JPX ยท Consumer Defensive ยท Weekly analysis

4934 Elliott Wave report

Premier Anti-Aging Co., Ltd.

Latest close JPY 596.00 Week ending 4 Sep 2026 History 276 weeks
Current reading

The five-wave move is mature

The count describes a move that may be nearing its end. Watch for a confirmed reversal; maturity alone does not mean price has turned.

88/100 Setup score 100/100 Data quality Mature / manage risk Setup status
A setup score is a measure of fit, not a probability or price forecast.
How to use this report

Start with price. Read the selected pattern and the weekly closing levels beside the chart. โ€œConfirmโ€ means a move supports that interpretation; it does not guarantee a return.

Compare the evidence. A wave count can disagree with the trend, momentum or sector. The report points out those differences before looking at timing.

Check the limits. Timing windows are estimates, the last swing can move, and historical outcomes vary. Open the rules and data notes for more detail.

01 ยท Price & key levels

The pattern and the prices to watch

Selected wave countFive-wave decline mature

Numbers 1 to 5 label the successive legs of the selected wave pattern. The last point can still move.

Other readingsCheck whether the move is losing support

2 readings are positive, 5 are negative and 0 are neutral. They describe current direction, not whether a mature move has finished.

Main uncertaintyHigh count stability

The leading count changed 1 times across the last 9 checks. Keep the alternative interpretations in view.

Weekly price and wave pattern

Move across the chart to inspect a week. Turn on explanations for a guide to the marked points.

Weekly close30-week trendFair ValueConfirmationCount failureSelected pattern

The shaded area marks the selected pattern. Filled dots mark confirmed turns; the outlined dot is still forming. Prices use completed weeks; changing the chart range does not recalculate the count.

