KLS · Healthcare · Weekly analysis

0005Wave & cycle analysis

UCrest Berhad

Latest close MYR 0.06 Week ending 2 Oct 2026 History 276 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.

42/100 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 countA/B/C reset may be completing

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

Other readingsThe other readings point the other way

7 of 7 available readings lean against the upward wave interpretation; 0 support it. The pattern and current market behaviour do not yet agree.

Main uncertaintyLow count stability

The leading count changed 4 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 ending	Close	30-week trend	Fair Value
2023-10-13	0.18	0.139	0.1722
2023-10-20	0.18	0.1417	0.1725
2023-10-27	0.17	0.1442	0.1727
2023-11-03	0.17	0.1468	0.1728
2023-11-10	0.17	0.1493	0.1729
2023-11-17	0.17	0.1515	0.1729
2023-11-24	0.17	0.1532	0.173
2023-12-01	0.155	0.1545	0.173
2023-12-08	0.155	0.1562	0.173
2023-12-15	0.16	0.1582	0.1731
2023-12-22	0.16	0.16	0.1732
2023-12-29	0.16	0.1615	0.1732
2024-01-05	0.165	0.1632	0.1734
2024-01-12	0.165	0.1643	0.1735
2024-01-19	0.125	0.1647	0.1734
2024-01-26	0.135	0.1648	0.1733
2024-02-02	0.145	0.1653	0.1733
2024-02-09	0.12	0.1647	0.1731
2024-02-16	0.115	0.1638	0.1727
2024-02-23	0.115	0.163	0.1725
2024-03-01	0.105	0.161	0.1722
2024-03-08	0.105	0.158	0.1718
2024-03-15	0.105	0.1547	0.1711
2024-03-22	0.105	0.1517	0.1703
2024-03-29	0.105	0.1492	0.1694
2024-04-05	0.115	0.1472	0.1685
2024-04-12	0.115	0.1455	0.167
2024-04-19	0.10	0.143	0.1646
2024-04-26	0.105	0.1407	0.1623
2024-05-03	0.11	0.1385	0.1608
2024-05-10	0.11	0.1362	0.1596
2024-05-17	0.115	0.134	0.158
2024-05-24	0.115	0.1322	0.1561
2024-05-31	0.11	0.1302	0.1544
2024-06-07	0.12	0.1285	0.1528
2024-06-14	0.14	0.1275	0.1513
2024-06-21	0.145	0.1267	0.1503
2024-06-28	0.135	0.126	0.1491
2024-07-05	0.145	0.1257	0.148
2024-07-12	0.16	0.1257	0.1468
2024-07-19	0.145	0.1252	0.1456
2024-07-26	0.145	0.1247	0.1446
2024-08-02	0.13	0.1235	0.1434
2024-08-09	0.13	0.1223	0.1423
2024-08-16	0.12	0.1222	0.1411
2024-08-23	0.12	0.1217	0.1399
2024-08-30	0.12	0.1208	0.1385
2024-09-06	0.125	0.121	0.1373
2024-09-13	0.115	0.121	0.1361
2024-09-20	0.125	0.1213	0.1351
2024-09-27	0.12	0.1218	0.1343
2024-10-04	0.13	0.1227	0.1335
2024-10-11	0.14	0.1238	0.1328
2024-10-18	0.125	0.1245	0.1321
2024-10-25	0.125	0.1252	0.1313
2024-11-01	0.115	0.1252	0.1307
2024-11-08	0.12	0.1253	0.1303
2024-11-15	0.11	0.1257	0.1298
2024-11-22	0.115	0.126	0.1294
2024-11-29	0.115	0.1262	0.1289
2024-12-06	0.11	0.1262	0.1284
2024-12-13	0.11	0.126	0.1279
2024-12-20	0.11	0.1258	0.1275
2024-12-27	0.105	0.1257	0.1272
2025-01-03	0.115	0.1255	0.1267
2025-01-10	0.11	0.1245	0.1262
