Weekly structural research ยท KLS ยท Healthcare

0005 Stage Analysis

UCrest Berhad

Week ending 2 Oct 2026Close MYR 0.06Tenure DevelopingBenchmark ^KLSE
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Balance ยท Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

  • The Trend gate is down within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and expanding.
Direction -56โˆ’100 bearish to +100 bullish
Energy 48/100directional strength
Maturity 30/100lifecycle context
Confidence 80/100evidence agreement
Trend gate Downstructural direction
Activity structure Moderateexpanding separation
Price acceptance -66.7%position within the Activity structure
Fair Value context -40.0%MYR 0.10 ยท improving
Trend Architecture map ยท Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value
Background stage key
  • BalanceDirection is contained.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-020.060.0648-10.581755500Balance-5648
2026-09-250.060.0652-13.255779600Balance-5644
2026-09-180.060.0655-13.361912700Balance-5434
2026-09-110.060.0657-14.767197800Balance-4520
2026-09-040.070.0658-2.163216600Balance2320
2026-08-280.0650.0658-10.234721700Balance-116
2026-08-210.0650.066-10.92487800Balance24
2026-08-140.070.0663-3.856971000Balance1710
2026-08-070.0650.0665-11.30112900Balance-1610
2026-07-310.0650.0668-11.053937700Balance-1511
2026-07-240.0650.067-10.264130300Balance-2215
2026-07-170.070.0672-5.373977200Balance-1313
2026-07-100.0650.0672-10.404922200Downward Expansion-3016
2026-07-030.0650.0675-10.291951800Downward Expansion-3516
2026-06-260.0650.068-10.451512200Downward Expansion-4926
2026-06-190.0650.0682-13.6530000Downward Expansion-5344
2026-06-120.060.0685-19.72530200Downward Expansion-5651
2026-06-050.060.0692-21.11117600Downward Expansion-5846
2026-05-290.060.0698-21.5411089900Downward Expansion-5532
2026-05-220.0650.0707-17.545007200Downward Expansion-4521
2026-05-150.0650.0713-19.6426455600Downward Expansion-3414
2026-05-080.070.072-14.7815769500Downward Expansion-2513
2026-05-010.0650.073-20.476907700Downward Expansion-3716
2026-04-240.070.0735-15.2021799400Downward Expansion-3214
2026-04-170.070.0737-14.8124269800Downward Expansion-3922
2026-04-100.0650.0737-21.5121539700Downward Expansion-5333
2026-04-030.0650.0738-22.5225369500Downward Expansion-5538
2026-03-270.0650.074-24.1312440200Downward Expansion-5735
2026-03-200.0650.074-25.2916744900Downward Expansion-5935
2026-03-130.0650.0742-25.1417468200Downward Expansion-6239
2026-03-060.070.0743-21.117632000Downward Expansion-5445
2026-02-270.070.0743-21.843726600Downward Expansion-5655
2026-02-200.0650.0745-29.434885900Downward Expansion-6561
2026-02-130.0650.0747-29.556761200Balance-6753
2026-02-060.070.075-24.54794800Balance-2717
2026-01-300.070.0753-25.573290100Balance-1810
2026-01-230.0750.076-19.882382000Downward Expansion-2814
2026-01-160.0750.0767-20.193860900Downward Expansion-4226
2026-01-090.0750.0772-19.523136300Downward Expansion-4339
2026-01-020.070.0778-24.762406400Balance-4738
2025-12-260.070.0787-25.821763900Balance-4728
2025-12-190.070.0797-25.903551100Balance-4730
2025-12-120.0750.0805-19.984947700Balance-3824
2025-12-050.080.0813-14.172278100Balance-3324
2025-11-280.070.082-24.814872700Balance-5033
2025-11-210.0750.083-20.842353800Balance-3721
2025-11-140.080.0838-16.695437000Balance-2011
2025-11-070.080.0845-16.896028800Rotation Up-713
2025-10-310.0850.085-11.854009200Rotation Up1832
2025-10-240.0850.0855-12.616369600Rotation Up1833
2025-10-170.0850.086-12.9649633000Rotation Up-226
2025-10-100.100.08650.7233159600Rotation Up2129
2025-10-030.080.0865-20.664841500Downward Expansion-3621
2025-09-260.0750.0873-25.1311933500Downward Expansion-4433
2025-09-190.070.088-30.202143700Downward Expansion-5947
2025-09-120.070.089-30.95731300Downward Expansion-6150
2025-09-050.070.09-30.532190600Downward Expansion-6457
2025-08-290.0650.0912-35.973712700Downward Expansion-7468
2025-08-220.070.0922-32.626522500Downward Expansion-6765
2025-08-150.070.0933-32.313060700Downward Expansion-6975
2025-08-080.070.0943-32.053290500Downward Expansion-7279
2025-08-010.0750.0957-26.854671500Downward Expansion-6575
2025-07-250.070.097-32.366058200Downward Expansion-7877
2025-07-180.0750.0982-28.0717006400Downward Expansion-7466
2025-07-110.080.0993-24.6223983800Balance-7158
2025-07-040.090.1003-17.0543983900Balance-5641
2025-06-270.0950.101-11.9526579700Balance-5038
2025-06-200.090.1017-15.6921209700Balance-5840
2025-06-130.0950.1025-12.6528348600Balance-4930
2025-06-060.0950.103-13.1526308200Balance-4824
2025-05-300.100.1038-8.3424938600Balance-4018
2025-05-230.0950.1043-14.5220497000Balance-4721
2025-05-160.100.1053-12.3214654700Balance-3013
2025-05-090.100.1062-11.0614802800Balance-3214