Weekly chart values
Prices in JPY ยท the history displayed on the chart
Week endingClose30-week trendFair Value
2023-09-151,208.001,215.936,169.74
2023-09-221,059.001,205.736,136.11
2023-09-291,046.001,192.906,102.84
2023-10-061,043.001,179.676,069.99
2023-10-131,022.001,171.336,037.42
2023-10-20953.001,152.776,004.83
2023-10-27928.001,139.675,975.01
2023-11-03959.001,129.975,936.60
2023-11-10972.001,120.405,904.63
2023-11-17963.001,110.005,872.66
2023-11-241,032.001,104.335,842.74
2023-12-01993.001,098.135,812.76
2023-12-08927.001,090.575,781.90
2023-12-151,036.001,086.605,739.19
2023-12-22990.001,082.735,690.53
2023-12-291,011.001,078.535,644.13
2024-01-05997.001,073.305,601.87
2024-01-12998.001,069.335,562.75
2024-01-19971.001,064.035,520.13
2024-01-26956.001,058.975,481.51
2024-02-02950.001,053.475,441.26
2024-02-09910.001,045.105,397.79
2024-02-16893.001,033.935,357.69
2024-02-23882.001,026.305,317.19
2024-03-01966.001,024.635,274.47
2024-03-08975.001,020.735,227.51
2024-03-15870.001,003.375,164.88
2024-03-22914.00990.875,101.38
2024-03-29895.00981.505,027.31
2024-04-05778.00969.904,956.08
2024-04-12784.00955.774,891.49
2024-04-19742.00945.204,827.98
2024-04-26790.00936.674,756.57
2024-05-03763.00927.334,685.76
2024-05-10810.00920.274,614.86
2024-05-17817.00915.734,529.20
2024-05-24826.00912.334,427.57
2024-05-31821.00907.734,334.69
2024-06-07817.00902.574,240.63
2024-06-14894.00900.274,164.51
2024-06-21859.00894.504,076.49
2024-06-28928.00892.333,986.22
2024-07-05916.00891.973,888.76
2024-07-12922.00888.173,777.94
2024-07-19932.00886.233,676.41
2024-07-26895.00882.373,584.65
2024-08-02776.00875.003,487.83
2024-08-09727.00865.973,393.77
2024-08-16804.00860.403,293.79
2024-08-23819.00855.833,194.81
2024-08-30784.00850.303,096.96
2024-09-06776.00845.833,008.08
2024-09-13708.00839.672,916.08
2024-09-20726.00834.472,822.85
2024-09-27764.00827.732,740.63
2024-10-04775.00821.072,664.19
2024-10-11733.00816.502,586.13
2024-10-18724.00810.172,506.74
2024-10-25706.00803.872,434.66
2024-11-01722.00802.002,356.34
2024-11-08722.00799.932,286.93
2024-11-15720.00799.202,221.93
2024-11-22719.00796.832,160.00
2024-11-29701.00794.772,099.17
2024-12-06690.00790.772,040.46
2024-12-13741.00788.231,978.79
2024-12-20795.00787.201,916.58
2024-12-27815.00787.001,862.51
2025-01-03810.00786.771,814.44
2025-01-10819.00784.271,770.46
2025-01-17793.00782.071,729.71
2025-01-24793.00777.571,691.01
2025-01-31804.00773.831,650.84
2025-02-07797.00769.671,610.31
2025-02-14802.00765.331,573.33
2025-02-21848.00763.771,538.71
2025-02-28885.00767.401,504.38
2025-03-07865.00772.001,474.54
2025-03-14840.00773.201,455.56
2025-03-21871.00774.931,438.07
2025-03-28860.00777.471,419.90
2025-04-04726.00775.801,399.04
2025-04-11780.00778.201,376.44
2025-04-18786.00780.201,356.29
2025-04-25853.00783.171,337.59
2025-05-02854.00785.801,317.29
2025-05-09860.00790.031,299.89
2025-05-16905.00796.071,281.94
2025-05-23881.00801.901,263.13
2025-05-30912.00808.231,243.92
2025-06-06942.00815.571,224.03
2025-06-13917.00822.131,216.90
2025-06-20911.00828.531,210.26
2025-06-27909.00835.471,203.54
2025-07-04890.00842.131,195.76
2025-07-11900.00847.431,188.54
2025-07-18894.00850.731,180.64
2025-07-25919.00854.201,173.74
2025-08-01861.00855.901,166.79
2025-08-08882.00858.001,160.21
2025-08-15866.00860.431,152.57
2025-08-22891.00863.701,145.31
2025-08-29893.00866.671,138.76
2025-09-05917.00870.671,124.73
2025-09-12847.00872.171,108.94
2025-09-19821.00871.271,093.60
2025-09-26801.00868.471,081.31
2025-10-03727.00863.871,069.02
2025-10-10709.00859.501,057.71
2025-10-17698.00853.731,045.32
2025-10-24722.00849.131,034.21
2025-10-31714.00848.731,022.64
2025-11-07693.00845.831,010.12
2025-11-14708.00843.23997.22
2025-11-21699.00838.10984.99
2025-11-28727.00833.87973.15
2025-12-05737.00829.77961.56
2025-12-12702.00823.00954.30
2025-12-19691.00816.67948.56
2025-12-26667.00808.50943.08
2026-01-02702.00800.50938.29
2026-01-09703.00793.37933.21
2026-01-16705.00786.50928.31
2026-01-23719.00780.17922.97
2026-01-30720.00774.50918.13
2026-02-06723.00768.60913.91
2026-02-13713.00762.57909.71
2026-02-20737.00756.50905.68
2026-02-27817.00755.03901.74
2026-03-06744.00750.43897.28
2026-03-13662.00743.63893.37
2026-03-20620.00734.60887.67
2026-03-27605.00725.00883.08
2026-04-03613.00714.87878.99
2026-04-10597.00706.53874.75
2026-04-17619.00699.80870.54
2026-04-24601.00693.13866.69
2026-05-01606.00689.10863.02
2026-05-08609.00685.77859.53
2026-05-15598.00682.43855.96
2026-05-22628.00679.30852.89
2026-05-29625.00676.33849.61
2026-06-05620.00673.90846.19
2026-06-12601.00670.33842.88
2026-06-19580.00666.37839.35
2026-06-26608.00662.40836.15
2026-07-03627.00658.73833.02
2026-07-10634.00656.47829.64
2026-07-17619.00654.07825.74
2026-07-24622.00652.57822.60
2026-07-31609.00649.47819.99
2026-08-07600.00646.03816.84
2026-08-14598.00642.47811.76
2026-08-21598.00638.43807.33
2026-08-28593.00634.20803.59
2026-09-04596.00629.97800.19
4-week return -0.7%
13-week return -3.9%
26-week return -19.9%
52-week return -35.0%
From 52-week high -35.7%
26-week volatility 23.7%
02 ยท Wave count

How the wave count fits

The chart uses a 7.7% closing-price reversal threshold. Filled markers are confirmed pivots; the outlined final marker is still forming.

Scenario comparison

Compare the possible patterns

Five-wave decline maturePrimary swing size ยท Leading90%
Possible Wave 2 troughPrimary swing size6%
A/B/C reset may be completingPrimary swing size4%
Weights compare the displayed patterns; they are not probabilities. The same pattern can appear at different swing sizes.
Leading wave count

Five-wave decline mature

90% evidence weight

The count below meets the required wave rules. The details show which swings and proportions support it. A valid pattern is still an interpretation of past price moves.

