Weekly structural research · ASX · Healthcare

NSB Stage Analysis

NeuroScientific Biopharmaceuticals Limited

Week ending 9 Oct 2026Close AUD 0.058Tenure ExtendedBenchmark ^AXJO

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: improving.
Activity structure: wide and contracting.

Direction -69−100 bearish to +100 bullish

Energy 56/100directional strength

Maturity 100/100lifecycle context

Confidence 93/100evidence agreement

Trend gate Downstructural direction

Activity structure Widecontracting separation

Price acceptance -66.7%position within the Activity structure

Fair Value context -21.9%AUD 0.0743 · 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	0.058	0.0762	-38.38	216721	Downward Expansion	-69	56
2026-10-02	0.058	0.0774	-39.23	420903	Downward Expansion	-73	59
2026-09-25	0.062	0.0787	-36.09	240197	Downward Expansion	-50	52
2026-09-18	0.061	0.0801	-38.82	866639	Downward Expansion	-56	62
2026-09-11	0.062	0.0819	-39.27	362659	Downward Expansion	-53	56
2026-09-04	0.061	0.0842	-43.17	0	Downward Expansion	-66	61
2026-08-28	0.062	0.0865	-44.05	220235	Downward Expansion	-63	61
2026-08-21	0.065	0.0891	-42.29	6500	Downward Expansion	-65	63
2026-08-14	0.058	0.0916	-49.78	177574	Downward Expansion	-72	78
2026-08-07	0.059	0.0945	-50.76	161768	Downward Expansion	-72	78
2026-07-31	0.06	0.0964	-49.51	104486	Downward Expansion	-72	78
2026-07-24	0.065	0.0977	-45.77	4163	Downward Expansion	-66	83
2026-07-17	0.061	0.099	-50.50	951735	Downward Expansion	-73	88
2026-07-10	0.065	0.1005	-48.24	53147	Downward Expansion	-67	87
2026-07-03	0.064	0.1018	-50.02	200571	Downward Expansion	-73	89
2026-06-26	0.064	0.1035	-50.16	300916	Downward Expansion	-77	86
2026-06-19	0.062	0.1054	-52.20	849557	Downward Expansion	-83	82
2026-06-12	0.069	0.1068	-46.81	795412	Downward Expansion	-80	73
2026-06-05	0.087	0.109	-31.54	1889345	Downward Expansion	-64	54
2026-05-29	0.092	0.1108	-28.16	836074	Downward Expansion	-58	44
2026-05-22	0.094	0.1119	-25.60	1749007	Downward Expansion	-54	31
2026-05-15	0.099	0.1133	-20.94	853327	Downward Expansion	-35	16
2026-05-08	0.10	0.115	-20.58	980228	Downward Expansion	-29	21
2026-05-01	0.105	0.1166	-15.89	536084	Downward Expansion	-25	20
2026-04-24	0.115	0.1183	-7.72	943106	Downward Expansion	-25	19
2026-04-17	0.115	0.12	-8.61	7012243	Downward Expansion	-37	26
2026-04-10	0.10	0.1221	-19.89	860220	Downward Expansion	-58	41
2026-04-03	0.10	0.1246	-15.56	516364	Downward Expansion	-61	57
2026-03-27	0.071	0.1274	-39.01	586485	Downward Expansion	-80	78
2026-03-20	0.093	0.1308	-18.86	1521710	Downward Expansion	-66	71
2026-03-13	0.093	0.1336	-19.96	1432387	Downward Expansion	-69	69
2026-03-06	0.097	0.1365	-18.09	899190	Balance	-57	52
2026-02-27	0.105	0.1398	-13.86	517206	Balance	-48	30
2026-02-20	0.115	0.1446	-3.49	1280900	Balance	-24	11
2026-02-13	0.13	0.1481	12.46	293098	Balance	-8	14
2026-02-06	0.13	0.1496	16.91	851683	Balance	-7	20
2026-01-30	0.14	0.1506	25.59	1225368	Downward Expansion	-15	21
2026-01-23	0.14	0.1506	27.96	1723415	Downward Expansion	-25	20
2026-01-16	0.145	0.1486	34.23	11613593	Downward Expansion	-31	21
2026-01-09	0.115	0.1464	10.77	1172425	Downward Expansion	-61	47
2026-01-02	0.10	0.1448	-2.34	305173	Downward Expansion	-69	69
2025-12-26	0.105	0.1433	3.40	168551	Rotation Down	-67	67
2025-12-19	0.105	0.1417	6.51	829554	Rotation Down	-42	58
2025-12-12	0.105	0.14	7.01	537839	Rotation Down	-45	62