2025-05-020.100.1075-10.9324129500Downward Expansion-4522
2025-04-250.100.1085-9.0728664300Downward Expansion-4724
2025-04-180.100.1092-8.4831253900Downward Expansion-5026
2025-04-110.0950.11-10.3426956600Downward Expansion-5730
2025-04-040.100.1107-8.939850500Downward Expansion-4123
2025-03-280.100.1115-9.6816697400Downward Expansion-4122
2025-03-210.100.1122-9.2430524300Downward Expansion-5330
2025-03-140.100.1128-9.6929229700Downward Expansion-5332
2025-03-070.1050.1135-7.3627969700Downward Expansion-5435
2025-02-280.0950.1143-17.656632900Downward Expansion-6947
2025-02-210.100.1155-14.389186400Downward Expansion-6350
2025-02-140.100.117-14.671405100Downward Expansion-6561
2025-02-070.1050.1185-10.652317800Downward Expansion-6164
2025-01-310.0950.1203-17.681306000Downward Expansion-8072
2025-01-240.1050.122-10.7810069300Downward Expansion-6141
2025-01-170.100.123-15.154949600Downward Expansion-7654
2025-01-100.110.1245-9.226347700Downward Expansion-5736
2025-01-030.1150.1255-7.663174500Downward Expansion-5638
2024-12-270.1050.1257-16.471209600Downward Expansion-6854
2024-12-200.110.1258-11.474516700Downward Expansion-6147
2024-12-130.110.126-13.307521100Downward Expansion-6253
2024-12-060.110.1262-14.402394600Downward Expansion-6562
2024-11-290.1150.1262-10.306989400Downward Expansion-5860
2024-11-220.1150.126-10.775594300Balance-6061
2024-11-150.110.1257-15.6913257300Balance-4049
2024-11-080.120.1253-10.654863700Balance-2427
2024-11-010.1150.1252-14.3216079300Balance-3013
2024-10-250.1250.1252-8.6510916300Deceleration2617
2024-10-180.1250.1245-11.0133489200Deceleration2617
2024-10-110.140.1238-0.6625108700Deceleration4525
2024-10-040.130.1227-8.3529064500Deceleration2113
2024-09-270.120.1218-17.7313920300Deceleration-1615
2024-09-200.1250.1213-15.699810400Deceleration-1417
2024-09-130.1150.121-22.428077300Deceleration-2223
2024-09-060.1250.121-16.5011841200Deceleration616
2024-08-300.120.1208-21.8114754900Deceleration317
2024-08-230.120.1217-20.616797600Deceleration1220
2024-08-160.120.1222-21.0410964800Deceleration1919
2024-08-090.130.1223-14.1730289300Upward Expansion3821
2024-08-020.130.1235-15.8632577700Upward Expansion5639
2024-07-260.1450.1247-6.8817218900Rotation Up6261
2024-07-190.1450.1252-8.3554824900Rotation Up3756
2024-07-120.160.12572.0169808500Rotation Up5774
2024-07-050.1450.1257-7.1020204300Rotation Up4567
2024-06-280.1350.126-12.4428404700Rotation Up2454
2024-06-210.1450.1267-6.1535607800Balance4156
2024-06-140.140.1275-10.1997061900Balance1926
2024-06-070.120.1285-23.6214913600Balance-1113
2024-05-310.110.1302-29.199131400Downward Expansion-2716
2024-05-240.1150.1322-27.2217093400Downward Expansion-3620
2024-05-170.1150.134-27.1516100600Downward Expansion-4128
2024-05-100.110.1362-29.6015586800Downward Expansion-5545
2024-05-030.110.1385-29.188852500Downward Expansion-4536
2024-04-260.1050.1407-31.939224800Downward Expansion-5941
2024-04-190.100.143-34.2512905800Downward Expansion-5841
2024-04-120.1150.1455-24.695072600Downward Expansion-4634
2024-04-050.1150.1472-24.7821336000Downward Expansion-5943
2024-03-290.1050.1492-30.3210439200Downward Expansion-6352
2024-03-220.1050.1517-30.5811677900Downward Expansion-6760
2024-03-150.1050.1547-31.0946343600Downward Expansion-6967
2024-03-080.1050.158-30.609671300Downward Expansion-7179
2024-03-010.1050.161-30.5419121000Downward Expansion-7782
2024-02-230.1150.163-24.4333429500Downward Expansion-7173
2024-02-160.1150.1638-23.6841861400Downward Expansion-7576
2024-02-090.120.1647-19.2981913600Downward Expansion-7576
2024-02-020.1450.1653-2.7243358300Downward Expansion-5661
2024-01-260.1350.1648-8.5472980000Balance-6760
2024-01-190.1250.1647-13.97128821200Balance-4939
2024-01-120.1650.164313.8194931700Balance-77
2024-01-050.1650.163214.6358995900Deceleration-2116
2023-12-290.160.161514.2055774100Deceleration-2530
2023-12-220.160.1614.8381748400Deceleration-1735
2023-12-150.160.158214.8578557800Deceleration227
2023-12-080.1550.156213.5773565400Deceleration-523
2023-12-010.1550.154513.2885194200Deceleration-411
2023-11-240.170.153225.6389549800Deceleration2012
2023-11-170.170.151526.7093051900Deceleration2214
2023-11-100.170.149329.6374673600Deceleration2515
2023-11-030.170.146830.7775175000Deceleration3722
2023-10-270.170.144233.0589447300Deceleration4828
2023-10-200.180.141742.6977152600Deceleration5333
2023-10-130.180.13944.26122856600Deceleration4330
Price vs TrendBelow-7.5%
Trend directionFalling-3.2%
Price vs current Fair ValueBelow anchor-40.0%
Fair Value directionClosing upward+0.3%
Relative Strength vs benchmarkLagging-10.6%
Relative strength directionWeakening-0.3%
Price momentumNegative-7.7%
Volume balanceDemand-led1.20ร—
Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-56 / ยฑ100

