KLS · Healthcare · Weekly analysis

5878 Elliott Wave report

KPJ Healthcare Berhad

Latest close MYR 2.55 Week ending 18 Sep 2026 History 276 weeks
Current reading

No clear wave pattern yet

There is no leading pattern that meets the wave rules. Use the trend and other readings for context while more swings develop.

91/100 Setup score 100/100 Data quality Observing 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 countHurst crest risk

No wave count meets the rules yet. The chart still shows price, trend and confirmed swings.

Other readingsUse the other readings for context

0 of 7 available readings are positive and 7 are negative. There is no leading wave direction to compare them with.

Main uncertaintyModerate count stability

Wait for a pattern that meets the wave rules. A label should not be forced onto every price move.

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 MYR · the history displayed on the chart
Week endingClose30-week trendFair Value
2023-09-291.081.070.9301
2023-10-061.101.070.9322
2023-10-131.141.080.9345
2023-10-201.141.080.9368
2023-10-271.191.080.9395
2023-11-031.211.090.9422
2023-11-101.191.090.9445
2023-11-171.231.100.947
2023-11-241.231.100.9495
2023-12-011.271.110.9519
2023-12-081.261.120.954
2023-12-151.381.130.957
2023-12-221.371.140.9599
2023-12-291.381.150.963
2024-01-051.411.160.9663
2024-01-121.451.170.9698
2024-01-191.511.190.974
2024-01-261.561.210.9786
2024-02-021.541.220.983
2024-02-091.551.240.9875
2024-02-161.561.260.9917
2024-02-231.571.270.996
2024-03-011.601.291.00
2024-03-081.661.311.00
2024-03-151.771.331.01
2024-03-221.861.361.02
2024-03-291.851.381.02
2024-04-051.871.411.03
2024-04-121.861.431.03
2024-04-191.851.461.04
2024-04-261.901.481.05
2024-05-031.901.511.05
2024-05-101.921.541.06
2024-05-171.941.561.07
2024-05-241.941.591.07
2024-05-311.831.611.08
2024-06-071.871.631.08
2024-06-141.901.651.09
2024-06-211.871.681.10
2024-06-281.871.701.10
2024-07-051.871.721.11
2024-07-121.851.731.11
2024-07-191.781.741.12
2024-07-261.821.761.13
2024-08-021.781.771.13
2024-08-091.821.781.14
2024-08-161.841.801.14
2024-08-231.831.801.15
2024-08-301.861.821.15
2024-09-061.881.831.16
2024-09-131.921.841.16
2024-09-202.141.861.17
2024-09-272.071.871.18
2024-10-042.051.891.18
2024-10-112.031.891.19
2024-10-182.051.901.20
2024-10-252.101.911.20
2024-11-012.051.911.21
2024-11-082.091.921.22
2024-11-152.171.931.22
2024-11-222.231.941.23
2024-11-292.431.961.24
2024-12-062.461.981.25
2024-12-132.331.991.26
2024-12-202.402.011.27
2024-12-272.332.021.28
2025-01-032.302.041.29
2025-01-102.312.051.30
2025-01-172.202.061.30
2025-01-242.212.071.31
2025-01-312.212.091.32
2025-02-072.352.101.33
2025-02-142.432.121.34
2025-02-212.492.151.35
2025-02-282.322.161.36
2025-03-072.702.191.37
2025-03-142.562.221.38
2025-03-212.552.241.39
2025-03-282.622.271.40
2025-04-042.642.291.41
2025-04-112.612.311.42
2025-04-182.672.331.43
2025-04-252.682.351.45
2025-05-022.902.381.46
2025-05-092.902.411.47
2025-05-162.902.441.49
2025-05-232.852.461.50
2025-05-302.682.481.51
2025-06-062.712.511.52
2025-06-132.752.521.54
2025-06-202.552.531.55
2025-06-272.532.541.56
2025-07-042.662.541.57
2025-07-112.592.551.58
2025-07-182.532.561.59
2025-07-252.572.571.60
2025-08-012.622.581.62
2025-08-082.812.591.63
2025-08-152.842.611.64
2025-08-222.702.631.65
2025-08-292.572.641.67
2025-09-052.342.641.68
2025-09-122.472.641.69
2025-09-192.492.641.70
2025-09-262.662.651.71
2025-10-032.752.661.72
2025-10-102.832.661.74
2025-10-172.852.671.75
2025-10-242.862.681.76
2025-10-312.822.691.78
2025-11-072.672.691.79
2025-11-142.662.691.80
2025-11-212.712.691.81
2025-11-282.572.681.82
2025-12-052.592.671.83
2025-12-122.642.661.84
2025-12-192.662.651.86
2025-12-262.642.651.87
2026-01-022.682.651.88
2026-01-092.692.651.89
2026-01-162.762.661.90
2026-01-232.762.661.91
2026-01-302.762.671.92
2026-02-062.742.671.94
2026-02-132.782.681.95
2026-02-202.812.691.96
2026-02-272.922.701.97
2026-03-063.202.711.98
2026-03-133.312.732.00
2026-03-203.442.752.01
2026-03-273.472.782.03
2026-04-033.362.822.04
2026-04-103.272.842.06
2026-04-173.252.872.07
2026-04-243.292.892.09
2026-05-013.322.912.10
2026-05-083.352.932.12
2026-05-153.372.942.13
2026-05-223.222.962.15
2026-05-293.202.972.16
2026-06-053.222.992.17
2026-06-123.133.002.19
2026-06-193.203.022.20
2026-06-263.263.042.21
2026-07-033.123.062.23
2026-07-103.173.082.24
2026-07-173.213.102.25
2026-07-243.123.112.27
2026-07-313.103.132.28
2026-08-073.053.142.29
2026-08-143.053.152.31
2026-08-213.113.162.32
2026-08-282.693.162.33
2026-09-042.683.152.34
2026-09-112.543.152.35
2026-09-182.553.142.36
4-week return -17.9%
13-week return -20.3%
26-week return -25.8%
52-week return 2.5%
From 52-week high -27.6%
26-week volatility 23.4%
02 · Wave count

