KLS · Communication Services · Weekly analysis

5252 Elliott Wave report

Sasbadi Holdings Berhad

Latest close MYR 0.145 Week ending 25 Sep 2026 History 276 weeks
Current reading

The wave count points to a decline

The selected pattern describes a move downward. Compare it with trend, momentum and the price levels below before drawing a conclusion.

75/100 Setup score 100/100 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 countPossible bearish Wave 2 crest

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

Other readingsThe other readings support this direction

6 of 7 available readings support the downward wave interpretation; 0 lean against it. Agreement adds context, but does not guarantee the next move.

Main uncertaintyModerate count stability

The leading count changed 2 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 MYR · the history displayed on the chart
Week endingClose30-week trendFair Value
2023-10-060.15610.16620.13
2023-10-130.15610.16690.1303
2023-10-200.15170.16760.1307
2023-10-270.14740.16820.131
2023-11-030.14740.16860.1312
2023-11-100.15170.16840.1315
2023-11-170.15170.16790.1318
2023-11-240.15170.16690.132
2023-12-010.14740.16570.1323
2023-12-080.1430.1650.1325
2023-12-150.14090.16410.1327
2023-12-220.14530.16360.1329
2023-12-290.14530.16320.133
2024-01-050.16730.16270.1334
2024-01-120.15850.16210.1336
2024-01-190.14970.16160.1339
2024-01-260.14970.16120.1341
2024-02-020.14090.15990.1343
2024-02-090.13650.15850.1345
2024-02-160.14530.15740.1346
2024-02-230.13650.15590.1348
2024-03-010.13650.15490.1349
2024-03-080.13650.15360.135
2024-03-150.13210.15220.135
2024-03-220.13650.15070.1352
2024-03-290.13650.14940.1352
2024-04-050.14530.14840.1354
2024-04-120.15410.14770.1356
2024-04-190.14970.14690.1354
2024-04-260.15410.14670.135
2024-05-030.15850.14680.1349
2024-05-100.15880.14690.1348
2024-05-170.14970.14680.1347
2024-05-240.15430.14710.1343
2024-05-310.15430.14730.1341
2024-06-070.15880.14750.1339
2024-06-140.16330.14790.1336
2024-06-210.16330.14830.1334
2024-06-280.16330.14880.1333
2024-07-050.16330.14950.1332
2024-07-120.16330.15030.133
2024-07-190.15880.15070.1328
2024-07-260.14520.15070.1326
2024-08-020.14060.14980.1324
2024-08-090.14520.14940.1321
2024-08-160.13610.14890.1318
2024-08-230.13610.14850.1315
2024-08-300.13610.14830.1313
2024-09-060.13610.14830.131
2024-09-130.13610.1480.1309
2024-09-200.14060.14810.131
2024-09-270.14060.14830.131
2024-10-040.14520.14850.1312
2024-10-110.14060.14880.1312
2024-10-180.14060.1490.1311
2024-10-250.14060.14910.1312
2024-11-010.14060.14890.1312
2024-11-080.13610.14830.1313
2024-11-150.14060.1480.1313
2024-11-220.13610.14740.1314
2024-11-290.13840.14680.1316
2024-12-060.1430.14620.1318
2024-12-130.14760.14620.132
2024-12-200.14760.1460.1322
