Weekly structural research · KSC · Basic Materials

000320 Stage Analysis

NOROO Holdings Co., Ltd.

Week ending 9 Oct 2026Close KRW 15,150.00Tenure EstablishedBenchmark ^KS11

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: wide and expanding.

Direction -75−100 bearish to +100 bullish

Energy 78/100directional strength

Maturity 54/100lifecycle context

Confidence 86/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -83.3%position within the Activity structure

Fair Value context -7.3%KRW 16,345.17 · weakening

Trend Architecture map · 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 · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-09	15,150.00	18,282.67	-37.15	21000	Downward Expansion	-75	78
2026-10-02	15,410.00	18,547.67	-40.90	21283	Downward Expansion	-74	67
2026-09-25	15,830.00	18,787.33	-41.40	17448	Downward Expansion	-69	50
2026-09-18	15,940.00	19,156.33	-40.96	26786	Downward Expansion	-65	38
2026-09-11	16,670.00	19,500.00	-40.25	17306	Downward Expansion	-41	25
2026-09-04	17,090.00	19,779.33	-38.84	4830	Downward Expansion	-39	25
2026-08-28	17,610.00	19,973.00	-40.12	9100	Downward Expansion	-43	32
2026-08-21	16,780.00	20,092.67	-45.82	13445	Downward Expansion	-50	44
2026-08-14	17,020.00	20,250.00	-47.00	11181	Downward Expansion	-60	51
2026-08-07	16,100.00	20,362.67	-45.36	6434	Downward Expansion	-64	58
2026-07-31	15,680.00	20,509.33	-50.54	6251	Downward Expansion	-73	62
2026-07-24	16,560.00	20,673.33	-49.38	6215	Downward Expansion	-65	62
2026-07-17	16,130.00	20,831.33	-52.50	23831	Downward Expansion	-73	81
2026-07-10	16,940.00	21,034.47	-55.33	6091	Downward Expansion	-67	81
2026-07-03	16,300.00	21,208.98	-61.06	2264	Downward Expansion	-75	88
2026-06-26	15,670.00	21,390.23	-64.66	9936	Downward Expansion	-87	94
2026-06-19	17,770.00	21,574.66	-63.52	10701	Downward Expansion	-69	86
2026-06-12	17,630.00	21,690.70	-60.31	5925	Downward Expansion	-74	86
2026-06-05	17,060.00	21,874.63	-62.42	6248	Downward Expansion	-85	85
2026-05-29	18,450.00	22,053.25	-61.57	57645	Downward Expansion	-74	69
2026-05-22	19,560.00	22,185.53	-56.64	69089	Balance	-66	54
2026-05-15	19,880.00	22,303.51	-54.37	144488	Balance	-29	26
2026-05-08	21,900.00	22,414.06	-50.26	112170	Balance	-3	4
2026-05-01	22,100.00	22,489.70	-43.47	46543	Balance	-10	8
2026-04-24	22,700.00	22,582.99	-41.29	74726	Balance	-18	16
2026-04-17	22,400.00	22,670.87	-39.83	136175	Balance	-19	20
2026-04-10	21,700.00	22,914.63	-38.80	47683	Balance	-30	23
2026-04-03	20,400.00	23,293.58	-37.67	68289	Balance	-38	26
2026-03-27	21,900.00	23,738.56	-34.18	106923	Balance	-25	18
2026-03-20	24,150.00	24,104.36	-31.97	101353	Rotation Up	-5	9
2026-03-13	23,100.00	24,223.33	-31.66	131722	Rotation Up	16	24
2026-03-06	22,600.00	24,307.60	-34.54	194012	Rotation Up	18	35
2026-02-27	26,900.00	24,379.36	-30.57	458599	Rotation Up	41	55
2026-02-20	26,250.00	24,179.73	-27.40	114663	Downward Expansion	38	39
2026-02-13	25,050.00	24,060.11	-27.07	411366	Downward Expansion	7	16
2026-02-06	22,900.00	23,996.71	-28.01	472393	Downward Expansion	-37	22
2026-01-30	21,200.00	24,040.64	-35.19	144780	Downward Expansion	-56	40
2026-01-23	21,500.00	24,050.46	-31.39	200891	Downward Expansion	-59	45
2026-01-16	20,400.00	24,098.90	-33.03	220245	Downward Expansion	-65	63
2026-01-09	20,500.00	24,070.55	-29.14	66254	Downward Expansion	-66	62
2026-01-02	20,600.00	24,072.90	-24.36	43851	Downward Expansion	-68	57
2025-12-26	21,300.00	24,076.78	-18.45	58891	Downward Expansion	-63	51
2025-12-19	22,223.97	23,955.53	-12.62	68860	Rotation Down	-28	37
2025-12-12	22,175.34	23,727.62	-15.74	75453	Rotation Down	-31	42
