Weekly structural research · KLS · Industrials

0167 Stage Analysis

MClean Technologies Berhad

Week ending 18 Sep 2026Close MYR 0.74Tenure NewBenchmark ^KLSE

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Re-accelerating

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: moderate and contracting.

Direction 56−100 bearish to +100 bullish

Energy 40/100directional strength

Maturity 37/100lifecycle context

Confidence 79/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderatecontracting separation

Price acceptance +66.7%position within the Activity structure

Fair Value context +95.5%MYR 0.3785 · 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
2026-09-18	0.74	0.6552	21.36	6830400	Upward Expansion	56	40
2026-09-11	0.75	0.6484	22.30	11810900	Upward Expansion	58	44
2026-09-04	0.755	0.6412	22.88	11058700	Upward Expansion	63	48
2026-08-28	0.755	0.6342	23.24	32383400	Deceleration	65	47
2026-08-21	0.74	0.6264	21.68	3817100	Deceleration	48	37
2026-08-14	0.755	0.6194	26.34	2157600	Deceleration	54	37
2026-08-07	0.70	0.6139	18.13	1676000	Upward Expansion	42	29
2026-07-31	0.705	0.6119	21.25	2186300	Upward Expansion	49	42
2026-07-24	0.72	0.6087	27.19	1436900	Upward Expansion	63	59
2026-07-17	0.725	0.6046	27.67	4273400	Upward Expansion	66	75
2026-07-10	0.785	0.5989	43.56	2021700	Upward Expansion	78	87
2026-07-03	0.78	0.5919	46.18	1369100	Upward Expansion	82	86
2026-06-26	0.735	0.5829	41.11	5092200	Upward Expansion	76	80
2026-06-19	0.73	0.5741	38.78	4271000	Upward Expansion	82	80
2026-06-12	0.681	0.5662	33.68	4136700	Upward Expansion	71	70
2026-06-05	0.6561	0.5612	29.79	2992500	Upward Expansion	66	63
2026-05-29	0.6512	0.5577	31.21	16757900	Upward Expansion	65	48
2026-05-22	0.6015	0.5583	20.71	18743200	Balance	52	34
2026-05-15	0.6263	0.5609	25.02	32973500	Balance	38	42
2026-05-08	0.5518	0.5614	10.87	11387700	Balance	11	19
2026-05-01	0.5716	0.5632	17.67	13028300	Balance	14	22
2026-04-24	0.6164	0.5634	28.32	19447600	Balance	27	25
2026-04-17	0.5866	0.5599	25.56	14628300	Balance	-14	9
2026-04-10	0.555	0.557	20.53	9486300	Downward Expansion	-45	30
2026-04-03	0.52	0.5515	13.85	12721800	Downward Expansion	-51	46
2026-03-27	0.505	0.5445	10.46	6455600	Balance	-31	35
2026-03-20	0.52	0.5377	14.11	6837900	Balance	-24	14
2026-03-13	0.525	0.5312	17.60	15985300	Balance	-4	5
2026-03-06	0.545	0.5242	21.73	15007000	Balance	12	7
2026-02-27	0.57	0.5153	28.56	10589800	Balance	18	10
2026-02-20	0.535	0.5058	19.32	4517100	Balance	8	14
2026-02-13	0.535	0.4968	21.32	14172100	Balance	9	15
2026-02-06	0.545	0.4878	25.23	12908200	Upward Expansion	25	18
2026-01-30	0.52	0.4788	20.09	15798200	Upward Expansion	27	16
2026-01-23	0.53	0.4708	25.01	14102200	Upward Expansion	49	33
2026-01-16	0.59	0.4622	41.08	20065800	Upward Expansion	59	57
2026-01-09	0.64	0.4517	57.26	30468800	Upward Expansion	68	60
2026-01-02	0.61	0.4402	53.75	11493400	Upward Expansion	64	47
2025-12-26	0.595	0.4298	51.23	17463500	Deceleration	60	37
2025-12-19	0.555	0.4192	44.07	21513500	Deceleration	39	21
2025-12-12	0.575	0.4105	53.75	22833000	Deceleration	39	25
2025-12-05	0.51	0.4015	40.03	36903000	Deceleration	30	27
2025-11-28	0.47	0.3938	31.61	19008900	Deceleration	35	30