2025-01-17	0.10	0.123	0.1257
2025-01-24	0.105	0.122	0.1253
2025-01-31	0.095	0.1203	0.1248
2025-02-07	0.105	0.1185	0.1243
2025-02-14	0.10	0.117	0.1238
2025-02-21	0.10	0.1155	0.1234
2025-02-28	0.095	0.1143	0.1231
2025-03-07	0.105	0.1135	0.1229
2025-03-14	0.10	0.1128	0.1226
2025-03-21	0.10	0.1122	0.1224
2025-03-28	0.10	0.1115	0.1221
2025-04-04	0.10	0.1107	0.1216
2025-04-11	0.095	0.11	0.1212
2025-04-18	0.10	0.1092	0.1208
2025-04-25	0.10	0.1085	0.1206
2025-05-02	0.10	0.1075	0.1204
2025-05-09	0.10	0.1062	0.1202
2025-05-16	0.10	0.1053	0.1198
2025-05-23	0.095	0.1043	0.1196
2025-05-30	0.10	0.1038	0.1194
2025-06-06	0.095	0.103	0.1192
2025-06-13	0.095	0.1025	0.119
2025-06-20	0.09	0.1017	0.1188
2025-06-27	0.095	0.101	0.1187
2025-07-04	0.09	0.1003	0.1186
2025-07-11	0.08	0.0993	0.1186
2025-07-18	0.075	0.0982	0.1184
2025-07-25	0.07	0.097	0.1181
2025-08-01	0.075	0.0957	0.118
2025-08-08	0.07	0.0943	0.1179
2025-08-15	0.07	0.0933	0.1177
2025-08-22	0.07	0.0922	0.1176
2025-08-29	0.065	0.0912	0.1175
2025-09-05	0.07	0.09	0.1175
2025-09-12	0.07	0.089	0.1175
2025-09-19	0.07	0.088	0.1175
2025-09-26	0.075	0.0873	0.1177
2025-10-03	0.08	0.0865	0.1178
2025-10-10	0.10	0.0865	0.1179
2025-10-17	0.085	0.086	0.1179
2025-10-24	0.085	0.0855	0.1178
2025-10-31	0.085	0.085	0.1178
2025-11-07	0.08	0.0845	0.1177
2025-11-14	0.08	0.0838	0.1177
2025-11-21	0.075	0.083	0.1177
2025-11-28	0.07	0.082	0.1175
2025-12-05	0.08	0.0813	0.1174
2025-12-12	0.075	0.0805	0.1171
2025-12-19	0.07	0.0797	0.1168
2025-12-26	0.07	0.0787	0.1164
2026-01-02	0.07	0.0778	0.1161
2026-01-09	0.075	0.0772	0.1158
2026-01-16	0.075	0.0767	0.1156
2026-01-23	0.075	0.076	0.1154
2026-01-30	0.07	0.0753	0.1151
2026-02-06	0.07	0.075	0.1148
2026-02-13	0.065	0.0747	0.1145
2026-02-20	0.065	0.0745	0.1142
2026-02-27	0.07	0.0743	0.114
2026-03-06	0.07	0.0743	0.1138
2026-03-13	0.065	0.0742	0.1136
2026-03-20	0.065	0.074	0.1133
2026-03-27	0.065	0.074	0.1131
2026-04-03	0.065	0.0738	0.113
2026-04-10	0.065	0.0737	0.1128
2026-04-17	0.07	0.0737	0.1126
2026-04-24	0.07	0.0735	0.1122
2026-05-01	0.065	0.073	0.1119
2026-05-08	0.07	0.072	0.1117
2026-05-15	0.065	0.0713	0.1115
2026-05-22	0.065	0.0707	0.1112
2026-05-29	0.06	0.0698	0.1109
2026-06-05	0.06	0.0692	0.1105
2026-06-12	0.06	0.0685	0.1101
2026-06-19	0.065	0.0682	0.1097
2026-06-26	0.065	0.068	0.1093
2026-07-03	0.065	0.0675	0.1089
2026-07-10	0.065	0.0672	0.1084
2026-07-17	0.07	0.0672	0.108
2026-07-24	0.065	0.067	0.1075
2026-07-31	0.065	0.0668	0.1069
2026-08-07	0.065	0.0665	0.106
2026-08-14	0.07	0.0663	0.1052
2026-08-21	0.065	0.066	0.1043
2026-08-28	0.065	0.0658	0.1036
2026-09-04	0.07	0.0658	0.1029
2026-09-11	0.06	0.0657	0.1022
2026-09-18	0.06	0.0655	0.1015
2026-09-25	0.06	0.0652	0.1008
2026-10-02	0.06	0.0648	0.10