Confirm below 596.00 Fails above 627.00 Count stability High ยท 84/100
Wave rules and proportions
PassWave 2 protects the Wave 1 originOrigin 942.00; Wave 2 817.00.
PassWave 3 exceeds Wave 1Wave 1 667.00; Wave 3 580.00.
PassWave 4 does not overlap Wave 1Wave 1 boundary 667.00; Wave 4 627.00.
PassWave 3 is not the shortest motive waveMotive lengths: 275.00, 237.00, 31.00.
FailWave 5 makes motive progressWave 3 580.00; Wave 5 596.00.
GuidelineWave 2 retracement is proportionateRetraced 55% of Wave 1.
GuidelineWave 3 extension is plausibleWave 3 is 0.86ร— Wave 1.
GuidelineWave 4 retracement is proportionateRetraced 20% of Wave 3.
GuidelineWaves 2 and 4 show temporal alternationWave 2 lasted 9w; Wave 4 lasted 2w.
Strategic degreePossible bearish Wave 3 declining

Strategic degree uses a 12.3% weekly closing-price reversal threshold.

Primary degreeFive-wave decline mature

Primary degree uses a 7.7% weekly closing-price reversal threshold.

Tactical degreePossible Wave 2 trough

Tactical degree uses a 5.4% weekly closing-price reversal threshold.

Active swing -4.9%

9 weeks ยท Forming

Nearest confirmed support 580.00

Pivot from 2026-06-19

Nearest confirmed resistance 627.00

Pivot from 2026-07-03

30-week trend 629.97

Price is -5.4% from trend

Fair Value reference 800.19

Price is -25.5% from Fair Value

52-week range position 6%

576.00 low ยท 927.00 high

03 ยท Supporting evidence

Where the evidence agrees or disagrees

2 readings are positive, 5 are negative and 0 are neutral. They describe current direction, not whether a mature move has finished.

71% directional agreement

Check whether the move is losing support.

Trend

Price remains below its 30-week trend.

5.4% below trend
Cycle pressure

The medium-term pressure curve is not rising.

Falling
Cycle alignment

Several cycle lengths are improving together.

Rising Stack
Relative strength

Underperforming its benchmark

-24.1
Market activity

Participation is weak

-16.2
Market dynamics

Price and volume behaviour is supportive

+0.1
30-week momentum

Medium-term momentum is negative

-17.6
Balance of readings Defensive

2 constructive, 5 weak and 0 neutral measures.

Agreement describes direction among the readings. It does not necessarily support the selected wave count.

Market activity

Whether participation is supporting the move.

Participation is weak.

Relative strength

Performance against the market benchmark.

Underperforming its benchmark.

30-week momentum

The pace of the medium-term price move.

Medium-term momentum is negative.

Market dynamics

A separate scale prevents this lower-range measure being hidden by relative strength.

Price and volume behaviour is supportive.

04 ยท Cycle timing

What cycle timing adds

Cycle estimates help describe timing. They do not set a date for the next price turn.

Cycle pressure is falling. A recovery in price needs support from the other readings.

Cycle repeat scores range from 0 to 50/100. Low scores mean the past rhythm is irregular, so the projected weeks deserve less weight.

Pressure phaseFalling

Current medium-term pressure direction

Cycle agreementRising Stack

75/100 constructive ยท 25/100 risk

Estimated next low22 weeks

Timing estimate, not a dated forecast

Estimated next high20 weeks

Timing estimate, not a dated forecast

Cycle pressure

Above zero is positive pressure; direction matters more than the absolute number.

Shorter and longer cycles

The thick line is the blended reading; thinner lines show 20, 40 and 80-week components.

An observed cycle is the repeat found in past prices. The repeat score describes how clearly it appears. FLD is a shifted price reference used to check a turn. Low timing scores can coexist with a positive price-cross check.

Typical / observed cycle10w / 12w
Current phaseFalling
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough11w
Possible next low0โ€“3w
Typical / observed cycle20w / 25w
Current phaseTroughing
Repeat score31/100
Price-cross check (FLD)Crossed Down
Since last trough3w
Possible next low16โ€“28w
Typical / observed cycle40w / 30w
Current phaseTroughing
Repeat score15/100
Price-cross check (FLD)Crossed Down
Since last trough1w
Possible next low20โ€“38w
Typical / observed cycle80w / 60w
Current phaseTroughing
Repeat score50/100
Price-cross check (FLD)Crossed Down
Since last trough10w
Possible next low27โ€“73w
05 ยท Risk

Risk behind the price move

Wave structure is easier to judge when drawdown, volatility and participation are visible beside it.

Risk in context

How much room price has to move

Price is 96.7% below the highest weekly close in the stored history. It is 35.7% below the 52-week high. The two figures use different reference points.

Largest contributors to the risk score

  • Wave maturity

    A forming Wave 5 is mature structure: upside can continue, but reward-to-risk is usually less forgiving.

