Weekly structural research ยท KSC ยท Consumer Defensive

006040 Stage Analysis

Dongwon Industries Co., Ltd.

Week ending 25 Sep 2026Close KRW 35,200.00Tenure NewBenchmark ^KS11
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Up ยท Emerging rotation

The Activity Line structure is rotating upward.

Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair.

  • The Trend gate is mixed within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: compressed and contracting.
Direction -10โˆ’100 bearish to +100 bullish
Energy 8/100directional strength
Maturity 32/100lifecycle context
Confidence 53/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Compressedcontracting separation
Price acceptance +33.3%position within the Activity structure
Fair Value context -0.3%KRW 35,295.41 ยท improving
Trend Architecture map ยท Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value
Background stage key
  • BalanceDirection is contained.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-09-2535,200.0036,620.40-32.3278649Rotation Up-109
2026-09-1835,550.0036,855.61-31.22140089Rotation Up1424
2026-09-1138,200.0037,138.26-27.82213048Rotation Up2954
2026-09-0438,100.0037,319.45-27.11183736Rotation Up2951
2026-08-2838,650.0037,416.95-28.60201600Downward Expansion3640
2026-08-2137,150.0037,492.85-33.8547980Downward Expansion120
2026-08-1436,953.1837,612.17-36.0143803Downward Expansion-1420
2026-08-0737,150.0037,726.56-29.6939343Downward Expansion-2217
2026-07-3134,837.3537,819.62-38.6169342Downward Expansion-4025
2026-07-2434,591.3238,020.96-41.0158993Downward Expansion-4532
2026-07-1733,350.0038,256.77-45.28174625Downward Expansion-6149
2026-07-1034,550.0038,619.32-49.3459139Downward Expansion-6355
2026-07-0333,650.0038,892.62-55.3832396Downward Expansion-6679
2026-06-2630,950.0039,172.93-61.4473175Downward Expansion-8591
2026-06-1932,700.0039,635.18-62.9698649Downward Expansion-8087
2026-06-1233,750.0040,058.80-58.4183083Downward Expansion-7780
2026-06-0534,250.0040,440.85-58.8986541Downward Expansion-7873
2026-05-2935,500.0040,855.48-59.86218129Downward Expansion-7149
2026-05-2237,500.0041,262.92-55.24296628Downward Expansion-5833
2026-05-1538,100.0041,565.94-53.41606323Downward Expansion-5732
2026-05-0839,100.0041,681.51-53.13439892Downward Expansion-4225
2026-05-0138,550.0041,806.42-48.47248094Downward Expansion-5533
2026-04-2438,800.0041,980.87-48.03326393Downward Expansion-5435
2026-04-1739,500.0042,143.69-45.55222743Downward Expansion-5437
2026-04-1038,500.0042,383.32-44.83232297Downward Expansion-5949
2026-04-0337,850.0042,657.93-41.63237578Downward Expansion-6666
2026-03-2739,400.0042,873.77-40.59236472Downward Expansion-5564
2026-03-2040,188.0042,993.61-43.55353539Downward Expansion-5359
2026-03-1337,873.2543,055.99-44.53309944Balance-6651
2026-03-0638,168.7543,296.16-45.61398729Balance-6226
2026-02-2742,256.5043,562.13-46.67427882Balance-2318
2026-02-2044,029.5043,568.66-40.83170091Downward Expansion-1815
2026-02-1343,635.5043,597.13-38.60491173Downward Expansion-3017
2026-02-0641,025.2543,700.33-37.95436289Downward Expansion-5437
2026-01-3040,926.7543,932.68-40.10432243Downward Expansion-5751
2026-01-2340,729.7544,148.87-38.02374029Downward Expansion-5858
2026-01-1640,385.0044,271.12-37.07347219Downward Expansion-6159
2026-01-0939,941.7544,534.54-34.76410115Downward Expansion-6654
2026-01-0240,877.5044,704.13-29.39213368Downward Expansion-6251
2025-12-2641,665.5044,836.05-25.37337596Balance-5946
2025-12-1944,226.5044,954.67-19.101085282Balance-4727
