chart, prove that a bottom is in, or describe the newer October 12 quote.
EMA20
CN¥257.81
EMA50
CN¥256.23
EMA200
CN¥225.58
RSI(14)
39.97
MACD(12,26,9)
-1.9967
MACD histogram
-4.5427
Bollinger(20,2)
CN¥234.06 – CN¥289.38
ATR(14)
CN¥17.14
VWAP · displayed calculation history
CN¥117.77
K / D / J
23.5 / 34.1 / 2.3
SuperTrend(10,3)
Up
Volume / previous 20 bars
0.89×
Last completed candle: · 1000 bars used for indicators
Recorded cash-stock data · example conversation. CNY prices; share volume; forward-adjusted (qfq) history. The quote and chart timestamps refer to different observations.
Volume on October 9 was only 0.89× the preceding 20-session average. That does not provide a strong volume-backed recovery signal. Require new completed bars and a defended reclaim of CN¥235.04–237.87 rather than treating an old green filter as permission to buy.
The completed week ending October 9 had RSI 48.2, MACD histogram −3.88, and downward SuperTrend. Its close CN¥235.04 was below weekly EMA20 CN¥252.38 and above EMA50 CN¥217.07. This is a weaker weekly structure, even while a daily filter remains green.
Recorded cash-stock data · example conversation. CNY prices; share volume; forward-adjusted (qfq) history. The quote and chart timestamps refer to different observations.
First recover CN¥235.04, then CN¥237.87 with updated daily evidence and a retest that holds. The dated daily EMA50/20 near CN¥256.23–257.81 are farther repair references. A brief quote bounce is not proof of a sustainable trend.
First test whether updated price evidence can regain CN¥235.04, rather than assuming the historical green filter will carry it. Near the captured session low, I keep a defensive bias; no hourly path or rebound probability is available.
A reclaim of CN¥237.87 followed by a defended retest is stronger than one bounce. If the lost close/high area remains unrecovered, reassess the wait-and-see thesis. Losing the October 9 low CN¥223.80 weakens the recovery case.
Require a completed weekly improvement before calling a durable turn. Historical weekly EMA20 CN¥252.38 and EMA50 CN¥217.07 frame the older chart, not promised destinations. The weekly view remains mixed until fresh confirmation; do not label an unfinished week as confirmed.
Watch the historical EMA200 near CN¥225.58 and the actual October 9 low CN¥223.80. Losing the latter weakens the rebound thesis. CN¥216.86 comes from older April/May pivots; it is not a promised next-week destination. Gaps can skip a chosen exit price.
Illustration only: entry CN¥236.46 and reference CN¥223.80 imply about CNY 1,266 per 100 shares before costs. A CN¥257.81 target offers about 1.69× that distance. The historical daily ATR CN¥17.14 is larger than the CN¥12.66 stop distance, so the example is not automatically low risk. Refresh levels and size from your own cash-loss budget.
The September 9 implementation notice specifies CNY 0.50 gross cash per share, a September 16 record date and September 17 ex-dividend date. This page uses forward-adjusted (qfq) history for chart continuity. Those adjusted candles are not your broker’s historical execution prices or a total-return calculation. The distribution is already dated in September; it does not explain away the later October move or guarantee gap filling.
The August 19 H1 report records revenue growth of 15.15% and attributable-profit growth of 33.92%. The September 15 issuer update says 800G/1.6T optical engines have reached volume delivery, while CPO/NPO development continues. These dated statements inform the business thesis; they do not prove today’s order growth, valuation, or a price reversal.
TFC is a ChiNext cash stock. Confirm account eligibility, T+1 restrictions on newly purchased shares, lots, auction hours and price limits with your broker. The research reference does not guarantee a stop fill. CoinSeer supports public-data research here; holdings and orders remain with your broker.
Recorded quote: October 12, 2026 · completed daily and weekly history: through October 9. Quote refreshes do not recalculate these indicators or this verdict.
Fresh completed bars reclaim and defend CN¥235.04–237.87, with improving momentum and adequate volume. Recheck the daily EMA50/20 around CN¥256.23–257.81 and weekly EMA20 CN¥252.38. These historical checkpoints describe conditional repair, not guaranteed destinations.
Failure to regain the close/high range keeps short-term pressure intact. Reassess if the historical EMA200 near CN¥225.58 and the October 9 low CN¥223.80 are lost. The older CN¥216.86 pivot is context, not a next-week forecast; exits remain subject to gaps and broker constraints.
Conditional reference scenarios at the recorded research time.
Recent themes worth checking. These sources provide context, not proof of the cause of today’s move. Verify price, volume, and timing together.
Sources reviewed ·
The August 19 H1 report records revenue +15.15% and attributable profit +33.92%. It also discloses customer, demand and margin risks. Growth alone does not establish a fair price or safe entry.