2025-12-05	21,737.67	23,483.49	-15.96	66696	Rotation Down	-33	39
2025-11-28	21,202.74	23,244.88	-14.36	93800	Rotation Down	-31	40
2025-11-21	21,251.37	23,030.26	-12.41	86888	Deceleration	-32	38
2025-11-14	23,147.95	22,803.32	-8.18	284896	Deceleration	-4	25
2025-11-07	22,418.49	22,497.92	-9.52	195921	Deceleration	-8	27
2025-10-31	22,418.49	22,199.66	-12.68	96514	Deceleration	-8	28
2025-10-24	23,099.31	21,895.88	-6.03	103232	Deceleration	-2	25
2025-10-17	23,196.57	21,570.71	-0.47	149059	Deceleration	9	28
2025-10-10	24,169.18	21,256.23	8.12	33407	Deceleration	30	32
2025-10-03	24,898.63	20,905.45	13.91	127892	Upward Expansion	45	33
2025-09-26	25,336.30	20,525.81	22.32	333482	Upward Expansion	63	55
2025-09-19	29,713.01	20,132.23	42.22	304073	Upward Expansion	68	86
2025-09-12	33,068.49	19,596.97	62.61	444900	Upward Expansion	77	91
2025-09-05	33,749.32	18,948.57	78.72	381898	Upward Expansion	86	93
2025-08-29	32,873.97	18,248.94	78.52	373132	Upward Expansion	88	86
2025-08-22	27,719.18	17,573.31	54.29	195596	Upward Expansion	77	57
2025-08-15	25,628.08	17,072.74	42.15	496214	Upward Expansion	72	51
2025-08-08	24,752.74	16,639.94	39.55	275381	Upward Expansion	72	51
2025-08-01	20,910.96	16,237.28	22.65	266980	Upward Expansion	62	50
2025-07-25	22,661.64	15,951.98	30.69	243174	Upward Expansion	65	58
2025-07-18	23,147.95	15,616.11	35.11	352804	Upward Expansion	70	64
2025-07-11	24,217.81	15,244.91	43.40	711099	Upward Expansion	83	69
2025-07-04	21,494.52	14,850.17	33.99	1208428	Upward Expansion	70	66
2025-06-27	22,953.42	14,545.89	44.51	2352756	Upward Expansion	89	82
2025-06-20	19,549.31	14,187.40	25.98	1188609	Upward Expansion	69	80
2025-06-13	20,570.55	13,941.13	39.58	2041770	Upward Expansion	89	92
2025-06-06	20,716.44	13,648.70	46.35	1646306	Upward Expansion	98	96
2025-05-30	17,662.46	13,369.12	31.63	401130	Upward Expansion	97	95
2025-05-23	15,386.58	13,181.08	20.33	106166	Upward Expansion	84	89
2025-05-16	14,851.64	13,085.68	15.32	159225	Upward Expansion	75	85
2025-05-09	14,579.31	13,010.91	15.96	35202	Upward Expansion	69	79
2025-05-02	14,764.11	12,956.09	18.86	56162	Upward Expansion	79	78
2025-04-25	14,443.15	12,879.89	17.58	65066	Upward Expansion	77	51
2025-04-18	13,986.03	12,816.56	17.47	59132	Upward Expansion	68	40
2025-04-11	13,470.55	12,758.22	16.16	93722	Upward Expansion	44	30
2025-04-04	13,305.21	12,711.47	13.98	100993	Upward Expansion	48	35
2025-03-28	13,344.11	12,666.50	10.84	59977	Upward Expansion	61	47
2025-03-21	13,762.33	12,631.73	11.21	71587	Upward Expansion	71	69
2025-03-14	13,645.62	12,584.26	14.14	61935	Upward Expansion	69	76
2025-03-07	13,509.45	12,545.34	13.73	60246	Upward Expansion	66	77
2025-02-28	13,528.90	12,492.01	15.81	59078	Upward Expansion	70	77
2025-02-21	13,655.34	12,452.63	12.04	80556	Upward Expansion	79	76
2025-02-14	13,616.44	12,399.41	14.81	166747	Upward Expansion	81	68
2025-02-07	12,760.55	12,349.04	10.87	41576	Upward Expansion	57	44
2025-01-31	12,604.93	12,326.26	9.82	5490	Upward Expansion	53	46
2025-01-24	12,702.19	12,306.81	10.17	47977	Balance	55	46
2025-01-17	12,643.83	12,280.39	10.71	30845	Balance	55	42
2025-01-10	12,673.01	12,246.91	11.75	52315	Balance	56	34
2025-01-03	12,352.05	12,203.45	12.65	36110	Balance	33	16
2024-12-27	12,585.48	12,177.83	17.04	55642	Balance	42	20
2024-12-20	12,012.09	12,146.91	12.33	50626	Balance	17	8
2024-12-13	12,375.53	12,137.28	11.99	76389	Balance	32	14
2024-12-06	12,366.21	12,123.30	15.34	116587	Balance	16	13
2024-11-29	12,198.47	12,102.49	12.90	64546	Balance	9	13
2024-11-22	12,161.20	12,080.12	10.86	40652	Balance	8	16
2024-11-15	11,797.76	12,038.19	11.56	63811	Balance	6	14