2025-12-05	0.115	0.1381	19.61	1331795	Rotation Down	-39	50
2025-11-28	0.12	0.136	27.14	822347	Rotation Down	-37	46
2025-11-21	0.105	0.1336	15.83	634717	Deceleration	-41	52
2025-11-14	0.135	0.132	47.28	544537	Deceleration	-3	35
2025-11-07	0.14	0.129	53.52	1588693	Deceleration	0	34
2025-10-31	0.125	0.1255	38.25	2637865	Deceleration	-10	31
2025-10-24	0.135	0.1225	49.73	1413813	Deceleration	-4	20
2025-10-17	0.15	0.1192	70.27	1467284	Deceleration	15	18
2025-10-10	0.15	0.1156	75.09	1444437	Deceleration	20	16
2025-10-03	0.155	0.112	84.75	1321016	Deceleration	34	20
2025-09-26	0.165	0.108	106.60	826782	Deceleration	38	27
2025-09-19	0.18	0.1037	132.97	1339693	Deceleration	40	31
2025-09-12	0.1725	0.099	128.84	2798881	Deceleration	41	32
2025-09-05	0.185	0.0945	153.72	1509804	Deceleration	44	37
2025-08-29	0.175	0.0896	146.50	2124962	Upward Expansion	48	44
2025-08-22	0.175	0.085	155.46	1837548	Upward Expansion	64	64
2025-08-15	0.18	0.0804	173.17	2045226	Upward Expansion	67	67
2025-08-08	0.195	0.0757	212.58	3035026	Upward Expansion	68	83
2025-08-01	0.25	0.0703	327.33	3643865	Upward Expansion	96	98
2025-07-25	0.22	0.0631	303.66	9270839	Upward Expansion	96	99
2025-07-18	0.175	0.0569	238.99	2010716	Upward Expansion	95	98
2025-07-11	0.16	0.0522	232.57	4068701	Upward Expansion	97	99
2025-07-04	0.14	0.0481	204.58	5026013	Upward Expansion	99	98
2025-06-27	0.08	0.0445	83.49	2190016	Upward Expansion	83	87
2025-06-20	0.079	0.0431	84.32	1257589	Upward Expansion	90	89
2025-06-13	0.066	0.0417	55.78	1066777	Upward Expansion	83	73
2025-06-06	0.056	0.0407	33.99	328351	Upward Expansion	66	51
2025-05-30	0.058	0.0401	40.44	1447726	Upward Expansion	76	61
2025-05-23	0.053	0.0394	29.72	402863	Upward Expansion	68	61
2025-05-16	0.048	0.0388	18.09	732676	Upward Expansion	61	72
2025-05-09	0.052	0.0385	29.61	529486	Upward Expansion	68	78
2025-05-02	0.049	0.0381	22.28	1299320	Upward Expansion	63	70
2025-04-25	0.055	0.0377	41.19	1591338	Upward Expansion	80	69
2025-04-18	0.046	0.037	20.61	11468948	Balance	65	29
2025-04-11	0.035	0.0367	-6.57	355710	Balance	13	9
2025-04-04	0.036	0.0368	-5.33	398635	Balance	29	21
2025-03-28	0.037	0.0369	-7.84	226964	Balance	47	26
2025-03-21	0.04	0.0371	-0.24	184376	Balance	31	29
2025-03-14	0.042	0.0373	6.15	675711	Balance	42	22
2025-03-07	0.034	0.0373	-16.06	330727	Balance	-41	18
2025-02-28	0.038	0.0374	-9.13	370634	Rotation Up	17	20
2025-02-21	0.037	0.0374	-13.26	829737	Rotation Up	15	21
2025-02-14	0.038	0.0375	-13.70	565859	Rotation Up	16	26
2025-02-07	0.039	0.0375	-11.10	2406544	Downward Expansion	24	30
2025-01-31	0.037	0.0375	-16.11	376201	Downward Expansion	-20	21
2025-01-24	0.038	0.0375	-12.85	1141323	Downward Expansion	-19	14
2025-01-17	0.039	0.0376	-9.54	814057	Downward Expansion	-24	22
2025-01-10	0.033	0.0376	-23.43	70600	Downward Expansion	-67	71
2025-01-03	0.033	0.0378	-23.37	64051	Downward Expansion	-68	64
2024-12-27	0.033	0.0383	-23.81	152000	Downward Expansion	-67	59
2024-12-20	0.034	0.0388	-20.14	269181	Downward Expansion	-62	47
2024-12-13	0.037	0.0391	-16.19	105467	Downward Expansion	-50	35
2024-12-06	0.034	0.0394	-24.71	279326	Downward Expansion	-64	49
2024-11-29	0.036	0.0398	-21.21	170828	Downward Expansion	-54	32
2024-11-22	0.037	0.0404	-19.81	352245	Downward Expansion	-48	26
2024-11-15	0.036	0.0408	-22.50	204491	Downward Expansion	-54	30
2024-11-08	0.038	0.0414	-19.44	1467331	Downward Expansion	-38	21