4-week return -14.3%

13-week return -7.7%

26-week return -7.7%

52-week return -25.0%

From 52-week high -40.0%

26-week volatility 40.8%

Scenario playbook

What would strengthen—or change—the view?

Start with the price condition. Then check the supporting evidence and the alternative count.

Direction holds

Wait for price confirmation

Above MYR 0.07

The count needs a weekly close beyond this reference, with supporting price and cycle evidence.

No decision yet

Timing arrives; price does not turn

A projected window can pass without a reversal. Keep the count provisional if price has not confirmed; review the alternative count and the longer cycle.

Count fails

Know what changes the view

Below MYR 0.06

This is a forming correction endpoint and can move. Use the earlier confirmed swings for wider context.

Does the interpretation survive a different swing size?

1 of 3 available degrees share the leading direction. These are different views of the same price series.

Strategic · 24.0% reversalPossible bearish Wave 3 declining

69/100 pattern fit

Primary · 16.0% reversalA/B/C reset may be completing

58/100 pattern fit · agrees with leading direction

Tactical · 11.2% reversalPossible bearish Wave 2 crest

58/100 pattern fit

02 · Wave count

How the wave count fits

The chart uses a 16.0% 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 · Leading21%

Possible bearish Wave 3 decliningStrategic swing size53%

A/B/C reset may be completingStrategic swing size25%

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

21% 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 0.07 Fails below 0.06 Count stability Low · 36/100

Wave rules and proportions

PassWave B protects the correction originOrigin 0.10; Wave B 0.07.

PassWave C moves in the direction of Wave AA length 0.04; C length 0.01.

GuidelineWave C is proportionate to Wave AWave C is 0.25× Wave A.

Strategic degreePossible bearish Wave 3 declining

Strategic degree uses a 24.0% weekly closing-price reversal threshold.

Primary degreeA/B/C reset may be completing

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

Tactical degreePossible bearish Wave 2 crest

Tactical degree uses a 11.2% weekly closing-price reversal threshold.

Active swing -14.3%

11 weeks · Forming

Nearest confirmed support -

No lower pivot in the current window

Nearest confirmed resistance 0.07

Pivot from 2026-07-17

30-week trend 0.0648

Price is -7.5% from trend

Fair Value reference 0.10

Price is -40.0% from Fair Value

52-week range position 11%

0.055 low · 0.10 high

03 · Supporting evidence

Where the evidence agrees or disagrees

7 of 7 available readings lean against the upward wave interpretation; 0 support it. The pattern and current market behaviour do not yet agree.

100% directional agreement

The other readings point the other way. 0 readings support the selected direction; 7 lean against it.

Trend

Price remains below its 30-week trend.

7.5% 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

-10.6

Market activity

Participation is weak

-14.0

Market dynamics

Price and volume behaviour is weak

-0.4

30-week momentum

Medium-term momentum is negative

-14.3

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. This challenges the upward wave view.

Relative strength

Performance against the market benchmark.

Underperforming its benchmark. This challenges the upward wave view.

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.

Possible turning intervals

The timing map.

Estimated from 2 Oct 2026. Bands show model uncertainty, not confidence intervals or guaranteed turning dates.

Trough window Crest window

Now+72 weeks

10w bandEstimated 12w · Falling

No measurable positive repeat

0/100Repeat fit · 23.0 cycles of history

20w bandEstimated 15w · Falling

No measurable positive repeat

0/100Repeat fit · 18.4 cycles of history

40w bandEstimated 45w · Falling

21/100Repeat fit · 6.1 cycles of history

Trough: 25 Dec–2 Apr 2027 (+12–26w)Crest: 28 May–3 Sep 2027 (+34–48w)

80w bandEstimated 60w · Falling

6/100Repeat fit · 4.6 cycles of history

Trough: 30 Apr–12 Nov 2027 (+30–58w)Crest: 6 Aug–18 Feb 2028 (+44–72w)

The best nearby repeat is selected from the same sample being described. Its fit is not an out-of-sample forecast score. When fewer than two estimated cycles are available the recent weekly history has gaps, or no positive repeat is measured, timing windows are withheld.

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

Cycle repeat scores range from 0 to 21/100. 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 rising alignment · 100/100 falling alignment

Estimated next low19 weeks

Timing estimate, not a dated forecast

Estimated next high41 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 trough1w

Possible next low-

Typical / observed cycle20w / 15w

Current phaseFalling

Repeat score0/100

Price-cross check (FLD)Crossed Down

Since last trough8w

Possible next low-

Typical / observed cycle40w / 45w

Current phaseFalling

Repeat score21/100

Price-cross check (FLD)Crossed Down

Since last trough26w

Possible next low12–26w

Typical / observed cycle80w / 60w

Current phaseFalling

Repeat score6/100

Price-cross check (FLD)Crossed Down

Since last trough16w

Possible next low30–58w

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 82.4% below the highest weekly close in the stored history. It is 40.0% 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 low recent stability.

Downside risk check

Watch

32/100

Wave maturity0/25

Trend extension0/20

Range position0/15

Cycle rollover11/15

Multi-cycle risk15/15

Count instability6/10

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 low0.055

52-week high0.10

Annualised volatility40.8%

Based on the latest 26 weekly returns

Average weekly range10.7%

Average high-to-low range over 13 weeks

Current drawdown-82.4%

From the highest close in the stored record

Latest volume51%

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.

