Weekly structural research ยท KSC ยท Basic Materials

025890 Stage Analysis

Hankook Steel Co., Ltd.

Week ending 9 Oct 2026Close KRW 2,630.00Tenure EstablishedBenchmark ^KS11
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Established expansion

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: wide and contracting.
Direction 64โˆ’100 bearish to +100 bullish
Energy 59/100directional strength
Maturity 83/100lifecycle context
Confidence 83/100evidence agreement
Trend gate Upstructural direction
Activity structure Widecontracting separation
Price acceptance +66.7%position within the Activity structure
Fair Value context +24.4%KRW 2,114.93 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
2026-10-092,630.002,232.3312.8764274Upward Expansion6459
2026-10-022,625.002,200.005.82117219Upward Expansion6764
2026-09-252,655.002,165.334.95164122Upward Expansion7569
2026-09-182,625.002,132.435.48181343Upward Expansion7672
2026-09-112,640.002,102.604.7990461Upward Expansion8793
2026-09-042,570.002,071.874.146078Upward Expansion8192
2026-08-282,515.002,046.20-0.5519805Upward Expansion7891
2026-08-212,460.002,023.50-5.4535466Upward Expansion7590
2026-08-142,510.002,001.73-5.4869121Upward Expansion8993
2026-08-072,470.001,980.232.5450302Upward Expansion9192
2026-07-312,290.001,955.90-10.6383222Upward Expansion7582
2026-07-242,240.001,940.80-14.804024Upward Expansion7081
2026-07-172,250.001,929.30-17.09103289Upward Expansion7481
2026-07-102,210.001,911.50-26.6416112Upward Expansion6874
2026-07-032,200.001,895.97-33.5121705Upward Expansion6968
2026-06-262,150.001,879.30-38.485809Deceleration6038
2026-06-192,140.001,863.33-44.0337466Deceleration4925
2026-06-122,070.001,847.03-40.6950554Deceleration3922
2026-06-051,876.001,838.07-47.436464Deceleration2919
2026-05-291,962.001,834.33-48.07124564Upward Expansion4126
2026-05-221,947.001,830.43-45.40224415Upward Expansion5435
2026-05-152,060.001,828.10-40.64408135Upward Expansion6047
2026-05-082,170.001,821.20-38.57266522Upward Expansion7276
2026-05-012,060.001,812.43-34.86222531Upward Expansion6575
2026-04-242,080.001,807.03-34.03297129Rotation Up6677
2026-04-172,190.001,801.80-28.491585409Rotation Up5567
2026-04-102,005.001,794.10-31.86292972Downward Expansion4034
2026-04-031,984.001,796.77-27.661822546Downward Expansion-29
2026-03-271,780.001,790.83-36.67645219Downward Expansion-4634
2026-03-201,606.001,792.17-46.94152408Downward Expansion-6156
2026-03-131,660.001,799.23-43.01345065Downward Expansion-5555
2026-03-061,585.001,806.73-47.25167072Balance-6659
2026-02-271,668.001,816.43-51.05202829Balance-5744
2026-02-201,730.001,820.87-46.24101009Balance-3725
2026-02-131,718.001,826.27-44.42301576Balance-3917
2026-02-061,800.001,832.20-37.79146662Balance-129
2026-01-301,834.001,837.20-38.99481498Balance-107
2026-01-231,807.001,837.57-37.80452763Balance-2213
2026-01-161,865.001,839.67-34.572165740Balance-1415
2026-01-091,740.001,839.30-36.34293846Downward Expansion-3219
2026-01-021,837.001,844.43-29.33378887Downward Expansion-2518
2025-12-261,895.001,846.10-24.764951759Downward Expansion-2313
2025-12-191,716.001,844.00-30.71161820Downward Expansion-6059
2025-12-121,744.001,847.70-32.9085053Downward Expansion-6369
2025-12-051,700.001,849.97-34.3056426Downward Expansion-6366
2025-11-281,671.001,854.30-33.3378899Downward Expansion-7170
2025-11-211,651.001,859.17-33.78166469Balance-7766
2025-11-141,801.001,865.53-31.2894917Balance-2733
2025-11-071,764.001,867.63-32.31104339Balance-2523
2025-10-311,845.001,869.47-32.50114219Balance-28
2025-10-241,877.001,867.17-29.12298865Balance2413
2025-10-171,853.001,862.30-27.02114298Balance2411
2025-10-101,907.001,858.33-22.6121716Balance4423
2025-10-031,898.001,852.87-22.17131960Balance4636
2025-09-261,923.001,848.23-17.89471953Balance4440
2025-09-191,959.001,842.77-18.20315338Balance4941
2025-09-122,085.001,837.67-12.134356368Balance6533
2025-09-051,806.001,827.37-19.7076783Balance-1312
2025-08-291,820.001,826.77-19.0578454Balance108
2025-08-221,818.001,825.30-19.0796330Upward Expansion2013
2025-08-151,885.001,824.77-17.9340640Upward Expansion3616
2025-08-081,876.001,825.43-18.3236295Upward Expansion3314
2025-08-011,801.001,825.93-19.76114497Upward Expansion2516
2025-07-251,892.001,829.17-18.18456500Upward Expansion5032
2025-07-181,896.001,828.33-18.30115428Upward Expansion5237
2025-07-111,950.001,831.43-16.31478114Rotation Up6739
2025-07-041,845.001,833.43-17.8454335Rotation Up2320
2025-06-271,870.001,835.70-16.9541478Rotation Up2738
2025-06-201,854.001,845.20-17.0240163Rotation Up2634
2025-06-131,894.001,846.47-11.82100369Balance2734
2025-06-061,887.001,843.63-9.8565022Balance2618
2025-05-301,832.001,847.07-9.0940418Balance-77
2025-05-231,827.001,852.10-5.9677572Balance-97
2025-05-161,812.001,856.93-8.21139827Balance-1111
2025-05-091,830.001,862.57-5.8827323Balance-817
2025-05-021,817.001,867.97-6.4148649Downward Expansion-1019
2025-04-251,842.001,873.43-5.00142579Downward Expansion-1922
2025-04-181,864.001,878.37-1.86185855Downward Expansion-2218
