Weekly structural research · KLS · Consumer Defensive

5135 Stage Analysis

Sarawak Plantation Berhad

Week ending 25 Sep 2026Close MYR 4.18Tenure ExtendedBenchmark ^KLSE

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Established expansion

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: moderate and contracting.

Direction 65−100 bearish to +100 bullish

Energy 57/100directional strength

Maturity 100/100lifecycle context

Confidence 90/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderatecontracting separation

Price acceptance +83.3%position within the Activity structure

Fair Value context +65.0%MYR 2.53 · improving

Trend Architecture map · 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.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-09-25	4.18	3.96	19.14	1839600	Upward Expansion	65	57
2026-09-18	4.74	3.94	36.72	457800	Upward Expansion	76	80
2026-09-11	4.73	3.89	36.28	1145000	Upward Expansion	81	80
2026-09-04	4.70	3.85	35.11	1106500	Upward Expansion	87	75
2026-08-28	4.60	3.80	32.34	1364000	Upward Expansion	87	74
2026-08-21	4.47	3.77	29.20	60300	Upward Expansion	84	79
2026-08-14	4.35	3.73	27.70	117700	Upward Expansion	75	90
2026-08-07	4.27	3.69	25.93	84900	Upward Expansion	68	89
2026-07-31	4.25	3.65	27.18	130300	Upward Expansion	72	90
2026-07-24	4.38	3.61	34.10	154500	Upward Expansion	94	97
2026-07-17	4.30	3.56	30.69	269600	Upward Expansion	95	93
2026-07-10	3.99	3.51	25.33	276300	Upward Expansion	82	77
2026-07-03	3.87	3.47	23.51	158900	Upward Expansion	71	71
2026-06-26	3.79	3.44	22.86	86800	Upward Expansion	62	63
2026-06-19	3.77	3.41	20.04	40000	Upward Expansion	61	46
2026-06-12	3.87	3.38	26.27	121200	Upward Expansion	75	50
2026-06-05	3.75	3.34	22.75	135100	Upward Expansion	65	41
2026-05-29	3.57	3.31	18.57	582900	Upward Expansion	56	39
2026-05-22	3.66	3.28	20.23	909100	Upward Expansion	59	46
2026-05-15	3.69	3.25	20.15	634400	Upward Expansion	63	50
2026-05-08	3.71	3.21	21.18	943600	Upward Expansion	68	50
2026-05-01	3.61	3.18	20.66	315500	Upward Expansion	59	44
2026-04-24	3.72	3.15	25.33	933400	Upward Expansion	74	51
2026-04-17	3.48	3.11	20.10	929900	Upward Expansion	60	46
2026-04-10	3.56	3.08	24.00	1650600	Upward Expansion	63	54
2026-04-03	3.60	3.05	25.97	1584900	Upward Expansion	70	60
2026-03-27	3.55	3.01	23.99	896900	Upward Expansion	67	59
2026-03-20	3.62	2.98	26.79	824200	Upward Expansion	78	66
2026-03-13	3.49	2.94	24.81	815000	Upward Expansion	68	62
2026-03-06	3.43	2.91	22.31	364800	Upward Expansion	67	66
2026-02-27	3.51	2.87	26.18	288700	Upward Expansion	78	70
2026-02-20	3.49	2.84	23.93	198600	Upward Expansion	81	77
2026-02-13	3.41	2.80	23.01	173100	Upward Expansion	78	85
2026-02-06	3.35	2.76	22.17	652800	Upward Expansion	76	89
2026-01-30	3.41	2.73	24.62	724500	Upward Expansion	92	96
2026-01-23	3.26	2.69	21.50	290300	Upward Expansion	87	94
2026-01-16	3.18	2.66	19.48	816100	Upward Expansion	86	90
2026-01-09	3.10	2.62	19.07	732100	Upward Expansion	84	67
2026-01-02	3.03	2.60	18.32	232100	Upward Expansion	81	59
2025-12-26	2.91	2.57	13.87	463500	Upward Expansion	70	54
2025-12-19	2.78	2.55	10.15	380300	Upward Expansion	63	57