2025-11-21	0.495	0.3875	39.09	14952500	Upward Expansion	45	33
2025-11-14	0.53	0.3795	50.22	25437600	Upward Expansion	62	53
2025-11-07	0.55	0.3705	58.85	27740400	Upward Expansion	67	65
2025-10-31	0.67	0.3608	97.95	45613200	Upward Expansion	75	70
2025-10-24	0.68	0.3475	105.22	28684400	Upward Expansion	85	90
2025-10-17	0.64	0.3342	98.74	72883600	Upward Expansion	85	94
2025-10-10	0.605	0.3227	90.52	48203800	Upward Expansion	89	96
2025-10-03	0.58	0.3123	85.04	66873900	Upward Expansion	93	97
2025-09-26	0.51	0.3032	68.70	56291100	Upward Expansion	93	97
2025-09-19	0.50	0.2968	69.08	70625500	Upward Expansion	96	95
2025-09-12	0.39	0.29	33.57	50859700	Upward Expansion	87	80
2025-09-05	0.31	0.2868	8.43	7210800	Rotation Up	59	61
2025-08-29	0.30	0.2865	5.44	19625700	Rotation Up	26	45
2025-08-22	0.325	0.286	12.80	13184800	Balance	43	48
2025-08-15	0.315	0.285	10.92	12331300	Balance	25	19
2025-08-08	0.28	0.2847	-0.24	4251100	Balance	-43	20
2025-08-01	0.285	0.2853	2.77	9113300	Balance	-42	27
2025-07-25	0.265	0.2872	-4.63	8949600	Balance	-55	42
2025-07-18	0.265	0.2882	-4.70	5087700	Balance	-54	42
2025-07-11	0.275	0.289	-2.37	5036200	Balance	-36	23
2025-07-04	0.28	0.2902	-2.26	4975700	Balance	-32	17
2025-06-27	0.27	0.2902	-4.94	5405800	Balance	-37	16
2025-06-20	0.275	0.2897	-2.17	5866900	Balance	-22	9
2025-06-13	0.295	0.2885	3.92	8854200	Balance	11	12
2025-06-06	0.30	0.2872	5.83	6472400	Balance	15	17
2025-05-30	0.275	0.2857	-2.26	4757000	Balance	-1	11
2025-05-23	0.295	0.285	3.17	3164000	Balance	9	16
2025-05-16	0.305	0.2838	3.94	11718300	Balance	10	9
2025-05-09	0.28	0.2823	-2.84	5724400	Rotation Down	-26	21
2025-05-02	0.28	0.2818	-2.49	15991500	Rotation Down	-31	42
2025-04-25	0.255	0.281	-9.10	7092600	Rotation Down	-41	60
2025-04-18	0.26	0.2818	-6.68	11081300	Rotation Down	-29	52
2025-04-11	0.26	0.2832	-3.79	16196500	Balance	-30	42
2025-04-04	0.27	0.2842	-2.94	5934400	Balance	-21	21
2025-03-28	0.28	0.2845	0.63	8093700	Balance	8	8
2025-03-21	0.295	0.285	7.28	17593300	Balance	43	23
2025-03-14	0.295	0.2857	7.48	13119100	Balance	44	27
2025-03-07	0.305	0.287	9.83	14828400	Balance	45	30
2025-02-28	0.32	0.288	14.56	8512100	Balance	56	31
2025-02-21	0.295	0.2882	5.82	5220300	Balance	2	5
2025-02-14	0.295	0.2907	6.74	5517700	Balance	2	6
2025-02-07	0.30	0.2935	9.66	4597900	Balance	5	6
2025-01-31	0.285	0.2972	7.49	7033800	Rotation Up	-2	4
2025-01-24	0.295	0.3003	11.13	4482000	Rotation Up	17	22
2025-01-17	0.305	0.3032	16.57	7238800	Rotation Up	20	37
2025-01-10	0.30	0.3025	13.38	12708200	Rotation Up	20	37
2025-01-03	0.34	0.3027	27.49	12950800	Balance	41	41
2024-12-27	0.295	0.301	11.86	7572200	Balance	-3	21
2024-12-20	0.29	0.30	13.42	12805000	Downward Expansion	-9	18
2024-12-13	0.31	0.302	20.98	13271400	Downward Expansion	-15	14
2024-12-06	0.28	0.3012	10.07	5924500	Downward Expansion	-45	32
2024-11-29	0.255	0.301	2.17	3930100	Downward Expansion	-60	53
2024-11-22	0.24	0.3013	-3.01	1424600	Downward Expansion	-72	68
2024-11-15	0.255	0.302	3.23	873200	Downward Expansion	-63	58
2024-11-08	0.255	0.3023	1.90	1572500	Downward Expansion	-64	62
2024-11-01	0.255	0.3008	3.56	1182900	Rotation Down	-63	56
2024-10-25	0.26	0.2987	5.57	5238300	Rotation Down	-33	46
2024-10-18	0.26	0.2963	4.68	2092900	Rotation Down	-35	47