2024-11-08	12,328.94	12,009.30	10.29	61023	Upward Expansion	32	15
2024-11-01	12,021.41	11,944.69	8.61	69049	Upward Expansion	40	24
2024-10-25	12,524.64	11,898.09	11.60	35379	Upward Expansion	55	45
2024-10-18	12,608.51	11,840.94	12.19	47100	Upward Expansion	56	52
2024-10-11	12,934.67	11,786.27	15.37	55964	Upward Expansion	69	56
2024-10-04	12,478.04	11,714.20	12.93	29643	Upward Expansion	56	33
2024-09-27	12,543.27	11,668.23	10.44	195451	Deceleration	60	29
2024-09-20	12,235.75	11,625.36	10.32	29149	Deceleration	40	20
2024-09-13	12,068.01	11,608.90	9.72	97258	Upward Expansion	38	21
2024-09-06	11,956.18	11,610.14	10.24	129043	Upward Expansion	52	31
2024-08-30	12,300.98	11,632.81	8.32	101489	Upward Expansion	55	36
2024-08-23	12,338.26	11,593.99	7.82	84196	Upward Expansion	59	40
2024-08-16	12,478.04	11,512.60	9.52	67781	Upward Expansion	66	42
2024-08-09	11,909.59	11,434.32	9.26	160549	Upward Expansion	55	36
2024-08-02	12,347.58	11,384.93	9.98	135687	Upward Expansion	68	59
2024-07-26	12,058.69	11,323.12	5.66	116429	Upward Expansion	60	59
2024-07-19	12,105.28	11,277.14	3.99	165147	Upward Expansion	64	62
2024-07-12	12,077.33	11,225.05	1.75	112713	Upward Expansion	63	52
2024-07-05	12,021.41	11,181.92	1.30	181092	Upward Expansion	61	36
2024-06-28	11,909.59	11,137.68	2.94	392934	Upward Expansion	60	32
2024-06-21	11,639.34	11,097.17	1.39	69979	Upward Expansion	43	24
2024-06-14	11,369.09	11,068.93	0.23	172835	Upward Expansion	51	30
2024-06-07	11,583.42	11,044.95	3.78	73299	Upward Expansion	57	54
2024-05-31	11,657.98	10,999.84	8.25	76046	Upward Expansion	59	66
2024-05-24	11,723.21	10,946.88	7.24	238216	Upward Expansion	60	67
2024-05-17	11,956.18	10,881.34	8.30	218164	Upward Expansion	67	65
2024-05-10	11,741.85	10,804.76	6.66	219276	Balance	51	39
2024-05-03	11,527.51	10,746.63	7.04	150878	Balance	38	16
2024-04-26	10,903.14	10,695.64	2.36	142089	Balance	9	10
2024-04-19	10,931.10	10,680.64	5.47	188833	Balance	7	11
2024-04-12	10,390.60	10,684.94	-2.79	61969	Balance	-19	18
2024-04-05	10,623.58	10,707.26	-1.63	85549	Balance	14	16
2024-03-29	10,809.95	10,681.05	-0.90	89584	Balance	21	17
2024-03-22	10,968.38	10,664.99	0.70	255577	Upward Expansion	28	18
2024-03-15	10,772.68	10,633.24	2.15	196159	Upward Expansion	32	16
2024-03-08	11,098.84	10,604.44	4.92	261561	Upward Expansion	54	36
2024-03-01	11,257.26	10,560.01	8.17	163080	Upward Expansion	58	68
2024-02-23	11,741.85	10,505.23	12.03	239830	Upward Expansion	58	71
2024-02-16	12,105.28	10,437.58	16.70	1216639	Upward Expansion	69	70
2024-02-09	12,636.46	10,367.34	23.66	3458803	Upward Expansion	76	58
2024-02-02	11,136.12	10,277.90	9.79	333640	Balance	47	20
2024-01-26	9,896.70	10,211.69	3.22	54827	Balance	-21	20
2024-01-19	10,129.67	10,192.75	6.04	63588	Upward Expansion	18	12
2024-01-12	10,427.88	10,164.55	7.03	58473	Upward Expansion	36	17
2024-01-05	10,493.11	10,119.87	5.66	160263	Upward Expansion	41	24
2023-12-29	10,679.49	10,076.58	4.47	120892	Upward Expansion	56	35
2023-12-22	10,542.45	10,027.08	5.37	77514	Upward Expansion	56	43
2023-12-15	10,783.47	9,977.98	9.38	132143	Upward Expansion	61	59
2023-12-08	10,694.20	9,919.96	10.65	127157	Upward Expansion	57	55
2023-12-01	10,694.20	9,864.91	11.45	93943	Upward Expansion	56	52
2023-11-24	10,792.40	9,809.57	13.17	147693	Deceleration	58	44
2023-11-17	10,649.57	9,742.02	13.23	131840	Deceleration	54	26
2023-11-10	10,230.01	9,688.46	11.88	66792	Deceleration	20	13
2023-11-03	10,069.33	9,649.48	12.43	76099	Deceleration	21	17
2023-10-27	9,756.90	9,605.44	12.40	58469	Deceleration	19	19
2023-10-20	9,658.71	9,569.44	8.19	111377	Deceleration	23	17