2025-12-1242,749.0044,955.50-24.84753341Balance-5232
2025-12-0542,059.5044,947.23-25.15605892Balance-4523
2025-11-2844,817.5044,931.15-17.00345981Balance3215
2025-11-2145,408.5044,790.71-14.49343176Balance3831
2025-11-1445,211.5044,611.12-18.19330904Deceleration3828
2025-11-0746,689.0044,468.90-14.33401461Deceleration4933
2025-10-3147,723.2544,069.95-15.68619182Deceleration5322
2025-10-2446,590.5043,631.66-14.22459421Deceleration2515
2025-10-1741,567.0043,235.99-19.44341030Deceleration-2529
2025-10-1042,847.5043,044.90-13.8250646Deceleration45
2025-10-0343,783.2542,754.54-10.28109023Deceleration2416
2025-09-2643,684.7542,436.14-5.90178348Deceleration2618
2025-09-1946,689.0042,083.30-0.78184565Deceleration4123
2025-09-1246,738.2541,628.751.25356073Deceleration3817
2025-09-0544,325.0041,145.832.25317279Deceleration1411
2025-08-2942,995.2540,718.210.31205308Deceleration1411
2025-08-2242,059.5040,342.78-0.80283124Deceleration2115
2025-08-1545,078.1740,015.824.99160778Deceleration3519
2025-08-0846,147.9839,619.688.70335862Deceleration4223
2025-08-0142,452.2639,175.303.52223331Upward Expansion4027
2025-07-2544,883.6638,901.277.29152233Upward Expansion5743
2025-07-1846,731.5238,539.6112.60188731Upward Expansion6047
2025-07-1147,995.8538,079.2116.82196559Upward Expansion6852
2025-07-0447,412.3137,575.2420.85438508Upward Expansion6851
2025-06-2744,397.3837,016.4214.02274562Upward Expansion6453
2025-06-2048,287.6236,600.9626.09323765Upward Expansion8165
2025-06-1345,029.5435,951.5323.70551824Upward Expansion6961
2025-06-0644,835.0335,390.6927.60135208Upward Expansion7269
2025-05-3045,224.0534,880.6335.25254101Upward Expansion7978
2025-05-2344,251.5034,359.0438.90293688Upward Expansion8180
2025-05-1642,500.8833,834.1432.76236326Upward Expansion7583
2025-05-0941,576.9533,406.1733.28154065Upward Expansion7585
2025-05-0240,604.3932,948.9931.88173442Upward Expansion7480
2025-04-2540,020.8632,478.5131.52308271Upward Expansion7875
2025-04-1840,944.7932,048.9138.84706562Upward Expansion8766
2025-04-1134,720.4031,565.6521.0776622Upward Expansion5744
2025-04-0434,574.5231,284.1619.5365142Upward Expansion6060
2025-03-2834,720.4030,984.6716.1590142Upward Expansion6268
2025-03-2135,834.2830,694.6016.32132919Upward Expansion7873
2025-03-1434,136.8630,365.9814.4685038Upward Expansion6456
2025-03-0734,231.1730,089.6515.1272017Deceleration6643
2025-02-2833,099.5629,831.6112.85140335Deceleration5431
2025-02-2133,052.4129,679.877.67107723Deceleration4222
2025-02-1432,250.8529,515.427.6898418Deceleration3321
2025-02-0731,496.4529,414.838.2191804Deceleration3722
2025-01-3131,732.2029,352.259.2810945Upward Expansion4330
2025-01-2432,250.8529,260.3810.2288672Upward Expansion5844
2025-01-1733,193.8629,208.3714.2256372Upward Expansion6354
2025-01-1032,816.6629,114.9213.4442443Upward Expansion6569
2025-01-0334,231.1729,064.0622.4568914Upward Expansion7684
2024-12-2734,033.9928,898.8924.40158053Upward Expansion7985
2024-12-2032,919.5328,760.3021.12144896Rotation Up7682
2024-12-1332,876.6728,708.8617.17158191Rotation Up5567
2024-12-0630,647.7428,691.7112.79181584Rotation Up3938
2024-11-2931,933.6628,777.4416.52225668Rotation Up4845
2024-11-2228,804.5928,767.443.5644993Rotation Up2030
2024-11-1528,204.4928,851.745.1147180Rotation Up2140
2024-11-0829,533.2828,946.044.0966160Rotation Up3146
2024-11-0129,576.1428,977.475.1271267Balance1431
2024-10-2528,504.5429,046.06-0.1463916Balance-320
2024-10-1829,661.8729,190.363.62230392Downward Expansion-117
2024-10-1127,861.5829,282.44-2.55118940Downward Expansion-3824