How the wave count fits

The chart uses a 6.0% closing-price reversal threshold. Filled markers are confirmed pivots; the outlined final marker is still forming.

Scenario comparison

Compare the possible patterns

No leading count meets the wave rules yet.

Weights compare the displayed patterns; they are not probabilities. The same pattern can appear at different swing sizes.
Leading wave count

No valid count

There is no leading pattern to test yet. Use the other readings and wait for more price swings.

Strategic degreeNo valid count

Strategic degree uses a 9.7% weekly closing-price reversal threshold.

Primary degreeNo valid count

Primary degree uses a 6.0% weekly closing-price reversal threshold.

Tactical degreeNo valid count

Tactical degree uses a 4.2% weekly closing-price reversal threshold.

Active swing -26.5%

25 weeks · Forming

Nearest confirmed support 2.34

Pivot from 2025-09-05

Nearest confirmed resistance 3.47

Pivot from 2026-03-27

30-week trend 3.14

Price is -18.7% from trend

Fair Value reference 2.36

Price is 8.2% from Fair Value

52-week range position 8%

2.47 low · 3.52 high

03 · Supporting evidence

Where the evidence agrees or disagrees

0 of 7 available readings are positive and 7 are negative. There is no leading wave direction to compare them with.

100% directional agreement

Use the other readings for context.

Trend

Price remains below its 30-week trend.

18.7% below trend
Cycle pressure

The medium-term pressure curve is not rising.

Falling
Cycle alignment

Several cycle lengths are weakening together.