TFC · 2026 H1 report · CNINFOPublished ·
The September 15 CIOE update says optical engines at these speeds have reached volume delivery, with continued CPO/NPO development. Treat this as a dated issuer statement, not independently verified current orders or the proven cause of October trading.
TFC · CIOE 2026 update · issuer websitePublished ·
The September 9 notice sets CNY 0.50 gross per share, a September 16 record date and September 17 ex-dividend date. Separate the distribution and adjustment from later price losses; eligibility is determined by actual records.
TFC · H1 dividend implementation · CNINFOPublished ·
The April 20 issuer update reports groundbreaking for the headquarters project. Planned capacity is not completed output or current utilization. Watch subsequent execution and demand evidence rather than pricing a plan as delivered capacity.
TFC · headquarters project groundbreaking · issuer websitePublished ·
Your question is editable; nothing is sent automatically.
Your research partner
Understand the A-share evidence, test conflicting signals, and learn the indicators with cash-stock data. Stock trading decisions remain with you and your broker.
Read cash-stock quotes and historical charts in one conversation. Follow the data timestamp and use your broker to verify executable prices.
Assess daily and weekly trend, momentum, volatility, and volume together rather than treating one indicator as a buy signal.
Build on the evidence already discussed and ask targeted follow-ups, reducing repetitive explanations. Credit use still depends on the model and request.
Ask what RSI, moving averages, MACD, or a lower wick means on real stock charts, including when signals disagree.
Explore a reclaim, a failed retest, and downside invalidation separately. Include the T+1 constraint before considering a cash-stock entry.
Coinseer provides A-share research, not stock order execution. Review access, position size, fees, and overnight liquidity with your broker.
Name the asset, timeframe, or concern. A clear question is enough to begin.
Look at the charts and compare the signals the agent brings into the conversation.
Ask what would change the view, then choose your next step with the risks visible.
A trend filter can remain green after momentum and price structure deteriorate. Compare indicators from the same completed session, check weekly confirmation and require a defended price recovery. Historical moving averages are references; proximity alone does not establish support.
The announced gross distribution was CNY 0.50 per share with a September 17 ex-dividend date. Forward-adjusted history helps compare candles across the corporate action, but differs from historical trade prices and total return. It is not an explanation for every later decline or a promise to fill a gap.
The October 12 quote is newer than the last supplied completed daily/weekly bars, October 9. Indicators use 1,000 completed daily sessions and 211 completed weeks. No October 12 candle, intraday path or hourly price forecast is synthesized. Quote updates leave the recorded verdict unchanged.
The upward filter belongs to the completed October 9 chart. RSI was about 40, MACD momentum negative and the weekly filter down. It is not an updated October 12 buy signal.
Watch updated candles recovering and defending the October 9 close/high area CN¥235.04–237.87. The historical EMA200 CN¥225.58 and low CN¥223.80 are downside references. All must be rechecked; no floor or target is guaranteed.
No hourly data is supplied here. The page uses actual completed daily and weekly candles, conditional session scenarios and a newer quote; it does not manufacture intraday paths or probabilities.
The cited implementation notice specifies CNY 0.50 gross per share and a September 17 ex-dividend date. A dated dividend cannot guarantee recovery or offset arbitrary capital losses. Eligibility and your actual net receipt depend on your holdings and broker records.
No. The September 15 issuer update discusses volume delivery of 800G/1.6T optical engines and continued CPO/NPO development. Business evidence and chart confirmation are separate; the statements do not guarantee orders or future returns.
Ask which conflicting signals matter for TFC, what would invalidate a pullback thesis, or how the dividend affects your chart. Include the data dates and your risk budget.
Ask coinseerTFC · 300394.SZ · CNY
When green trend signals meet weak momentum
天孚通信 (300394) market analysis with real CNY quotes, daily and weekly K-lines, EMA200 and SuperTrend conflicts, recovery scenarios, and dividend-adjusted chart explanations. Explore dated 800G/1.6T optical-engine and CPO/NPO evidence before deciding on a pullback.
The recorded quote and analysis refer to their labeled snapshot dates. A newer public quote may load separately; the analysis is not recalculated.
Recorded quote: October 12, 2026 · completed daily and weekly history: through October 9. Quote refreshes do not recalculate these indicators or this verdict.
Research view captured
The October 12 quote is CN¥229.54, with a session move of -2.34% and a 21.41% drawdown from the previous 30 completed sessions’ high. The chart ends October 9: close CN¥235.04, daily RSI 40.0, MACD histogram -4.5427, and SuperTrend up. That close was above EMA200 CN¥225.58, but below EMA20 CN¥257.81 and EMA50 CN¥256.23; weekly SuperTrend was down. My recorded view is mixed across time frames, with a defensive short-term bias. None of these indicators has been recalculated for October 12.