35% constructive

8 of 23 analysed peers have a leading upward wave pattern.

39% 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 horizon	Non-overlapping samples	Positive	Median	Median excess vs ^KLSE	Middle 80% of returns
4 weeks	636	40%	0.0%	-0.6%	-9.5% to 8.3%
13 weeks	234	44%	-0.8%	-1.7%	-19.1% to 18.0%
26 weeks	132	42%	-2.0%	-3.2%	-27.1% to 17.2%

07 · History

What happened after similar readings

After similar readings, the middle 4-week return was +0.0% across 104 completed outcomes. The range below shows how far individual outcomes differed. Overlapping weeks are not independent tests of this wave count.

104 similar weekly states

Typical return after a match

Median outcome after each matching historical week.

0.0%

13w

0.0%

26w

-7.1%

Horizon	Matches	Positive	Median	Range
4 weeks	104	34%	0.0%	-31.3% to 63.6%
13 weeks	103	36%	0.0%	-26.3% to 127.3%
26 weeks	95	34%	-7.1%	-33.3% to 94.4%

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

Elliott impulse rules ↗ · Hurst price confirmation ↗

Model ewc-2.2.0 · as of 2026-10-02 · the last swing is provisional; adaptive thresholds and cycle periods can revise earlier labels between reports.

How the count is built

Rules and data notes

Swing points use weekly closes and a 16.0% 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.
These close-based impulse and A/B/C candidates do not exhaustively classify diagonals, triangles or complex corrections. Counts and historical cycle curves can be revised when adaptive thresholds or estimated periods change.
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. This is the current reconstruction; it is not a saved history of earlier published labels.

Date	Status	Type	Price	Move	Duration
2024-01-12	Confirmed	High	0.165	-	0 weeks
2024-01-19	Confirmed	Low	0.125	-24.2%	1 weeks
2024-02-02	Confirmed	High	0.145	16.0%	2 weeks
2024-04-19	Confirmed	Low	0.10	-31.0%	11 weeks
2024-07-12	Confirmed	High	0.16	60.0%	12 weeks
2024-09-13	Confirmed	Low	0.115	-28.1%	9 weeks
2024-10-11	Confirmed	High	0.14	21.7%	4 weeks
2025-08-29	Confirmed	Low	0.065	-53.6%	46 weeks
2025-10-10	Confirmed	High	0.10	53.8%	6 weeks
2026-06-12	Confirmed	Low	0.06	-40.0%	35 weeks
2026-07-17	Confirmed	High	0.07	16.7%	5 weeks
2026-10-02	Forming	Low	0.06	-14.3%	11 weeks

Follow the evidence

Test the view in related research.

Compare the same market from another angle. Shared price inputs can agree without providing independent confirmation.

0005Wave & cycle analysis

A pullback is being tested

The pattern and the prices to watch

Weekly price and wave pattern

What would strengthen—or change—the view?

Wait for price confirmation

Timing arrives; price does not turn

Know what changes the view

Does the interpretation survive a different swing size?

How the wave count fits

Compare the possible patterns

A/B/C reset may be completing

Where the evidence agrees or disagrees

Market activity

Relative strength

30-week momentum

Market dynamics

What cycle timing adds

The timing map.

Cycle pressure

Shorter and longer cycles

Risk behind the price move

How much room price has to move

Largest contributors to the risk score

Watch

Drawdown history

Realised volatility

Relative volume

Sector trends and upcoming events

35% constructive

Event information is limited

What happened after similar readings

Typical return after a match

Rules and data notes

Recent swing points

Test the view in related research.

Chart guide

Send a message

Evidence context

The pattern and the prices to watch

Weekly price and wave pattern

What would strengthen—or change—the view?

Wait for price confirmation

Timing arrives; price does not turn

Know what changes the view

Does the interpretation survive a different swing size?

How the wave count fits

Compare the possible patterns

A/B/C reset may be completing

Where the evidence agrees or disagrees

Market activity

Relative strength

30-week momentum

Market dynamics

What cycle timing adds

The timing map.

Cycle pressure

Shorter and longer cycles

Risk behind the price move

How much room price has to move

Largest contributors to the risk score

Watch

Drawdown history

Realised volatility

Relative volume

Sector trends and upcoming events

35% constructive

Event information is limited

What happened after similar readings

Typical return after a match

Rules and data notes

Recent swing points

Test the view in related research.

Stage Analysis ↗

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