2025-04-111,819.001,881.93-2.66115936Downward Expansion-4734
2025-04-041,776.001,886.97-6.6471799Downward Expansion-6262
2025-03-281,731.001,893.10-12.7449868Downward Expansion-6876
2025-03-211,734.001,901.17-15.9342667Downward Expansion-7077
2025-03-141,743.001,909.83-13.6029171Downward Expansion-6767
2025-03-071,759.001,920.07-13.2736949Downward Expansion-6359
2025-02-281,759.001,930.27-12.7258692Downward Expansion-6356
2025-02-211,806.001,941.30-15.1489479Downward Expansion-5545
2025-02-141,776.001,956.10-15.2295978Downward Expansion-5953
2025-02-071,788.001,980.07-13.1054397Downward Expansion-5948
2025-01-311,776.001,986.90-14.2825867Downward Expansion-6247
2025-01-241,802.001,992.87-14.42135130Downward Expansion-6045
2025-01-171,905.002,002.30-9.8764107Downward Expansion-4738
2025-01-101,891.002,008.47-10.94144076Downward Expansion-5035
2025-01-031,898.002,017.10-8.7498336Downward Expansion-4724
2024-12-271,867.002,027.00-9.71163335Downward Expansion-5526
2024-12-201,989.002,035.93-4.56815246Downward Expansion-2616
2024-12-132,010.002,041.97-7.75396171Downward Expansion-2714
2024-12-061,913.002,051.47-10.43567892Downward Expansion-4727
2024-11-292,155.002,071.20-1.177521057Downward Expansion-1213
2024-11-221,892.002,077.03-15.4982643Downward Expansion-7181
2024-11-151,809.002,093.13-17.2394536Downward Expansion-9290
2024-11-081,990.002,112.83-14.8779196Downward Expansion-4863
2024-11-011,983.002,129.17-14.9866377Downward Expansion-4757
2024-10-251,972.002,146.90-17.3446174Downward Expansion-4749
2024-10-181,981.002,166.17-17.7651940Downward Expansion-4330
2024-10-111,992.002,187.30-17.8644939Downward Expansion-4026
2024-10-041,981.002,204.90-17.9522869Downward Expansion-5233
2024-09-271,990.002,221.37-20.6838912Downward Expansion-5536
2024-09-201,971.002,243.53-20.3419559Downward Expansion-5741
2024-09-131,970.002,269.67-20.3878603Downward Expansion-6155
2024-09-061,960.002,298.33-20.2973121Downward Expansion-6459
2024-08-301,973.002,327.67-24.0960961Downward Expansion-6356
2024-08-231,994.002,354.90-24.53143359Downward Expansion-6246
2024-08-162,050.002,379.77-22.7892205Downward Expansion-5834
2024-08-092,065.002,401.10-19.47286948Downward Expansion-4323
2024-08-022,090.002,429.10-21.59533466Downward Expansion-4322
2024-07-262,250.002,462.77-17.811262349Downward Expansion-3923
2024-07-192,495.002,488.93-11.389419175Downward Expansion-2829
2024-07-121,993.002,506.93-31.0575485Downward Expansion-7577
2024-07-051,955.002,536.83-33.09145092Downward Expansion-8781
2024-06-282,085.002,573.83-27.6975414Downward Expansion-7574
2024-06-212,090.002,609.00-27.9298019Downward Expansion-7886
2024-06-142,150.002,642.17-25.9685034Downward Expansion-7286
2024-06-072,195.002,667.83-24.19222711Downward Expansion-7083
2024-05-312,135.002,676.83-24.65120523Downward Expansion-8470
2024-05-242,170.002,692.33-25.48187188Downward Expansion-8668
2024-05-172,295.002,699.00-22.90160975Downward Expansion-7963
2024-05-102,505.002,704.50-16.63172510Downward Expansion-6671
2024-05-032,330.002,708.17-21.45158002Downward Expansion-8291
2024-04-262,375.002,722.83-20.06146888Downward Expansion-8089
2024-04-192,400.002,736.17-17.76136563Downward Expansion-8387
2024-04-122,480.002,748.50-18.4592844Downward Expansion-7368
2024-04-052,515.002,758.00-18.95225508Downward Expansion-7072
2024-03-292,550.002,763.50-19.33104271Rotation Down-6777
2024-03-222,615.002,768.83-17.9487983Rotation Down-3767
2024-03-152,520.002,771.17-18.93110070Rotation Down-4068
2024-03-082,475.002,778.17-21.25144506Rotation Down-4761
2024-03-012,655.002,788.67-14.8790235Balance-3236
2024-02-232,755.002,795.17-13.0068895Balance-216
2024-02-162,830.002,797.83-10.6471906Balance617
2024-02-092,840.002,802.17-10.0999444Balance-1121
2024-02-022,790.002,810.33-11.97110699Balance017
2024-01-262,740.002,817.50-9.1873304Balance1717
2024-01-192,690.002,838.00-11.0898203Balance-67
2024-01-122,905.002,862.67-6.83117874Rotation Up1820
2024-01-053,100.002,882.67-3.40177451Rotation Up3730
2023-12-293,035.002,902.00-8.7865722Rotation Up3331
2023-12-223,035.002,910.83-6.8388941Rotation Up2649
2023-12-152,890.002,918.33-9.98112828Rotation Up2245
2023-12-083,065.002,933.33-2.92140923Rotation Up2740
2023-12-013,140.002,935.50-0.12154072Downward Expansion3235
2023-11-243,085.002,947.50-1.36241441Downward Expansion-313
2023-11-172,920.002,951.67-5.27810420Downward Expansion-3024
2023-11-102,465.002,968.33-17.84108129Downward Expansion-6568
2023-11-032,600.003,006.83-11.77178973Downward Expansion-6066
2023-10-272,370.003,030.17-17.16194274Downward Expansion-7777
2023-10-202,460.003,064.17-16.70130694Downward Expansion-7356
Price vs TrendAbove+17.8%
Trend directionRising+14.1%
Price vs current Fair ValuePremium+24.4%
Fair Value directionClosing upward+20.9%
Relative Strength vs benchmarkLeading+12.9%
Relative strength directionImproving+39.5%
Price momentumPositive+31.2%
Volume balanceDemand-led1.92ร—
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