2024-10-0426,489.9329,434.53-6.2654485Downward Expansion-4537
2024-09-2727,132.8929,653.17-6.8893681Downward Expansion-5044
2024-09-2026,447.0729,829.55-7.3029879Downward Expansion-6356
2024-09-1326,275.6130,028.78-7.3292632Downward Expansion-6672
2024-09-0625,589.7930,172.61-8.7197374Downward Expansion-7282
2024-08-3026,018.4330,378.20-11.8781981Downward Expansion-7184
2024-08-2325,975.5730,611.17-13.16143476Downward Expansion-7583
2024-08-1625,846.9830,716.38-13.80120136Downward Expansion-8283
2024-08-0926,489.9330,863.38-8.31219258Downward Expansion-8277
2024-08-0228,547.4030,856.97-4.7886377Downward Expansion-6363
2024-07-2628,118.7630,790.32-8.44119091Rotation Down-7267
2024-07-1929,233.2330,778.24-7.48109100Rotation Down-3442
2024-07-1229,619.0030,733.18-8.84186023Deceleration-3031
2024-07-0528,976.0430,615.52-11.40136604Deceleration-3825
2024-06-2830,690.6030,572.09-4.42133046Deceleration-1320
2024-06-2130,390.5630,463.17-5.31344760Deceleration-1421
2024-06-1431,290.7030,335.08-2.14359621Deceleration818
2024-06-0729,276.0930,147.81-7.81118991Upward Expansion-617
2024-05-3129,876.1930,049.92-3.54132384Upward Expansion68
2024-05-2431,376.4329,901.47-1.26170128Upward Expansion4027
2024-05-1732,362.3029,651.60-0.24207090Upward Expansion5132
2024-05-1033,219.5829,364.711.51248874Deceleration6031
2024-05-0331,633.6129,086.75-2.44170942Deceleration3218
2024-04-2631,333.5628,856.10-3.28156194Deceleration3118
2024-04-1931,033.5128,672.96-2.56209083Deceleration3417
2024-04-1230,476.2828,522.04-8.37107072Upward Expansion3721
2024-04-0531,633.6128,431.38-6.93158183Upward Expansion5233
2024-03-2932,833.8028,329.92-5.50269439Upward Expansion5840
2024-03-2232,424.1728,209.30-7.67197383Upward Expansion5742
2024-03-1532,424.1728,132.89-5.68276191Upward Expansion5943
2024-03-0833,049.3128,046.76-5.26348683Upward Expansion6646
2024-03-0132,424.1728,012.03-6.44323605Upward Expansion6452
2024-02-2332,424.1728,032.87-8.21634450Rotation Up6868
2024-02-1630,590.4128,123.18-13.67321511Rotation Up3256
2024-02-0931,757.3428,326.91-10.08961050Rotation Up4062
2024-02-0233,007.6328,421.52-6.99947364Rotation Up5460
2024-01-2629,131.7328,398.28-13.83665524Downward Expansion2221
2024-01-1930,257.0028,587.88-10.915276084Downward Expansion1214
2024-01-1226,297.7528,801.22-24.7675451Downward Expansion-2814
2024-01-0526,547.8029,248.12-26.39102063Downward Expansion-1510
2023-12-2927,756.4229,692.65-26.14100904Downward Expansion-914
2023-12-2227,881.4530,089.43-25.16639009Downward Expansion-1417
2023-12-1526,089.3730,522.37-29.83192885Downward Expansion-3625
2023-12-0827,673.0731,062.84-25.01176818Downward Expansion-3326
2023-12-0127,423.0131,643.14-26.15171645Downward Expansion-4029
2023-11-2426,547.8032,067.47-28.83208105Downward Expansion-4642
2023-11-1725,672.6032,570.26-31.05113478Downward Expansion-5355
2023-11-1026,339.4333,232.18-28.11207760Downward Expansion-6563
2023-11-0325,422.5533,865.90-29.81122786Downward Expansion-6867
2023-10-2723,880.5234,533.17-32.72109487Downward Expansion-7588
2023-10-2023,755.4935,266.77-35.72137343Downward Expansion-8291
2023-10-1324,880.7535,899.98-35.58104021Downward Expansion-7790
2023-10-0624,714.0536,559.92-35.4486274Downward Expansion-8490
Price vs TrendBelow-3.9%
Trend directionFalling-4.3%
Price vs current Fair ValueBelow anchor-0.3%
Fair Value directionClosing upward+11.0%
Relative Strength vs benchmarkLagging-32.3%
Relative strength directionImproving+29.1%
Price momentumNegative-10.7%
Volume balanceDemand-led1.16ร—
Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-10 / ยฑ100