2024-12-270.15230.14590.1325
2025-01-030.14760.14550.1326
2025-01-100.15230.14520.1329
2025-01-170.15230.14480.1331
2025-01-240.15230.14440.1334
2025-01-310.14760.14390.1336
2025-02-070.15230.14350.1339
2025-02-140.16150.14360.1342
2025-02-210.15690.1440.1346
2025-02-280.16150.14470.135
2025-03-070.15230.14490.1354
2025-03-140.1430.14520.1358
2025-03-210.15230.14570.1361
2025-03-280.14760.14610.1363
2025-04-040.15230.14660.1366
2025-04-110.13840.14670.1367
2025-04-180.14760.14690.137
2025-04-250.14760.14720.1372
2025-05-020.15690.14760.1374
2025-05-090.15230.14790.1377
2025-05-160.16180.14860.138
2025-05-230.14750.14890.1383
2025-05-300.15230.14930.1386
2025-06-060.14270.14950.1388
2025-06-130.14750.14970.1391
2025-06-200.14270.14990.1394
2025-06-270.14270.15010.1397
2025-07-040.14270.15010.1399
2025-07-110.14270.14990.1402
2025-07-180.1380.14960.1405
2025-07-250.13320.14890.1408
2025-08-010.13320.14850.141
2025-08-080.12850.14770.1413
2025-08-150.1380.14720.1416
2025-08-220.1380.14670.142
2025-08-290.1380.14640.1423
2025-09-050.13320.14580.1426
2025-09-120.13320.14480.1429
2025-09-190.13320.1440.1432
2025-09-260.1380.14330.1436
2025-10-030.14270.14290.144
2025-10-100.1380.14280.1442
2025-10-170.14270.14240.1446
2025-10-240.14270.14230.145
2025-10-310.15230.14230.1454
2025-11-070.15230.14270.1458
2025-11-140.1570.14310.1462
2025-11-210.15230.14320.1466
2025-11-280.14270.14270.1469
2025-12-050.14520.14250.1472
2025-12-120.14520.1420.1475
2025-12-190.14520.14190.1478
2025-12-260.14030.14150.148
2026-01-020.14520.14160.1483
2026-01-090.150.14160.1487
2026-01-160.16450.14240.1491
2026-01-230.15480.14280.1493
2026-01-300.15480.14320.1496
2026-02-060.150.14340.1499
2026-02-130.15480.1440.1501
2026-02-200.15480.14470.1503
2026-02-270.16450.14570.1507
2026-03-060.15970.14680.1508
2026-03-130.15970.14750.1509
2026-03-200.15970.14820.1511
2026-03-270.15970.14890.1513
2026-04-030.15970.14980.1514
2026-04-100.15480.15060.1514
2026-04-170.15480.15130.1513
2026-04-240.15480.15180.1512
2026-05-010.15970.15240.151
2026-05-080.15970.15310.151
2026-05-150.15480.15350.1509
2026-05-220.1550.15390.1509
2026-05-290.1650.15440.1509
2026-06-050.160.15460.1508
2026-06-120.1550.15450.1506
2026-06-190.160.15480.1506
2026-06-260.1550.15520.1506
2026-07-030.1550.15550.1504
2026-07-100.160.1560.1503
2026-07-170.1550.15640.1501
2026-07-240.160.1570.15
2026-07-310.160.15750.15
2026-08-070.150.15750.1498
2026-08-140.150.1570.1496
2026-08-210.150.15690.1494
2026-08-280.1450.15650.1493
2026-09-040.1450.15640.1491
2026-09-110.1450.1560.1489
2026-09-180.1450.15570.1487
2026-09-250.1450.15510.1486
4-week return 0.0%
13-week return -6.5%
26-week return -9.2%
52-week return 5.1%
From 52-week high -14.4%
26-week volatility 19.3%
02 · Wave count