-78.6 points since 2026-09-04

Energy

48 /100

+28.1 points since 2026-09-04

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance37
Rotation Up13
Upward Expansion10
Deceleration38
Rotation Down67
Downward Expansion84

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind todayโ€™s regime

2023-10-13 to 2026-10-02 ยท 156 classified observations out of 156 shown.

Balance 28%Rotation Up 6%Upward Expansion 1%Deceleration 15%Downward Expansion 49%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Balance2026-07-172026-10-02Developing-14.3%
Downward Expansion2026-02-202026-07-10Established+0.0%
Balance2026-01-302026-02-13New-7.1%
Downward Expansion2026-01-092026-01-23New+0.0%
Balance2025-11-142026-01-02Developing-12.5%
Rotation Up2025-10-102025-11-07Developing-20.0%
Downward Expansion2025-07-182025-10-03Developing+6.7%
Balance2025-05-092025-07-11Developing-20.0%
Downward Expansion2024-11-292025-05-02Established-13.0%
Balance2024-11-012024-11-22New+0.0%
Deceleration2024-08-162024-10-25Developing+4.2%
Upward Expansion2024-08-022024-08-09New+0.0%
Rotation Up2024-06-282024-07-26Developing+7.4%
Balance2024-06-072024-06-21New+20.8%
Classic Stage Analysis comparison
Stage 1 ยท Basing67
Stage 2 ยท Advancing3
Stage 3 ยท Distribution18
Stage 4 ยท Declining97

Legacy result: Stage 4 ยท Stage 4A ยท Breakdown. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^KLSE

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation
77/100
Current Relative Strength
-10.58
Relative Strength direction
Weakening
Price momentum
-7.7%
Excess performance vs benchmark
-3.9%
Healthcare regime cohort
67th percentile6 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.51ร—

Latest completed volume relative to typical participation.

Up/down volume1.20ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 2

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+75.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity MYR 0.0607falling
Slow Activity MYR 0.0643falling
Trend Reference MYR 0.0648-7.5% close margin
Current Fair Value MYR 0.10-40.0% close margin
Structural low MYR 0.055shock / repair context
What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +12.2%
Annualized volatility +41.4%
From structural high -40.0%
From structural low +9.1%
Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon Samples Median movePositive periodsDirectional follow-through Median excess vs ^KLSE Regime survived Read
Near term19+0.0%-27.3% to +35.3%+26.3%+26.3%-3.0%+52.6%Usable descriptive sample
Intermediate10-8.7%-36.7% to +52.2%+40.0%+40.0%-7.2%+20.0%Usable descriptive sample
Extended7-13.0%-53.3% to +70.0%+28.6%+28.6%-11.9%+14.3%Usable descriptive sample
Full cycle4-31.7%-76.7% to +100.0%+25.0%+25.0%-42.1%+0.0%Too little matched history
Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

Evidence context