2024-11-01	0.037	0.0421	-20.78	692189	Downward Expansion	-50	24
2024-10-25	0.036	0.043	-24.80	289422	Downward Expansion	-56	29
2024-10-18	0.039	0.0434	-20.44	640750	Downward Expansion	-50	30
2024-10-11	0.04	0.0437	-19.14	1323513	Downward Expansion	-54	40
2024-10-04	0.036	0.044	-27.50	3023954	Downward Expansion	-61	58
2024-09-27	0.034	0.0442	-33.20	684625	Downward Expansion	-71	60
2024-09-20	0.039	0.0446	-24.71	370465	Downward Expansion	-50	29
2024-09-13	0.038	0.0445	-27.11	1646129	Downward Expansion	-44	21
2024-09-06	0.039	0.0445	-26.22	390076	Downward Expansion	-37	22
2024-08-30	0.043	0.0445	-21.18	411252	Downward Expansion	-29	20
2024-08-23	0.045	0.0444	-18.46	3315729	Downward Expansion	-27	16
2024-08-16	0.041	0.0441	-26.66	938936	Downward Expansion	-43	30
2024-08-09	0.039	0.044	-29.93	1583739	Downward Expansion	-56	41
2024-08-02	0.037	0.044	-36.09	1155587	Downward Expansion	-64	49
2024-07-26	0.039	0.0441	-33.75	482182	Downward Expansion	-31	44
2024-07-19	0.04	0.0442	-33.93	579674	Rotation Down	-32	50
2024-07-12	0.039	0.0445	-37.29	514171	Rotation Down	-33	54
2024-07-05	0.037	0.0449	-40.84	455615	Rotation Down	-32	54
2024-06-28	0.04	0.0453	-37.13	831618	Balance	-22	37
2024-06-21	0.039	0.0459	-39.77	460150	Balance	-24	29
2024-06-14	0.04	0.047	-38.41	1326755	Balance	-33	24
2024-06-07	0.047	0.0477	-29.84	165217	Balance	-16	14
2024-05-31	0.049	0.048	-26.36	1274102	Balance	-7	14
2024-05-24	0.043	0.0483	-36.54	410538	Balance	-13	15
2024-05-17	0.046	0.0489	-34.08	436368	Balance	-4	10
2024-05-10	0.045	0.0497	-36.03	1154919	Balance	-0	6
2024-05-03	0.055	0.0502	-21.45	1013767	Rotation Up	27	22
2024-04-26	0.048	0.0507	-31.39	761573	Rotation Up	19	31
2024-04-19	0.053	0.0514	-24.66	2859624	Rotation Up	22	43
2024-04-12	0.06	0.0523	-17.68	4864398	Rotation Up	33	44
2024-04-05	0.065	0.0535	-10.98	20649694	Downward Expansion	25	34
2024-03-29	0.047	0.0543	-37.01	2161371	Downward Expansion	-13	18
2024-03-22	0.049	0.0557	-34.14	956132	Downward Expansion	-21	23
2024-03-15	0.048	0.0571	-35.23	2511342	Downward Expansion	-37	23
2024-03-08	0.042	0.0585	-45.26	827789	Downward Expansion	-46	39
2024-03-01	0.046	0.06	-40.22	6505029	Downward Expansion	-48	41
2024-02-23	0.036	0.0614	-53.21	295456	Downward Expansion	-70	62
2024-02-16	0.037	0.0635	-52.69	211999	Downward Expansion	-69	61
2024-02-09	0.041	0.0663	-48.22	540972	Downward Expansion	-64	61
2024-02-02	0.04	0.0684	-50.57	2013240	Downward Expansion	-67	71
2024-01-26	0.035	0.0706	-56.55	1261227	Downward Expansion	-78	88
2024-01-19	0.038	0.0721	-52.64	165650	Downward Expansion	-75	87
2024-01-12	0.039	0.0733	-52.55	196493	Downward Expansion	-77	88
2024-01-05	0.039	0.0747	-53.17	47352	Downward Expansion	-82	90
2023-12-29	0.044	0.0762	-48.62	585797	Downward Expansion	-77	87
2023-12-22	0.049	0.0779	-43.26	321140	Downward Expansion	-72	74
2023-12-15	0.049	0.0796	-44.04	420467	Downward Expansion	-76	58
2023-12-08	0.049	0.0812	-43.44	1062077	Downward Expansion	-79	54
2023-12-01	0.06	0.0823	-31.39	195631	Downward Expansion	-67	51
2023-11-24	0.071	0.0827	-19.94	17659	Downward Expansion	-61	54
2023-11-17	0.06	0.0827	-33.09	342914	Downward Expansion	-66	82
2023-11-10	0.056	0.0832	-37.36	50082	Downward Expansion	-81	91
2023-11-03	0.06	0.0836	-33.12	388343	Downward Expansion	-77	91
2023-10-27	0.061	0.0843	-30.88	122352	Downward Expansion	-80	92
2023-10-20	0.07	0.0853	-21.92	124263	Rotation Down	-64	83