2025-12-12	2.88	2.53	16.53	273400	Upward Expansion	68	67
2025-12-05	2.92	2.51	20.29	1436100	Upward Expansion	79	80
2025-11-28	2.89	2.49	20.75	1095200	Upward Expansion	82	84
2025-11-21	2.87	2.46	19.19	322300	Upward Expansion	85	80
2025-11-14	2.80	2.44	16.64	303100	Upward Expansion	81	72
2025-11-07	2.82	2.42	18.56	905800	Upward Expansion	90	74
2025-10-31	2.68	2.39	14.02	158400	Upward Expansion	68	67
2025-10-24	2.68	2.37	14.32	68100	Upward Expansion	72	68
2025-10-17	2.66	2.35	14.58	910300	Upward Expansion	70	68
2025-10-10	2.73	2.34	17.45	444800	Upward Expansion	95	82
2025-10-03	2.63	2.31	12.83	218800	Upward Expansion	84	73
2025-09-26	2.56	2.30	12.43	223500	Upward Expansion	70	80
2025-09-19	2.57	2.28	14.27	30500	Upward Expansion	78	87
2025-09-12	2.58	2.27	15.30	93000	Upward Expansion	86	90
2025-09-05	2.54	2.25	15.52	79900	Upward Expansion	81	87
2025-08-29	2.51	2.24	15.18	266300	Upward Expansion	79	88
2025-08-22	2.49	2.23	13.44	309800	Upward Expansion	82	92
2025-08-15	2.50	2.22	16.05	243900	Upward Expansion	92	96
2025-08-08	2.41	2.21	14.25	170400	Upward Expansion	80	91
2025-08-01	2.41	2.20	16.65	651200	Upward Expansion	87	94
2025-07-25	2.36	2.19	14.57	206900	Upward Expansion	76	85
2025-07-18	2.35	2.18	15.36	190600	Upward Expansion	79	81
2025-07-11	2.36	2.18	15.71	345900	Upward Expansion	83	60
2025-07-04	2.25	2.17	9.78	73700	Upward Expansion	47	31
2025-06-27	2.25	2.17	12.29	70600	Upward Expansion	62	39
2025-06-20	2.22	2.17	12.82	135800	Upward Expansion	58	41
2025-06-13	2.23	2.16	12.65	69700	Upward Expansion	62	63
2025-06-06	2.26	2.16	15.14	63100	Upward Expansion	69	74
2025-05-30	2.25	2.15	15.92	110100	Upward Expansion	69	75
2025-05-23	2.26	2.14	14.93	198900	Upward Expansion	75	74
2025-05-16	2.23	2.14	11.00	141100	Deceleration	65	59
2025-05-09	2.21	2.13	12.34	109300	Deceleration	51	34
2025-05-02	2.21	2.12	13.10	281200	Deceleration	40	17
2025-04-25	2.13	2.11	12.22	66500	Deceleration	-14	13
2025-04-18	2.12	2.10	12.38	100700	Deceleration	-10	11
2025-04-11	2.04	2.10	12.12	783400	Deceleration	-12	15
2025-04-04	2.12	2.09	12.67	33600	Deceleration	8	6
2025-03-28	2.15	2.09	14.28	188000	Deceleration	15	12
2025-03-21	2.13	2.08	13.81	163700	Deceleration	7	17
2025-03-14	2.10	2.07	12.23	199100	Upward Expansion	5	16
2025-03-07	2.10	2.06	10.02	197100	Upward Expansion	14	9
2025-02-28	2.10	2.05	8.36	231900	Upward Expansion	31	19
2025-02-21	2.13	2.04	9.43	349800	Upward Expansion	50	31
2025-02-14	2.24	2.03	14.87	316100	Deceleration	65	40
2025-02-07	2.16	2.02	11.50	56000	Deceleration	42	25
2025-01-31	2.18	2.01	15.17	44900	Deceleration	45	27
2025-01-24	2.14	2.00	12.35	79300	Deceleration	39	26
2025-01-17	2.12	1.99	11.64	329200	Deceleration	40	28
2025-01-10	2.14	1.98	10.78	684000	Upward Expansion	43	31
2025-01-03	2.19	1.97	11.49	489900	Upward Expansion	61	43
2024-12-27	2.16	1.96	10.44	478400	Upward Expansion	58	48
2024-12-20	2.10	1.95	9.81	481800	Upward Expansion	62	59
2024-12-13	2.19	1.94	13.57	406100	Upward Expansion	65	70
2024-12-06	2.25	1.93	16.85	2234500	Upward Expansion	85	79
2024-11-29	2.27	1.92	19.42	3191100	Upward Expansion	92	82
2024-11-22	2.01	1.90	6.37	250300	Upward Expansion	64	66
