Elliott counts at their invalidation level (UK)
A technical stock screen computed nightly from daily-close price history (market data). Selection is deterministic — a company appears only when its stored indicator meets the screen's rule; nothing is estimated.
23 companies in the catalog currently match this technical screen. Leading the list, Spirax Group (SPX.L) is price is 0.0% from £72.25, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes above £72.25; one of several labellings that fit.
| # | Company | Sector | Price | Signal |
|---|---|---|---|---|
| 1 | Spirax Group (SPX.L) | — | £72.25 | price is 0.0% from £72.25, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes above £72.25; one of several labellings that fit |
| 2 | Workspace Group (WKP.L) | — | £3.63 | price is 0.1% from £3.63, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £3.63; one of several labellings that fit; the same swings read best as a five-part sequence in leg 4 |
| 3 | JTC (JTC.L) | — | £13.37 | price is 0.1% from £13.38, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes above £13.38; one of several labellings that fit |
| 4 | Derwent London (DLN.L) | — | £20.68 | price is 0.1% from £20.70, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £20.70; one of several labellings that fit; the same swings read best as a five-part sequence in leg 4 |
| 5 | Senior (SNR.L) | — | £2.93 | price is 0.2% from £2.93, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £2.93; one of several labellings that fit |
| 6 | Softcat (SCT.L) | — | £19.81 | price is 0.2% from £19.77, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £19.77; one of several labellings that fit; the same swings read best as a completed three-part correction |
| 7 | Beazley (BEZ.L) | — | £12.93 | price is 0.2% from £12.96, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £12.96; one of several labellings that fit; the same swings read best as a five-part sequence in leg 4 |
| 8 | GSK plc (GSK.L) | — | £18.96 | price is 0.3% from £18.90, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes below £18.90; one of several labellings that fit |
| 9 | Spire Healthcare (SPI.L) | — | £2.30 | price is 0.4% from £2.29, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £2.29; one of several labellings that fit |
| 10 | TBC Bank (TBCG.L) | — | £48.48 | price is 0.5% from £48.72, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £48.72; one of several labellings that fit; the same swings read best as a five-part sequence in leg 4 |
| 11 | Telecom Plus (TEP.L) | — | £8.50 | price is 0.6% from £8.45, the level that ends its reading as a completed five-part sequence — the reading fails if price closes below £8.45; one of several labellings that fit |
| 12 | Rightmove (RMV.L) | — | £4.85 | price is 0.7% from £4.88, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £4.88; one of several labellings that fit; the same swings read best as a five-part sequence in leg 4 |
| 13 | Severn Trent (SVT.L) | — | £30.82 | price is 0.7% from £31.04, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes above £31.04; one of several labellings that fit |
| 14 | Hollywood Bowl Group (BOWL.L) | — | £2.77 | price is 1.3% from £2.74, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes below £2.74; one of several labellings that fit |
| 15 | Safestore (SAFE.L) | — | £6.21 | price is 1.5% from £6.29, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £6.29; one of several labellings that fit |
| 16 | British Land (BLND.L) | — | £4.36 | price is 1.5% from £4.29, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £4.29; one of several labellings that fit |
| 17 | Pennon Group (PNN.L) | — | £4.64 | price is 1.5% from £4.57, the level that ends its reading as a completed three-part correction — the reading fails if price closes below £4.57; the only labelling that fits |
| 18 | Energean (ENOG.L) | — | £7.58 | price is 1.5% from £7.46, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £7.46; one of several labellings that fit |
| 19 | Tate & Lyle (TATE.L) | — | £5.53 | price is 1.5% from £5.45, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes below £5.45; one of several labellings that fit |
| 20 | LondonMetric Property (LMP.L) | — | £1.93 | price is 1.6% from £1.90, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £1.90; one of several labellings that fit |
| 21 | Grainger (GRI.L) | — | £1.74 | price is 1.8% from £1.71, the level that ends its reading as a five-part sequence in leg 4 — the reading fails if price closes below £1.71; one of several labellings that fit; the same swings read best as a completed three-part correction |
| 22 | Shell plc (SHEL.L) | — | £33.56 | price is 1.9% from £34.21, the level that ends its reading as a five-part sequence in leg 3 — the reading fails if price closes above £34.21; one of several labellings that fit |
| 23 | Standard Chartered (STAN.L) | — | £22.18 | price is 2.0% from £22.62, the level that ends its reading as a completed three-part correction — the reading fails if price closes above £22.62; one of several labellings that fit |
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What is an Elliott wave invalidation level?
Every Elliott labelling has a price at which it is simply wrong — the level whose breach means the legs cannot be counted that way. For a wave in progress that is normally the most recent swing turn the wave began from; for a wave 4 it is the boundary of wave 1, which the fourth leg is not allowed to cross. This screen lists companies trading within a small percentage of that level.
How do I read the Elliott counts at their invalidation level (UK) screen?
These are counts at their decision point: a small move either way confirms the labelling or ends it. Rows are ordered by how close price sits to the level, and a NEGATIVE distance means price has already closed through it — the labelling is failing on the latest bar and will likely be gone from this list after the next update. This is the most testable thing Elliott analysis produces, because the level is stated in advance and the chart settles it. This describes swings the stock has already printed, not what comes next. Elliott labelling is genuinely subjective — competent chartists routinely label the same chart differently, and more than one labelling usually survives the rules — so each row names the level at which its reading fails rather than asserting a target.
New to this? What is Wave invalidation level? →
Data: daily-close price history, recomputed nightly. Every figure is shown with its as-of date on the company page; a company without enough price history for this indicator is excluded, never estimated.
1 covered company was not evaluated for this screen because its price series ends on or before 2026-08-10 (DOM.L), at least 3 trading sessions behind the 2026-08-13 session the rest of the catalog carries. A technical signal is a claim about the present, so it is not asserted from a series that stops before it. That company keeps the readings it has on its own page, with the as-of date it was computed from. 1 covered company was not evaluated for this screen (MEGP.L) because our price history for this company shows an unadjusted split or scale break. Every indicator read from such a series is an artifact of that break rather than a fact about the company, so none of them is asserted here — which is why the same company has no 1-year return on its own page either.
Last updated 2026-08-11 — this screen recomputes nightly from daily-close prices, so its members change over time.
Informational only — NOT financial advice. Technical indicators describe past price behavior; they are not predictions. All figures are delayed daily-close data.