Price vs TrendBelow-23.9%

Trend directionFalling-20.9%

Price vs current Fair ValueBelow anchor-21.9%

Fair Value directionMoving away-7.0%

Relative Strength vs benchmarkLagging-38.4%

Relative strength directionImproving+9.9%

Price momentumNegative-42.0%

Volume balanceSupply-led0.21×

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

-69 / ±100

-15.7 points since 2026-09-11

Energy

56 /100

+0.3 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.

NSB Directional State ↗ NSB Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance18

Rotation Up28

Upward Expansion9

Deceleration61

Rotation Down52

Downward Expansion83

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 13%Rotation Up 5%Upward Expansion 12%Deceleration 8%Rotation Down 6%Downward Expansion 57%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-03-13	2026-10-09	Extended	-37.6%
Balance	2026-02-06	2026-03-06	Developing	-25.4%
Downward Expansion	2026-01-02	2026-01-30	Developing	+40.0%
Rotation Down	2025-11-28	2025-12-26	Developing	-12.5%
Deceleration	2025-09-05	2025-11-21	Developing	-43.2%
Upward Expansion	2025-04-25	2025-08-29	Established	+218.2%
Balance	2025-03-07	2025-04-18	Developing	+35.3%
Rotation Up	2025-02-14	2025-02-28	New	+0.0%
Downward Expansion	2024-07-26	2025-02-07	Extended	+0.0%
Rotation Down	2024-07-05	2024-07-19	New	+8.1%
Balance	2024-05-10	2024-06-28	Developing	-11.1%
Rotation Up	2024-04-12	2024-05-03	New	-8.3%
Downward Expansion	2023-10-27	2024-04-05	Established	+6.6%
Rotation Down	2023-10-06	2023-10-20	New	+1.4%

Classic Stage Analysis comparison

Stage 1 · Basing62

Stage 2 · Advancing0

Stage 3 · Distribution8

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 ^AXJO

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: -38.38
Relative Strength direction: Improving
Price momentum: -42.0%
Excess performance vs benchmark: -39.3%
Healthcare regime cohort: 64th percentile67 in cohort

Test NSB trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.50×

Latest completed volume relative to typical participation.

Up/down volume0.21×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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.

Explore NSB Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity AUD 0.0595falling

Slow Activity AUD 0.0676falling

Trend Reference AUD 0.0762-23.9% close margin

Current Fair Value AUD 0.0743-21.9% close margin

Structural low AUD 0.056shock / 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 +8.4%

Annualized volatility +50.5%

From structural high -67.8%

From structural low +3.6%

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 ^AXJO	Regime survived	Read
Near term	40	-2.3%-61.5% to +132.9%	+35.0%	+57.5%	-2.4%	+87.5%	Usable descriptive sample
Intermediate	14	-3.8%-63.8% to +44.7%	+42.9%	+50.0%	-2.9%	+71.4%	Usable descriptive sample
Extended	7	-21.3%-58.3% to +478.9%	+14.3%	+85.7%	-21.5%	+42.9%	Usable descriptive sample
Full cycle	4	-31.7%-67.9% to +233.3%	+25.0%	+75.0%	-38.8%	+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.

NSB 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 ↗

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

Similar Charts

RMI Reversal Map