How the wave count fits

The chart uses a 10.0% closing-price reversal threshold. Filled markers are confirmed pivots; the outlined final marker is still forming.

Scenario comparison

Compare the possible patterns

Possible bearish Wave 2 crestPrimary swing size · Leading100%
Weights compare the displayed patterns; they are not probabilities. The same pattern can appear at different swing sizes.
Leading wave count

Possible bearish Wave 2 crest

100% 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 0.145 Fails above 0.165 Count stability Moderate · 68/100
Wave rules and proportions
PassWave 2 protects the Wave 1 originOrigin 0.165; Wave 2 0.145.
GuidelineWave 2 retracement is proportionateRetraced 0% of Wave 1.
Strategic degreeNo valid count

Strategic degree uses a 16.0% weekly closing-price reversal threshold.

Primary degreePossible bearish Wave 2 crest

Primary degree uses a 10.0% weekly closing-price reversal threshold.

Tactical degreeNo valid count

Tactical degree uses a 7.0% weekly closing-price reversal threshold.

Active swing 0.0%

4 weeks · Forming

Nearest confirmed support 0.1403

Pivot from 2025-12-26

Nearest confirmed resistance 0.165

Pivot from 2026-05-29

30-week trend 0.1551

Price is -6.5% from trend

Fair Value reference 0.1486

Price is -2.4% from Fair Value

52-week range position 22%

0.138 low · 0.1694 high

03 · Supporting evidence

Where the evidence agrees or disagrees

6 of 7 available readings support the downward wave interpretation; 0 lean against it. Agreement adds context, but does not guarantee the next move.

86% directional agreement

The other readings support this direction. 6 readings support the selected direction; 0 lean against it.

Trend

Price remains below its 30-week trend.

6.5% 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

Underperforming its benchmark

-4.1
Market activity

Participation is weak

-16.2
Market dynamics

Price and volume behaviour is weak

-1.5
30-week momentum

Medium-term momentum is negative

-11.9
Balance of readings Defensive

0 constructive, 6 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 supports the downward wave view.

Relative strength

Performance against the market benchmark.

Underperforming its benchmark. This supports the downward wave view.

30-week momentum

The pace of the medium-term price move.

Medium-term momentum is negative. This supports the downward wave view.

Market dynamics

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

Price and volume behaviour is weak. This supports the downward 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

50/100 constructive · 50/100 risk

Estimated next low12 weeks

Timing estimate, not a dated forecast

Estimated next high7 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 / 11w
Current phaseTroughing
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough3w
Possible next low4–12w
Typical / observed cycle20w / 15w
Current phaseTroughing
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough3w
Possible next low9–15w
Typical / observed cycle40w / 50w
Current phaseFalling
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough18w
Possible next low22–42w
Typical / observed cycle80w / 94w
Current phaseCresting
Repeat score0/100
Price-cross check (FLD)Crossed Down
Since last trough49w
Possible next low27–63w
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 27.0% below the highest weekly close in the stored history. It is 14.4% 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 50/100.

  • Count instability

    The primary interpretation has moderate recent stability.

Downside risk check

Contained

22/100
Wave maturity0/25
Trend extension0/20
Range position0/15
Cycle rollover11/15
Multi-cycle risk8/15
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 low0.138
52-week high0.1694
Annualised volatility19.3%

Based on the latest 26 weekly returns

Average weekly range1.3%

Average high-to-low range over 13 weeks

Current drawdown-27.0%

From the highest close in the stored record

Latest volume125%

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.

14% constructive

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

23% 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 weeks62239%0.0%-0.8%-13.5% to 14.3%
13 weeks23138%-2.0%-2.5%-23.6% to 28.6%
26 weeks12844%-2.3%-4.7%-34.0% to 29.2%
07 · History

What happened after similar readings

After similar readings, the middle 4-week return was +0.0% across 62 completed outcomes. The range below shows how far individual outcomes differed. Overlapping weeks are not independent tests of this wave count.

63 similar weekly states

Typical return after a match

Median outcome after each matching historical week.

4w
0.0%
13w
8.4%
26w
11.9%
HorizonMatchesPositiveMedianRange
4 weeks 62 47% 0.0% -13.9% to 17.0%
13 weeks 58 72% 8.4% -10.0% to 26.3%
26 weeks 58 86% 11.9% -6.3% to 70.0%

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 2026-09-25 · 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 10.0% 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
2024-03-15 Confirmed Low 0.1321 -21.1% 10 weeks
2024-07-12 Confirmed High 0.1633 23.6% 17 weeks
2024-11-22 Confirmed Low 0.1361 -16.7% 19 weeks
2025-02-28 Confirmed High 0.1615 18.6% 14 weeks
2025-04-11 Confirmed Low 0.1384 -14.3% 6 weeks
2025-05-16 Confirmed High 0.1618 16.9% 5 weeks
2025-08-08 Confirmed Low 0.1285 -20.6% 12 weeks
2025-11-14 Confirmed High 0.157 22.2% 14 weeks
2025-12-26 Confirmed Low 0.1403 -10.6% 6 weeks
2026-05-29 Confirmed High 0.165 17.6% 22 weeks
2026-08-28 Confirmed Low 0.145 -12.1% 13 weeks
2026-09-25 Forming High 0.145 0.0% 4 weeks

Chart guide

Evidence context