  • Cycle rollover

    Medium-term cycle pressure is falling.

  • Multi-cycle risk

    Hurst risk alignment is 25/100.

Downside risk check

Watch

42/100
Wave maturity25/25
Trend extension0/20
Range position0/15
Cycle rollover11/15
Multi-cycle risk4/15
Count instability2/10
Event proximity0/10

This score combines the risk checks shown here. A higher score means more warning signs, not a measured probability of a fall.

52-week low576.00
52-week high927.00
Annualised volatility23.7%

Based on the latest 26 weekly returns

Average weekly range2.1%

Average high-to-low range over 13 weeks

Current drawdown-96.7%

From the highest close in the stored record

Latest volume59%

Of its trailing 20-week average

Drawdown history

Distance below the highest prior weekly close.

Realised volatility

Annualised variability of the latest 26 weekly returns.

Relative volume

Weekly volume as a percentage of its 20-week average.

06 ยท Market context

Sector trends and upcoming events

Compare the pattern with other stocks in the sector, then check whether an event could change the price picture.

Sector breadth

Most analysed peers have an upward wave count. That contrasts with this reportโ€™s downward interpretation.

67% constructive

16 of 24 analysed peers have a leading upward wave pattern.

38% have improving cycles Breadth shows whether peers share the structure. Cohort outcomes use non-overlapping, point-in-time trend and momentum states from the same sector and report benchmark excess return when matching benchmark bars exist; they are context, not a backtest of the Elliott count.
Earnings and options

Event information is limited

No additional warning is recorded. Missing event data does not rule out a surprise.

These are the latest stored event readings. Missing earnings or options data does not mean that event risk is absent.
Peer-state horizonNon-overlapping samplesPositiveMedianMedian excess vs ^N225Middle 80% of returns
4 weeks47363%1.7%0.2%-5.7% to 11.2%
13 weeks20166%4.4%-0.2%-9.2% to 20.3%
26 weeks11971%8.9%0.4%-9.6% to 29.4%
07 ยท History

What happened after similar readings

After similar readings, the middle 4-week return was -1.1% across 119 completed outcomes. The range below shows how far individual outcomes differed. Overlapping weeks are not independent tests of this wave count.

120 similar weekly states

Typical return after a match

Median outcome after each matching historical week.

4w
-1.1%
13w
-6.4%
26w
-15.0%
HorizonMatchesPositiveMedianRange
4 weeks 119 45% -1.1% -43.0% to 60.9%
13 weeks 117 34% -6.4% -44.1% to 34.5%
26 weeks 110 15% -15.0% -54.6% to 36.5%

Overlapping historical matches are descriptive context, not independent observations or a forecast.

Data quality, rules and limitations
Evidence quality100/100

This measures usable history, indicator coverage and confirmed swing points. It does not measure the chance of the scenario succeeding.

Weekly history
100/100
Indicator coverage
100/100
Confirmed structure
100/100
Model ewc-2.1.0 ยท as of 2026-09-04 ยท only the final active pivot is provisional; confirmed pivots are retained.
How the count is built

Rules and data notes

  • Swing points use weekly closes and a 7.7% adaptive reversal threshold.
  • The final swing is provisional until the reversal threshold is met.
  • Candidate counts must pass the Wave 2 origin, Wave 3 progression/length and Wave 4 overlap rules when those waves are present.
  • Fibonacci proportions and alternation rank valid candidates but never rescue a hard-rule failure.
  • Primary and alternate evidence weights compare admissible counts; they are not probabilities.
  • Nominal Hurst periods adapt to observed weekly rhythm. Future windows include measured timing uncertainty and require FLD or price confirmation.
Audit trail

Recent swing points

Dates and prices for the recent swings. The final point can still move.

DateStatusTypePriceMoveDuration
2024-08-23 Confirmed High 819.00 12.7% 2 weeks
2024-09-13 Confirmed Low 708.00 -13.6% 3 weeks
2024-10-04 Confirmed High 775.00 9.5% 3 weeks
2024-12-06 Confirmed Low 690.00 -11.0% 9 weeks
2025-02-28 Confirmed High 885.00 28.3% 12 weeks
2025-04-04 Confirmed Low 726.00 -18.0% 5 weeks
2025-06-06 Confirmed High 942.00 29.8% 9 weeks
2025-12-26 Confirmed Low 667.00 -29.2% 29 weeks
2026-02-27 Confirmed High 817.00 22.5% 9 weeks
2026-06-19 Confirmed Low 580.00 -29.0% 16 weeks
2026-07-03 Confirmed High 627.00 8.1% 2 weeks
2026-09-04 Forming Low 596.00 -4.9% 9 weeks

Chart guide

Evidence context