Falling Stack
Relative strength

Underperforming its benchmark

-12.7
Market activity

Participation is weak

-20.5
Market dynamics

Price and volume behaviour is weak

-1.1
30-week momentum

Medium-term momentum is negative

-9.2
Balance of readings Defensive

0 constructive, 7 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 weak.

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 40/100. Low scores mean the past rhythm is irregular, so the projected weeks deserve less weight.

Pressure phaseFalling

Current medium-term pressure direction

Cycle agreementFalling Stack

0/100 constructive · 100/100 risk

Estimated next low10 weeks

Timing estimate, not a dated forecast

Estimated next high6 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 / 10w
Current phaseFalling
Repeat score15/100
Price-cross check (FLD)Crossed Down
Since last trough5w
Possible next low2–8w
Typical / observed cycle20w / 15w
Current phaseFalling
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough5w
Possible next low3–17w
Typical / observed cycle40w / 50w
Current phaseFalling
Repeat score40/100
Price-cross check (FLD)Crossed Down
Since last trough35w
Possible next low6–24w
Typical / observed cycle80w / 60w
Current phaseFalling
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough31w
Possible next low18–40w
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 26.5% below the highest weekly close in the stored history. It is 27.6% below the 52-week high. The two figures use different reference points.

Largest contributors to the risk score

  • Multi-cycle risk

    Hurst risk alignment is 100/100.

  • Cycle rollover

    Medium-term cycle pressure is falling.

  • Count instability

    The primary interpretation has moderate recent stability.

Downside risk check

Contained

29/100
Wave maturity0/25
Trend extension0/20
Range position0/15
Cycle rollover11/15
Multi-cycle risk15/15
Count instability3/10
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 low2.47
52-week high3.52
Annualised volatility23.4%

Based on the latest 26 weekly returns

Average weekly range4.2%

Average high-to-low range over 13 weeks

Current drawdown-26.5%

From the highest close in the stored record

Latest volume106%

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

Upward wave counts are not a majority among the analysed peers. That alone does not establish a downward sector trend.

36% constructive

8 of 22 analysed peers have a leading upward wave pattern.

41% 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 ^KLSEMiddle 80% of returns
4 weeks66840%0.0%-0.9%-10.6% to 8.3%
13 weeks24042%-1.9%-2.9%-23.4% to 19.4%
26 weeks13440%-3.3%-4.2%-31.7% to 17.2%
07 · History

What happened after similar readings

After similar readings, the middle 4-week return was +3.7% across 16 completed outcomes. The range below shows how far individual outcomes differed. Overlapping weeks are not independent tests of this wave count.

16 similar weekly states

Typical return after a match

Median outcome after each matching historical week.

4w
3.7%
13w
24.1%
26w
34.2%
HorizonMatchesPositiveMedianRange
4 weeks 16 88% 3.7% -0.5% to 20.4%
13 weeks 16 94% 24.1% -3.9% to 31.5%
26 weeks 16 100% 34.2% 16.4% to 45.3%

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 · as of 2026-09-18 · 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 6.0% 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
2024-12-06 Confirmed High 2.46 38.4% 18 weeks
2025-01-17 Confirmed Low 2.20 -10.7% 6 weeks
2025-02-21 Confirmed High 2.49 13.4% 5 weeks
2025-02-28 Confirmed Low 2.32 -6.7% 1 weeks
2025-05-16 Confirmed High 2.90 25.0% 11 weeks
2025-07-18 Confirmed Low 2.53 -13.0% 9 weeks
2025-08-15 Confirmed High 2.84 12.5% 4 weeks
2025-09-05 Confirmed Low 2.34 -17.7% 3 weeks
2025-10-24 Confirmed High 2.86 22.5% 7 weeks
2025-11-28 Confirmed Low 2.57 -10.4% 5 weeks
2026-03-27 Confirmed High 3.47 35.1% 17 weeks
2026-09-18 Forming Low 2.55 -26.5% 25 weeks

Chart guide

Evidence context