$ awk '/DATA_POINTS/{c=3} c&&!--c{f=1} f{printf "S%d = %s\n", ++s, $6}' file
S1 = A
S2 = B
S3 = C
S4 = D
S5 = E
S6 = F
S7 = U
S8 = W
S9 = L
S10 = K
S11 = U
S12 = X
To start printing from the 27th line from the matching line (inclusive) instead of the 3rd line after a matching line, just change 3 to 27.
See https://stackoverflow.com/questions/17908555/printing-with-sed-or-awk-a-line-following-a-matching-pattern/17914105#17914105 for more information on the above approach and more ways to do something after a match.