2024-11-15	2.05	1.90	8.55	1234800	Upward Expansion	70	78
2024-11-08	2.08	1.89	8.09	784300	Upward Expansion	83	83
2024-11-01	2.04	1.89	7.12	153300	Upward Expansion	77	76
2024-10-25	2.01	1.88	4.94	267100	Upward Expansion	73	68
2024-10-18	1.96	1.88	0.60	114100	Upward Expansion	62	62
2024-10-11	1.99	1.87	3.15	878300	Upward Expansion	76	64
2024-10-04	1.93	1.87	0.28	224000	Upward Expansion	62	48
2024-09-27	1.93	1.86	-1.61	145900	Upward Expansion	64	50
2024-09-20	1.89	1.86	-4.39	73100	Upward Expansion	51	47
2024-09-13	1.90	1.86	-3.09	127700	Upward Expansion	54	49
2024-09-06	1.91	1.86	-2.81	504300	Balance	58	44
2024-08-30	1.91	1.85	-4.36	310400	Balance	56	33
2024-08-23	1.88	1.85	-3.31	267800	Balance	40	16
2024-08-16	1.84	1.85	-4.98	564600	Balance	22	11
2024-08-09	1.86	1.85	-2.09	5861400	Balance	45	18
2024-08-02	1.86	1.85	-3.05	1921100	Balance	42	18
2024-07-26	1.85	1.85	-4.21	3224100	Balance	40	24
2024-07-19	1.87	1.84	-4.39	621000	Balance	50	31
2024-07-12	1.86	1.84	-3.97	56700	Balance	45	27
2024-07-05	1.88	1.84	-2.70	114000	Balance	51	26
2024-06-28	1.84	1.83	-3.81	145000	Balance	24	11
2024-06-21	1.86	1.83	-2.56	157100	Balance	35	15
2024-06-14	1.85	1.83	-4.08	115900	Balance	21	9
2024-06-07	1.85	1.83	-5.24	135500	Balance	25	11
2024-05-31	1.84	1.82	-4.56	143800	Balance	24	12
2024-05-24	1.85	1.82	-5.60	360800	Upward Expansion	28	15
2024-05-17	1.85	1.82	-5.13	187300	Upward Expansion	31	15
2024-05-10	1.85	1.81	-4.71	212300	Upward Expansion	35	19
2024-05-03	1.83	1.81	-5.07	65900	Upward Expansion	49	29
2024-04-26	1.86	1.80	-2.49	80900	Upward Expansion	54	44
2024-04-19	1.89	1.80	0.56	201000	Upward Expansion	62	53
2024-04-12	1.89	1.79	0.31	171100	Upward Expansion	65	48
2024-04-05	1.86	1.79	-1.29	212700	Deceleration	56	37
2024-03-29	1.85	1.79	-0.57	177600	Deceleration	55	33
2024-03-22	1.82	1.78	-2.82	234800	Deceleration	36	20
2024-03-15	1.85	1.78	-2.22	253900	Deceleration	53	27
2024-03-08	1.85	1.78	-1.03	308900	Deceleration	48	25
2024-03-01	1.78	1.78	-5.01	595200	Upward Expansion	31	18
2024-02-23	1.83	1.78	-3.07	707700	Upward Expansion	56	37
2024-02-16	1.84	1.78	-1.63	86900	Upward Expansion	61	57
2024-02-09	1.83	1.77	-0.70	92700	Upward Expansion	61	65
2024-02-02	1.84	1.77	-0.48	295800	Upward Expansion	64	70
2024-01-26	1.85	1.77	1.17	200800	Upward Expansion	75	71
2024-01-19	1.83	1.76	1.23	169400	Upward Expansion	68	51
2024-01-12	1.81	1.75	0.35	459700	Upward Expansion	63	34
2024-01-05	1.78	1.75	-1.49	216300	Upward Expansion	39	22
2023-12-29	1.78	1.75	0.75	116800	Upward Expansion	51	30
2023-12-22	1.77	1.75	0.42	372300	Upward Expansion	55	47
2023-12-15	1.79	1.74	0.92	1097000	Upward Expansion	58	62
2023-12-08	1.79	1.74	2.40	505000	Upward Expansion	59	61
2023-12-01	1.80	1.74	1.92	715600	Balance	62	55
2023-11-24	1.79	1.74	1.70	64900	Balance	47	31
2023-11-17	1.79	1.74	1.31	109700	Balance	44	20
2023-11-10	1.73	1.73	-0.88	141500	Balance	-12	16
2023-11-03	1.74	1.74	-0.72	82200	Balance	-15	22
2023-10-27	1.71	1.74	-1.63	39600	Balance	-22	30
2023-10-20	1.72	1.74	-1.06	79200	Balance	-16	20
2023-10-13	1.72	1.74	-1.19	51000	Balance	-17	17
2023-10-06	1.74	1.74	1.77	81100	Upward Expansion	21	13