2024-10-11	0.265	0.2947	8.44	4141800	Rotation Down	-25	39
2024-10-04	0.255	0.2905	5.56	3694300	Deceleration	-30	40
2024-09-27	0.28	0.2865	14.66	1345000	Deceleration	-2	22
2024-09-20	0.30	0.2818	23.40	4524500	Deceleration	5	15
2024-09-13	0.29	0.2772	22.00	1952800	Deceleration	4	15
2024-09-06	0.28	0.2725	19.21	2814800	Deceleration	3	12
2024-08-30	0.295	0.2683	25.09	5299300	Deceleration	20	15
2024-08-23	0.315	0.2635	38.86	7520400	Deceleration	30	19
2024-08-16	0.335	0.258	51.12	6066500	Deceleration	35	19
2024-08-09	0.335	0.2517	56.56	17678700	Upward Expansion	41	26
2024-08-02	0.325	0.246	53.35	10380200	Upward Expansion	57	42
2024-07-26	0.37	0.2412	77.47	15714400	Upward Expansion	61	63
2024-07-19	0.38	0.2343	83.63	21567600	Upward Expansion	64	72
2024-07-12	0.41	0.227	104.75	62253100	Upward Expansion	75	67
2024-07-05	0.38	0.2187	95.61	56658500	Upward Expansion	73	55
2024-06-28	0.38	0.2115	102.89	130448800	Upward Expansion	78	52
2024-06-21	0.285	0.2043	56.00	16108300	Upward Expansion	56	39
2024-06-14	0.305	0.2008	67.60	16319500	Upward Expansion	64	50
2024-06-07	0.29	0.1965	60.64	10054300	Upward Expansion	62	52
2024-05-31	0.265	0.1923	50.85	16540500	Upward Expansion	65	57
2024-05-24	0.35	0.1878	98.56	28444300	Upward Expansion	90	81
2024-05-17	0.285	0.1807	65.47	15211900	Upward Expansion	75	75
2024-05-10	0.275	0.1755	63.57	19182900	Upward Expansion	76	86
2024-05-03	0.265	0.1707	60.67	14115200	Upward Expansion	78	88
2024-04-26	0.26	0.1665	61.14	19957700	Upward Expansion	84	89
2024-04-19	0.265	0.1623	69.04	33114800	Upward Expansion	89	88
2024-04-12	0.21	0.1577	35.35	2297800	Upward Expansion	73	75
2024-04-05	0.19	0.1547	23.02	12889000	Upward Expansion	61	59
2024-03-29	0.19	0.1525	25.06	8698000	Rotation Up	66	56
2024-03-22	0.21	0.1502	38.24	13365700	Rotation Up	59	34
2024-03-15	0.14	0.147	-7.88	483700	Rotation Down	-22	40
2024-03-08	0.135	0.1462	-10.70	170600	Deceleration	-30	38
2024-03-01	0.14	0.1455	-7.65	423000	Deceleration	-6	14
2024-02-23	0.16	0.1448	4.47	166200	Deceleration	15	10
2024-02-16	0.15	0.1435	-1.33	37000	Deceleration	6	12
2024-02-09	0.155	0.1427	2.92	104000	Deceleration	11	15
2024-02-02	0.15	0.1418	-1.06	76900	Deceleration	22	17
2024-01-26	0.15	0.141	-0.80	231100	Deceleration	30	15
2024-01-19	0.145	0.14	-3.33	728400	Deceleration	32	21
2024-01-12	0.165	0.1395	9.67	424700	Deceleration	54	37
2024-01-05	0.18	0.1388	19.48	1565100	Deceleration	68	43
2023-12-29	0.165	0.1373	12.28	187900	Deceleration	45	31
2023-12-22	0.16	0.1367	8.90	672700	Upward Expansion	54	37
2023-12-15	0.16	0.1358	8.19	340500	Upward Expansion	60	49
2023-12-08	0.165	0.1352	13.03	313100	Upward Expansion	63	74
2023-12-01	0.165	0.1347	11.90	1947700	Upward Expansion	65	80
2023-11-24	0.18	0.1338	22.17	7162200	Upward Expansion	83	87
2023-11-17	0.175	0.1328	18.51	10490600	Rotation Up	86	81
2023-11-10	0.165	0.132	13.07	3213000	Rotation Up	59	58
2023-11-03	0.13	0.1312	-11.29	25000	Rotation Up	14	15
2023-10-27	0.135	0.1317	-7.62	161500	Rotation Up	23	37
2023-10-20	0.13	0.132	-11.16	121000	Balance	18	30
2023-10-13	0.13	0.1325	-11.64	555400	Balance	-2	22
2023-10-06	0.14	0.1332	-3.54	2658900	Balance	11	22
2023-09-29	0.135	0.1337	-7.60	5338900	Downward Expansion	-8	15