CN¥235.04–237.87 is the October 9 close/high recovery area. Historical daily EMA200 near CN¥225.58 and the October 9 low CN¥223.80 form a monitoring area, not proven fresh support. CN¥216.86 is an older April/May swing reference. Weekly EMA50 CN¥217.07 and EMA20 CN¥252.38 are dated checkpoints, not timed targets. Updated completed candles must establish which levels remain relevant.
Recorded conversation · no orders sent
The captured quote CN¥229.54 is near the reported session low CN¥229, after a reported high of CN¥244.84, with about CNY 6.505 billion turnover. It remains above the October 9 low CN¥223.80 but below that day’s close CN¥235.04. The historical daily EMA200 is CN¥225.58; this is an older average, not a live support level.
On October 9, daily SuperTrend was up while RSI 40.0 and MACD histogram -4.5427 showed weak momentum. Price was below EMA20/50. SuperTrend is a lagging, rule-based trend filter; its green state does not cancel a weakening chart, prove that a bottom is in, or describe the newer October 12 quote.
EMA20
CN¥257.81
EMA50
CN¥256.23
EMA200
CN¥225.58
RSI(14)
39.97
MACD(12,26,9)
-1.9967
MACD histogram
-4.5427
Bollinger(20,2)
CN¥234.06 – CN¥289.38
ATR(14)
CN¥17.14
VWAP · displayed calculation history
CN¥117.77
K / D / J
23.5 / 34.1 / 2.3
SuperTrend(10,3)
Up
Volume / previous 20 bars
0.89×
Last completed candle: · 1000 bars used for indicators
Recorded cash-stock data · example conversation. CNY prices; share volume; forward-adjusted (qfq) history. The quote and chart timestamps refer to different observations.
Volume on October 9 was only 0.89× the preceding 20-session average. That does not provide a strong volume-backed recovery signal. Require new completed bars and a defended reclaim of CN¥235.04–237.87 rather than treating an old green filter as permission to buy.
The completed week ending October 9 had RSI 48.2, MACD histogram −3.88, and downward SuperTrend. Its close CN¥235.04 was below weekly EMA20 CN¥252.38 and above EMA50 CN¥217.07. This is a weaker weekly structure, even while a daily filter remains green.
Recorded cash-stock data · example conversation. CNY prices; share volume; forward-adjusted (qfq) history. The quote and chart timestamps refer to different observations.
First recover CN¥235.04, then CN¥237.87 with updated daily evidence and a retest that holds. The dated daily EMA50/20 near CN¥256.23–257.81 are farther repair references. A brief quote bounce is not proof of a sustainable trend.
First test whether updated price evidence can regain CN¥235.04, rather than assuming the historical green filter will carry it. Near the captured session low, I keep a defensive bias; no hourly path or rebound probability is available.
A reclaim of CN¥237.87 followed by a defended retest is stronger than one bounce. If the lost close/high area remains unrecovered, reassess the wait-and-see thesis. Losing the October 9 low CN¥223.80 weakens the recovery case.
Require a completed weekly improvement before calling a durable turn. Historical weekly EMA20 CN¥252.38 and EMA50 CN¥217.07 frame the older chart, not promised destinations. The weekly view remains mixed until fresh confirmation; do not label an unfinished week as confirmed.
Watch the historical EMA200 near CN¥225.58 and the actual October 9 low CN¥223.80. Losing the latter weakens the rebound thesis. CN¥216.86 comes from older April/May pivots; it is not a promised next-week destination. Gaps can skip a chosen exit price.
Illustration only: entry CN¥236.46 and reference CN¥223.80 imply about CNY 1,266 per 100 shares before costs. A CN¥257.81 target offers about 1.69× that distance. The historical daily ATR CN¥17.14 is larger than the CN¥12.66 stop distance, so the example is not automatically low risk. Refresh levels and size from your own cash-loss budget.
The September 9 implementation notice specifies CNY 0.50 gross cash per share, a September 16 record date and September 17 ex-dividend date. This page uses forward-adjusted (qfq) history for chart continuity. Those adjusted candles are not your broker’s historical execution prices or a total-return calculation. The distribution is already dated in September; it does not explain away the later October move or guarantee gap filling.
The August 19 H1 report records revenue growth of 15.15% and attributable-profit growth of 33.92%. The September 15 issuer update says 800G/1.6T optical engines have reached volume delivery, while CPO/NPO development continues. These dated statements inform the business thesis; they do not prove today’s order growth, valuation, or a price reversal.
TFC is a ChiNext cash stock. Confirm account eligibility, T+1 restrictions on newly purchased shares, lots, auction hours and price limits with your broker. The research reference does not guarantee a stop fill. CoinSeer supports public-data research here; holdings and orders remain with your broker.
