JNB · Industrials

WBO Elliott Wave Cycles

Wilson Bayly Holmes-Ovcon Limited

Week Ending
17 Jul 2026
O
166.29
H
172.36
L
165.26
C
165.85
Possible Wave 4 still forming 35 confidence
How To Read This Page

From Structure To Opportunity

Open Terminal Chart
Start With The Price Chart

The top panel shows the weekly share price against trend and Fair Value. The wave labels are a map of the current swing structure, not a promise of what comes next.

Then Check Timing

Cycle Pressure and Hurst Rhythm help you judge whether the share is acting as if pressure is building, easing, or lining up into a more useful window.

Look For Agreement

Market Activity, Market Dynamics, Relative Strength, and Rate of Change are confirmation panels. Cleaner agreement means the setup deserves more research time.

Cycle PhaseFalling
Hurst RhythmFalling Stack
Hurst Timing0
Hurst Risk100
Cycle Rhythm13w
Latest Close165.85
Pivot Reversal6.7%
Current Scenario

Scenario

35 confidence

Possible Wave 4 still forming. The count is a scenario map, not a forecast; the useful question is whether cycle timing and confirmation evidence agree with the structure.

  • Evidence is mixed; treat the count as a scenario rather than a signal.

Wave, Cycle, And Confirmation

Weekly close, trend, Fair Value, swing structure, cycle pressure, Hurst rhythm, Market Activity, Market Dynamics, Relative Strength, and Rate of Change.

Hurst Rhythm

Several market rhythms are shown together. The values are timing readings, not price targets.

Nearest trough window 7w · Nearest crest window 7w
Nominal Cycle Phase Value Amplitude Since Trough Trough Window
10w Falling -3.00 5.98 16w 4w
20w Falling -3.00 7.41 13w 7w
40w Falling -2.80 10.96 12w 12w
80w Falling -2.23 9.87 11w 11w

Recent Pivots

Recent turning points help describe the current swing structure.

220 shown · 340 warmed
Date Type Price Move Weeks
2023-07-07 High 11805.03 26.3% 6
2023-07-28 Low 10857.83 -8.0% 3
2024-09-27 High 23183.41 113.5% 61
2024-11-29 Low 20398.45 -12.0% 9
2024-12-13 High 22802.09 11.8% 2
2025-04-04 Low 16570.62 -27.3% 16
2025-04-25 High 19453.23 17.4% 3
2025-11-07 Low 14497.22 -25.5% 28
2026-02-27 High 21121.95 45.7% 16
2026-03-20 Low 14817.16 -29.8% 3
2026-05-08 High 17534.00 18.3% 7
2026-07-17 Low 165.85 -99.1% 10