Price vs TrendAbove+12.9%

Trend directionRising+9.4%

Price vs current Fair ValuePremium+95.5%

Fair Value directionMoving away-27.9%

Relative Strength vs benchmarkLeading+21.4%

Relative strength directionWeakening-17.4%

Price momentumPositive+42.3%

Volume balanceDemand-led1.34×

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

56 / ±100

+7.7 points since 2026-08-21

Energy

40 /100

+3.4 points since 2026-08-21

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

0167 Directional State ↗ 0167 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance19

Rotation Up48

Upward Expansion79

Deceleration66

Rotation Down25

Downward Expansion5

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

2023-09-29 to 2026-09-18 · 156 classified observations out of 156 shown.

Balance 28%Rotation Up 8%Upward Expansion 35%Deceleration 17%Rotation Down 6%Downward Expansion 6%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-09-04	2026-09-18	New	-2.0%
Deceleration	2026-08-14	2026-08-28	New	+0.0%
Upward Expansion	2026-05-29	2026-08-07	Developing	+7.5%
Balance	2026-04-17	2026-05-22	Developing	+2.5%
Downward Expansion	2026-04-03	2026-04-10	New	+6.7%
Balance	2026-02-13	2026-03-27	Developing	-5.6%
Upward Expansion	2026-01-02	2026-02-06	Developing	-10.7%
Deceleration	2025-11-28	2025-12-26	Developing	+26.6%
Upward Expansion	2025-09-12	2025-11-21	Developing	+26.9%
Rotation Up	2025-08-29	2025-09-05	New	+3.3%
Balance	2025-05-16	2025-08-22	Established	+6.6%
Rotation Down	2025-04-18	2025-05-09	New	+7.7%
Balance	2025-02-07	2025-04-11	Developing	-13.3%
Rotation Up	2025-01-10	2025-01-31	New	-5.0%

Classic Stage Analysis comparison

Stage 1 · Basing0

Stage 2 · Advancing100

Stage 3 · Distribution72

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^KLSE

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

Leading benchmark

Architecture confirmation: 91/100
Current Relative Strength: 21.36
Relative Strength direction: Weakening
Price momentum: +42.3%
Excess performance vs benchmark: +45.5%
Industrials regime cohort: 30th percentile76 in cohort

Test 0167 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.77×

Latest completed volume relative to typical participation.

Up/down volume1.34×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

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 0167 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity MYR 0.7477rising

Slow Activity MYR 0.7008rising

Trend Reference MYR 0.6552+12.9% close margin

Current Fair Value MYR 0.3785+95.5% close margin

Structural low MYR 0.465shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +6.5%

Annualized volatility +35.0%

From structural high -12.9%

From structural low +82.7%

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 ^KLSE	Regime survived	Read
Near term	15	-2.0%-14.9% to +55.1%	+40.0%	+40.0%	-4.0%	+66.7%	Usable descriptive sample
Intermediate	6	+2.4%-32.9% to +100.0%	+50.0%	+50.0%	-1.4%	+16.7%	Usable descriptive sample
Extended	3	+34.6%-31.4% to +94.4%	+66.7%	+66.7%	+28.4%	+33.3%	Too little matched history
Full cycle	2	+62.8%+33.3% to +92.3%	+100.0%	+100.0%	+55.4%	+50.0%	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.

0167 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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

Leading 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 upward.

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 ?

Leading 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