64 / ยฑ100

-23.0 points since 2026-09-11

Energy

59 /100

-34.3 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.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance8
Rotation Up56
Upward Expansion84
Deceleration69
Rotation Down25
Downward Expansion10

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

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

Balance 22%Rotation Up 8%Upward Expansion 17%Deceleration 3%Rotation Down 3%Downward Expansion 49%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-07-032026-10-09Established+19.5%
Deceleration2026-06-052026-06-26New+14.6%
Upward Expansion2026-05-012026-05-29Developing-4.8%
Rotation Up2026-04-172026-04-24New-5.0%
Downward Expansion2026-03-132026-04-10Developing+20.8%
Balance2026-01-162026-03-06Developing-15.0%
Downward Expansion2025-11-282026-01-09Developing+4.1%
Balance2025-08-292025-11-21Established-9.3%
Upward Expansion2025-07-182025-08-22Developing-4.1%
Rotation Up2025-06-202025-07-11New+5.2%
Balance2025-05-092025-06-13Developing+3.5%
Downward Expansion2024-04-052025-05-02Extended-27.8%
Rotation Down2024-03-082024-03-29New+3.0%
Balance2024-01-192024-03-01Developing-1.3%
Classic Stage Analysis comparison
Stage 1 ยท Basing23
Stage 2 ยท Advancing100
Stage 3 ยท Distribution47
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2B ยท Advancing. 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

Leading benchmark

Architecture confirmation
93/100
Current Relative Strength
12.87
Relative Strength direction
Improving
Price momentum
+31.2%
Excess performance vs benchmark
+18.1%
Basic Materials regime cohort
50th percentile6 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.03ร—

Latest completed volume relative to typical participation.

Up/down volume1.92ร—

Participation balance between advancing and declining observations.

Accumulation / distribution6 / 2

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+0.0%

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 2,633.67rising
Slow Activity KRW 2,374.97rising
Trend Reference KRW 2,232.33+17.8% close margin
Current Fair Value KRW 2,114.93+24.4% close margin
Structural low KRW 1,854.00shock / 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 +5.1%
Annualized volatility +27.9%
From structural high -5.7%
From structural low +76.0%
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 term14+4.8%-30.8% to +40.4%+57.1%+57.1%+3.3%+64.3%Usable descriptive sample
Intermediate5+11.2%-14.9% to +44.4%+60.0%+60.0%+11.2%+20.0%Usable descriptive sample
Extended3-1.6%-26.4% to +85.6%+33.3%+33.3%-35.3%+0.0%Too little matched history
Full cycle3-3.5%-33.1% to +18.7%+33.3%+33.3%-36.3%+33.3%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