-46.0 points since 2026-08-28

Energy

9 /100

-31.5 points since 2026-08-28

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance46
Rotation Up34
Upward Expansion27
Deceleration54
Rotation Down35
Downward Expansion34

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind todayโ€™s regime

2023-10-06 to 2026-09-25 ยท 156 classified observations out of 156 shown.

Balance 7%Rotation Up 10%Upward Expansion 24%Deceleration 19%Rotation Down 1%Downward Expansion 39%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Up2026-09-042026-09-25New-7.6%
Downward Expansion2026-03-202026-08-28Established-3.8%
Balance2026-02-272026-03-13New-10.4%
Downward Expansion2026-01-022026-02-20Developing+7.7%
Balance2025-11-212025-12-26Developing-8.2%
Deceleration2025-08-082025-11-14Established-2.0%
Upward Expansion2025-03-142025-08-01Established+24.4%
Deceleration2025-02-072025-03-07Developing+8.7%
Upward Expansion2024-12-272025-01-31Developing-6.8%
Rotation Up2024-11-082024-12-20Developing+11.5%
Balance2024-10-252024-11-01New+3.8%
Downward Expansion2024-08-022024-10-18Developing+3.9%
Rotation Down2024-07-192024-07-26New-3.8%
Deceleration2024-06-142024-07-12Developing-5.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing65
Stage 2 ยท Advancing4
Stage 3 ยท Distribution22
Stage 4 ยท Declining96

Legacy result: Stage 4 ยท Stage 4C ยท Repair watch. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^KS11

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation
24/100
Current Relative Strength
-32.32
Relative Strength direction
Improving
Price momentum
-10.7%
Excess performance vs benchmark
-40.9%
Consumer Defensive regime cohort
40th percentile10 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.56ร—

Latest completed volume relative to typical participation.

Up/down volume1.16ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+25.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity KRW 36,510.00falling
Slow Activity KRW 36,096.98falling
Trend Reference KRW 36,620.40-3.9% close margin
Current Fair Value KRW 35,295.41-0.3% close margin
Structural low KRW 30,100.00shock / repair context
What changes the read?

Full positive ordering with expanding width confirms Upward Expansion. Loss of the fast/slow repair and renewed downside acceptance cancels it.

Range context +5.2%
Annualized volatility +25.9%
From structural high -30.6%
From structural low +16.9%
Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon Samples Median movePositive periodsDirectional follow-through Median excess vs ^KS11 Regime survived Read
Near term4+1.0%-7.4% to +11.7%+50.0%+50.0%+3.1%+25.0%Too little matched history
Intermediate3+3.6%-4.2% to +6.6%+66.7%+66.7%-4.2%+0.0%Too little matched history
Extended3+8.8%-13.5% to +40.8%+66.7%+66.7%-7.4%+0.0%Too little matched history
Full cycle2-22.1%-40.3% to -3.9%+0.0%+0.0%-25.7%+0.0%Too little matched history
Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

Evidence context