Price vs TrendBelow-17.1%

Trend directionFalling-10.9%

Price vs current Fair ValueBelow anchor-7.3%

Fair Value directionMoving away-14.3%

Relative Strength vs benchmarkLagging-37.1%

Relative strength directionImproving+18.2%

Price momentumNegative-30.2%

Volume balanceSupply-led0.22×

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

-75 / ±100

-34.0 points since 2026-09-11

Energy

78 /100

+52.7 points since 2026-09-11

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

000320 Directional State ↗ 000320 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance12

Rotation Up12

Upward Expansion17

Deceleration38

Rotation Down76

Downward Expansion93

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 today’s regime

2023-10-20 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 19%Rotation Up 3%Upward Expansion 48%Deceleration 10%Rotation Down 3%Downward Expansion 19%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-05-29	2026-10-09	Established	-17.9%
Balance	2026-03-27	2026-05-22	Developing	-10.7%
Rotation Up	2026-02-27	2026-03-20	New	-10.2%
Downward Expansion	2025-12-26	2026-02-20	Developing	+23.2%
Rotation Down	2025-11-28	2025-12-19	New	+4.8%
Deceleration	2025-10-10	2025-11-21	Developing	-12.1%
Upward Expansion	2025-01-31	2025-10-03	Extended	+97.5%
Balance	2024-11-15	2025-01-24	Developing	+7.7%
Upward Expansion	2024-10-04	2024-11-08	Developing	-1.2%
Deceleration	2024-09-20	2024-09-27	New	+2.5%
Upward Expansion	2024-05-17	2024-09-13	Established	+0.9%
Balance	2024-03-29	2024-05-10	Developing	+8.6%
Upward Expansion	2024-02-09	2024-03-22	Developing	-13.2%
Balance	2024-01-26	2024-02-02	New	+12.5%

Classic Stage Analysis comparison

Stage 1 · Basing55

Stage 2 · Advancing0

Stage 3 · Distribution15

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. 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: 100/100
Current Relative Strength: -37.15
Relative Strength direction: Improving
Price momentum: -30.2%
Excess performance vs benchmark: -43.3%
Basic Materials regime cohort: 91th percentile67 in cohort

Test 000320 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.48×

Latest completed volume relative to typical participation.

Up/down volume0.22×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 6

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

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.

Explore 000320 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity KRW 15,562.00falling

Slow Activity KRW 17,018.11falling

Trend Reference KRW 18,282.67-17.1% close margin

Current Fair Value KRW 16,345.17-7.3% close margin

Structural low KRW 14,930.00shock / repair context

What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +6.2%

Annualized volatility +32.6%

From structural high -47.6%

From structural low +1.5%

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 move	Positive periods	Directional follow-through	Median excess vs ^KS11	Regime survived	Read
Near term	20	+0.6%-15.1% to +22.1%	+55.0%	+35.0%	+0.5%	+75.0%	Usable descriptive sample
Intermediate	6	+7.8%-4.6% to +30.1%	+83.3%	+16.7%	+6.0%	+16.7%	Usable descriptive sample
Extended	4	-2.8%-26.4% to +4.9%	+50.0%	+50.0%	-4.1%	+50.0%	Too little matched history
Full cycle	2	+5.7%-6.9% to +18.3%	+50.0%	+50.0%	+19.6%	+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.

000320 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Volume & Price

Similar Charts

RMI Reversal Map