LSE · Consumer Cyclical · Weekly analysis

PWR Elliott Wave report

POWER PROBE PLC ORD 0.1P

Latest close GBP 0.60 Week ending 11 Sep 2026 History 40 weeks
Current reading

A pullback is being tested

The wave pattern treats the recent decline as a pullback within a larger advance. A fresh rise is still something to confirm.

20/100 Setup score 32/100 Data quality Watching 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. “Confirm” 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 · Price & key levels

The pattern and the prices to watch

Selected wave countNeeds more weekly history

A, B and C label a three-part correction. The outlined last point is still forming.

Other readingsThe other readings point the other way

5 of 6 available readings lean against the upward wave interpretation; 0 support it. The pattern and current market behaviour do not yet agree.

Main uncertaintyUnavailable count stability

The most recent swing is still forming and can extend. A settled label needs a confirmed reversal.

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 GBP · the history displayed on the chart
Week endingClose30-week trendFair Value
2025-12-120.8754Unavailable0.8754
2025-12-190.9438Unavailable0.9096
2025-12-260.9292Unavailable0.9161
2026-01-020.9634Unavailable0.928
2026-01-090.9634Unavailable0.935
2026-01-160.9438Unavailable0.9365
2026-01-230.846Unavailable0.9236
2026-01-300.8363Unavailable0.9127
2026-02-060.8363Unavailable0.9042
2026-02-130.8558Unavailable0.8993
2026-02-200.8118Unavailable0.8914
2026-02-270.7727Unavailable0.8815
2026-03-060.6944Unavailable0.8671
2026-03-130.6798Unavailable0.8537
2026-03-200.6798Unavailable0.8421
2026-03-270.7042Unavailable0.8335
2026-04-030.7042Unavailable0.8259
2026-04-100.7042Unavailable0.8191
2026-04-170.714Unavailable0.8136
2026-04-240.7238Unavailable0.8091
2026-05-010.7189Unavailable0.8048
2026-05-080.735Unavailable0.8016
2026-05-150.71Unavailable0.7977
2026-05-220.72Unavailable0.7944
2026-05-290.72Unavailable0.7914
2026-06-050.725Unavailable0.7889
2026-06-120.685Unavailable0.785
2026-06-190.665Unavailable0.7808
2026-06-260.665Unavailable0.7768
2026-07-030.6750.77340.7734
2026-07-100.6750.76670.7702
2026-07-170.6750.75770.7672
2026-07-240.6750.74930.7644
2026-07-310.6750.73960.7618
2026-08-070.6750.730.7593
2026-08-140.6650.72070.7567
2026-08-210.6550.71440.754
2026-08-280.640.70780.751
2026-09-040.610.70030.7473
2026-09-110.600.69180.7437
4-week return -9.8%
13-week return -12.4%
26-week return -11.7%
52-week return -
From 52-week high -40.4%
26-week volatility 14.6%
02 · Wave count

How the wave count fits

The chart uses a 5.0% closing-price reversal threshold. Filled markers are confirmed pivots; the outlined final marker is still forming.

Scenario comparison

Compare the possible patterns

A/B/C reset may be completingPrimary swing size · Leading37%
Possible bearish Wave 3 decliningPrimary swing size26%
A/B/C reset may be completingStrategic swing size37%
Weights compare the displayed patterns; they are not probabilities. The same pattern can appear at different swing sizes.
Leading wave count

A/B/C reset may be completing

37% 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 above 0.735 Fails below 0.60 Count stability Unavailable · 0/100
Wave rules and proportions
PassWave B protects the correction originOrigin 0.9438; Wave B 0.735.
PassWave C progresses beyond Wave AA length 0.26; C length 0.14.
GuidelineWave C is proportionate to Wave AWave C is 0.51× Wave A.
Strategic degreeA/B/C reset may be completing

Strategic degree uses a 8.0% weekly closing-price reversal threshold.

Primary degreeA/B/C reset may be completing

Primary degree uses a 5.0% weekly closing-price reversal threshold.

Tactical degreeA/B/C reset may be completing

Tactical degree uses a 3.5% weekly closing-price reversal threshold.

Active swing -18.4%

18 weeks · Forming

Nearest confirmed support -

No lower pivot in the current window

Nearest confirmed resistance 0.735

Pivot from 2026-05-08

30-week trend 0.6918

Price is -13.3% from trend

Fair Value reference 0.7437

Price is -19.3% from Fair Value

52-week range position 2%

0.59 low · 1.01 high

03 · Supporting evidence

Where the evidence agrees or disagrees

5 of 6 available readings lean against the upward wave interpretation; 0 support it. The pattern and current market behaviour do not yet agree.