Price vs TrendAbove+5.6%

Trend directionRising+11.3%

Price vs current Fair ValuePremium+65.0%

Fair Value directionClosing upward+1.3%

Relative Strength vs benchmarkLeading+19.1%

Relative strength directionWeakening-3.7%

Price momentumPositive+17.7%

Volume balanceDemand-led2.64×

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

65 / ±100

-22.0 points since 2026-08-28

Energy

57 /100

-16.9 points since 2026-08-28

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

5135 Directional State ↗ 5135 Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance11

Rotation Up58

Upward Expansion85

Deceleration66

Rotation Down26

Downward Expansion9

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 today’s regime

2023-10-06 to 2026-09-25 · 156 classified observations out of 156 shown.

Balance 15%Upward Expansion 73%Deceleration 12%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2025-05-23	2026-09-25	Extended	+84.7%
Deceleration	2025-03-21	2025-05-16	Developing	+4.8%
Upward Expansion	2025-02-21	2025-03-14	New	-1.7%
Deceleration	2025-01-17	2025-02-14	Developing	+5.7%
Upward Expansion	2024-09-13	2025-01-10	Established	+12.9%
Balance	2024-05-31	2024-09-06	Established	+3.7%
Upward Expansion	2024-04-12	2024-05-24	Developing	-2.2%
Deceleration	2024-03-08	2024-04-05	Developing	+0.5%
Upward Expansion	2023-12-08	2024-03-01	Established	-0.5%
Balance	2023-10-13	2023-12-01	Developing	+4.3%
Upward Expansion	2023-09-01	2023-10-06	Developing	-2.3%
Rotation Up	2023-08-11	2023-08-25	New	+2.4%
Balance	2023-07-28	2023-08-04	New	+1.4%
Downward Expansion	2023-06-16	2023-07-21	Developing	+4.9%

Classic Stage Analysis comparison

Stage 1 · Basing16

Stage 2 · Advancing100

Stage 3 · Distribution61

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. 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

Leading benchmark

Architecture confirmation: 98/100
Current Relative Strength: 19.14
Relative Strength direction: Weakening
Price momentum: +17.7%
Excess performance vs benchmark: +20.1%
Consumer Defensive regime cohort: 77th percentile30 in cohort

Test 5135 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume3.80×

Latest completed volume relative to typical participation.

Up/down volume2.64×

Participation balance between advancing and declining observations.

Accumulation / distribution3 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

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.

Explore 5135 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity MYR 4.54rising

Slow Activity MYR 4.17rising

Trend Reference MYR 3.96+5.6% close margin

Current Fair Value MYR 2.53+65.0% close margin

Structural low MYR 3.44shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +5.1%

Annualized volatility +27.1%

From structural high -14.0%

From structural low +64.2%

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 move	Positive periods	Directional follow-through	Median excess vs ^KLSE	Regime survived	Read
Near term	43	+1.4%-22.8% to +14.1%	+58.1%	+58.1%	+1.9%	+79.1%	Usable descriptive sample
Intermediate	15	+6.1%-13.2% to +32.2%	+73.3%	+73.3%	+9.1%	+66.7%	Usable descriptive sample
Extended	9	+10.5%-31.8% to +37.2%	+77.8%	+77.8%	+17.3%	+66.7%	Usable descriptive sample
Full cycle	4	+10.9%-6.5% to +63.6%	+75.0%	+75.0%	+8.4%	+50.0%	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.

5135 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding upward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Volume & Price

Similar Charts

RMI Reversal Map