Recorded quote: October 12, 2026 · completed daily and weekly history: through October 9. Quote refreshes do not recalculate these indicators or this verdict.
Fresh completed bars reclaim and defend CN¥235.04–237.87, with improving momentum and adequate volume. Recheck the daily EMA50/20 around CN¥256.23–257.81 and weekly EMA20 CN¥252.38. These historical checkpoints describe conditional repair, not guaranteed destinations.
Failure to regain the close/high range keeps short-term pressure intact. Reassess if the historical EMA200 near CN¥225.58 and the October 9 low CN¥223.80 are lost. The older CN¥216.86 pivot is context, not a next-week forecast; exits remain subject to gaps and broker constraints.
Conditional reference scenarios at the recorded research time.
Recent themes worth checking. These sources provide context, not proof of the cause of today’s move. Verify price, volume, and timing together.
Sources reviewed ·
The August 19 H1 report records revenue +15.15% and attributable profit +33.92%. It also discloses customer, demand and margin risks. Growth alone does not establish a fair price or safe entry.
TFC · 2026 H1 report · CNINFOPublished ·
The September 15 CIOE update says optical engines at these speeds have reached volume delivery, with continued CPO/NPO development. Treat this as a dated issuer statement, not independently verified current orders or the proven cause of October trading.
TFC · CIOE 2026 update · issuer websitePublished ·
The September 9 notice sets CNY 0.50 gross per share, a September 16 record date and September 17 ex-dividend date. Separate the distribution and adjustment from later price losses; eligibility is determined by actual records.
TFC · H1 dividend implementation · CNINFOPublished ·
The April 20 issuer update reports groundbreaking for the headquarters project. Planned capacity is not completed output or current utilization. Watch subsequent execution and demand evidence rather than pricing a plan as delivered capacity.
TFC · headquarters project groundbreaking · issuer websitePublished ·
Your question is editable; nothing is sent automatically.
Your research partner
Understand the A-share evidence, test conflicting signals, and learn the indicators with cash-stock data. Stock trading decisions remain with you and your broker.
Read cash-stock quotes and historical charts in one conversation. Follow the data timestamp and use your broker to verify executable prices.
Assess daily and weekly trend, momentum, volatility, and volume together rather than treating one indicator as a buy signal.
Build on the evidence already discussed and ask targeted follow-ups, reducing repetitive explanations. Credit use still depends on the model and request.
Ask what RSI, moving averages, MACD, or a lower wick means on real stock charts, including when signals disagree.
Explore a reclaim, a failed retest, and downside invalidation separately. Include the T+1 constraint before considering a cash-stock entry.
Coinseer provides A-share research, not stock order execution. Review access, position size, fees, and overnight liquidity with your broker.
Name the asset, timeframe, or concern. A clear question is enough to begin.
Look at the charts and compare the signals the agent brings into the conversation.
Ask what would change the view, then choose your next step with the risks visible.
A trend filter can remain green after momentum and price structure deteriorate. Compare indicators from the same completed session, check weekly confirmation and require a defended price recovery. Historical moving averages are references; proximity alone does not establish support.
The announced gross distribution was CNY 0.50 per share with a September 17 ex-dividend date. Forward-adjusted history helps compare candles across the corporate action, but differs from historical trade prices and total return. It is not an explanation for every later decline or a promise to fill a gap.
The October 12 quote is newer than the last supplied completed daily/weekly bars, October 9. Indicators use 1,000 completed daily sessions and 211 completed weeks. No October 12 candle, intraday path or hourly price forecast is synthesized. Quote updates leave the recorded verdict unchanged.
The upward filter belongs to the completed October 9 chart. RSI was about 40, MACD momentum negative and the weekly filter down. It is not an updated October 12 buy signal.
Watch updated candles recovering and defending the October 9 close/high area CN¥235.04–237.87. The historical EMA200 CN¥225.58 and low CN¥223.80 are downside references. All must be rechecked; no floor or target is guaranteed.
No hourly data is supplied here. The page uses actual completed daily and weekly candles, conditional session scenarios and a newer quote; it does not manufacture intraday paths or probabilities.
The cited implementation notice specifies CNY 0.50 gross per share and a September 17 ex-dividend date. A dated dividend cannot guarantee recovery or offset arbitrary capital losses. Eligibility and your actual net receipt depend on your holdings and broker records.
No. The September 15 issuer update discusses volume delivery of 800G/1.6T optical engines and continued CPO/NPO development. Business evidence and chart confirmation are separate; the statements do not guarantee orders or future returns.
Ask which conflicting signals matter for TFC, what would invalidate a pullback thesis, or how the dividend affects your chart. Include the data dates and your risk budget.
Ask coinseer