83% directional agreement

The other readings point the other way. 0 readings support the selected direction; 5 lean against it.

Trend

Price remains below its 30-week trend.

13.3% below trend
Cycle pressure

The medium-term pressure curve is not rising.

Falling
Cycle alignment

Cycle lengths are not moving in one clear direction.

Mixed
Relative strength

The reading is neutral or unavailable.

Unavailable
Market activity

Participation is weak

-37.8
Market dynamics

Price and volume behaviour is weak

-0.4
30-week momentum

Medium-term momentum is negative

-29.9
Balance of readings Defensive

0 constructive, 5 weak and 1 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. This challenges the upward wave view.

Relative strength

Performance against the market benchmark.

No current reading is available. A gap in the data does not count as support.

30-week momentum

The pace of the medium-term price move.

Medium-term momentum is negative. This challenges the upward wave view.

Market dynamics

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

Price and volume behaviour is weak. This challenges the upward wave view.

04 · 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 0/100. Low scores mean the past rhythm is irregular, so the projected weeks deserve less weight.

Pressure phaseFalling

Current medium-term pressure direction

Cycle agreementMixed

25/100 constructive · 75/100 risk

Estimated next low9 weeks

Timing estimate, not a dated forecast

Estimated next high15 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 low0–3w
Typical / observed cycle20w / 20w
Current phaseFalling
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough11w
Possible next low4–14w
Typical / observed cycle40w / 40w
Current phaseNeutral
Repeat score0/100
Price-cross check (FLD)Unconfirmed
Since last trough-
Possible next low-
Typical / observed cycle80w / 80w
Current phaseWarming
Repeat score0/100
Price-cross check (FLD)Unconfirmed
Since last trough-
Possible next low-
05 · 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 37.7% below the highest weekly close in the stored history. It is 40.4% below the 52-week high. The two figures use different reference points.

Largest contributors to the risk score

  • Cycle rollover

    Medium-term cycle pressure is falling.

  • Multi-cycle risk

    Hurst risk alignment is 75/100.

  • Count instability

    The primary interpretation has unavailable recent stability.

Downside risk check

Watch

32/100
Wave maturity0/25
Trend extension0/20
Range position0/15
Cycle rollover11/15
Multi-cycle risk11/15
Count instability10/10
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 low0.59
52-week high1.01
Annualised volatility14.6%

Based on the latest 26 weekly returns

Average weekly range3.7%

Average high-to-low range over 13 weeks

Current drawdown-37.7%

From the highest close in the stored record

Latest volume45%

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 · 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 agrees with this report’s upward interpretation.

79% constructive

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

21% 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

An event could cross a key price level

Earnings: 2026-10-29 · about 7w away

Options: Bearish · 64/100 conviction · ±3.4% expected move

The options-implied move is large enough to cross the Elliott invalidation level in one event-sized move.

Stored options pressure is bearish with 64/100 conviction.

Compare the expected move with the price levels above. An event can take price straight through a chart level.
Peer-state horizonNon-overlapping samplesPositiveMedianMedian excess vs ^FTSEMiddle 80% of returns
4 weeks66251%0.3%-0.8%-11.0% to 14.4%
13 weeks25449%-0.4%-2.3%-22.3% to 27.8%
26 weeks13857%3.7%-2.9%-30.6% to 32.8%
07 · History

What happened after similar readings

There are not enough completed, comparable outcomes to draw a useful historical comparison.

0 similar weekly states
Not enough comparable history yet

Historical context appears only when at least eight completed outcomes are available for one of the measured horizons.

At least 90 weekly observations are required.

Data quality, rules and limitations
Evidence quality32/100

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

Weekly history
15/100
Indicator coverage
37/100
Confirmed structure
50/100
Model ewc-2.1.0 · as of 2026-09-11 · 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 5.0% 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
2026-01-16 Confirmed High 0.9438 - 0 weeks
2026-03-20 Confirmed Low 0.6798 -28.0% 9 weeks
2026-05-08 Confirmed High 0.735 8.1% 7 weeks
2026-09-11 Forming Low 0.60 -18.4% 18 weeks

Chart guide

Evidence context