TAI · EQUITY · ENHANCED MARKET DYNAMICS

2029

Sheng Yu Steel Co., Ltd.

TW · Basic Materials · Steel

Open Chart Terminal

EMD SCORE65/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89/100 evidence quality6/6 sources available

Completed week: 25 Sep 2026
Latest close: TWD 21.55
Evidence: 156 weeks

This report uses 25 Sep 2026. The latest completed calendar week is 2 Oct 2026; newer evidence has not yet reached this listing.

Four-week EMD change+12.6 pts

signed chart scale −100 to +100

Four-week price-2.7%

completed closing prices

Current directional run10 weeks

on the same side of EMD zero

Recent consistency10/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive · 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.

22 Sep 2023–25 Sep 2026

Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation

Confirmation markers describe price-zone departures within this saved history. Earlier markers can change as the history changes; they are not a record of signals available in real time.

Cycle position 36%Current EMD +30.84-week EMD change +12.6Full saved history price range TWD 19.52–26.97

View chart values · 156 observations

Week	Close · TWD	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-09-22	21.38	-35.62	32	100	67
2023-09-29	21.20	-35.08	32	100	67
2023-10-06	21.07	-28.81	36	100	67
2023-10-13	20.90	-29.58	35	100	83
2023-10-20	20.06	-56.02	22	100	83
2023-10-27	20.28	-37.57	31	100	83
2023-11-03	21.16	-13.25	43	50	83
2023-11-10	22.04	-3.48	48	0	83
2023-11-17	24.11	56.11	78	100	83
2023-11-24	24.81	70.67	85	100	83
2023-12-01	25.03	72.74	86	100	83
2023-12-08	24.99	43.05	72	60	83
2023-12-15	26.97	71.06	86	100	83
2023-12-22	26.48	49.59	75	60	83
2023-12-29	25.73	47.76	74	60	83
2024-01-05	25.73	62.52	81	100	83
2024-01-12	25.38	44.25	72	60	83
2024-01-19	24.55	32.89	66	60	83
2024-01-26	25.07	47.83	74	100	83
2024-02-02	24.81	35.08	68	100	83
2024-02-09	24.63	30.82	65	100	83
2024-02-16	24.68	21.77	61	100	83
2024-02-23	24.68	11.54	56	33	83
2024-03-01	24.41	4.27	52	33	83
2024-03-08	24.02	-5.1	47	50	83
2024-03-15	24.72	5.36	53	0	83
2024-03-22	24.81	4.41	52	0	83
2024-03-29	25.16	6.44	53	33	83
2024-04-05	26.13	19.79	60	33	83
2024-04-12	25.51	1.96	51	20	83
2024-04-19	24.72	7.47	54	20	83
2024-04-26	25.25	19.04	60	60	83
2024-05-03	25.87	19.36	60	50	83
2024-05-10	24.77	-3.72	48	20	83
2024-05-17	24.81	-0.85	50	33	83
2024-05-24	24.63	-10.83	45	0	83
2024-05-31	24.63	-32.88	34	100	83
2024-06-07	24.46	-27.93	36	50	83
2024-06-14	24.33	-38.32	31	100	83
2024-06-21	24.59	-26.19	37	20	83
2024-06-28	24.41	-39.88	30	100	83
2024-07-05	24.55	-31.77	34	50	83
2024-07-12	24.55	-24.26	38	50	83
2024-07-19	23.63	-63.55	18	100	83
2024-07-26	23.67	-36.18	32	50	83
2024-08-02	23.53	-48.21	26	100	83
2024-08-09	22.98	-37.94	31	60	83
2024-08-16	23.35	-37.76	31	50	83
2024-08-23	23.30	-47.89	26	100	83
2024-08-30	23.76	-31.44	34	50	83
2024-09-06	22.70	-54.09	23	100	83
2024-09-13	22.70	-40.25	30	50	83
2024-09-20	23.21	-35.76	32	50	83
2024-09-27	23.95	-29.91	35	50	83
2024-10-04	24.50	-22.0	39	60	83
2024-10-11	23.86	-28.63	36	60	83
2024-10-18	24.64	-1.36	49	20	83
2024-10-25	23.90	-15.59	42	20	83
2024-11-01	24.32	-5.88	47	20	83
2024-11-08	24.18	-7.4	46	0	83
2024-11-15	22.89	-32.02	34	50	83
2024-11-22	23.12	-18.23	41	33	83
2024-11-29	22.93	-36.73	32	100	83
2024-12-06	22.89	-38.24	31	100	83
2024-12-13	22.70	-41.73	29	100	83
2024-12-20	22.06	-50.87	25	100	83
2024-12-27	22.06	-49.4	25	100	83
2025-01-03	21.65	-58.78	21	100	83
2025-01-10	21.69	-59.43	20	100	83
2025-01-17	22.34	-27.84	36	50	83
2025-01-24	22.29	-47.52	26	100	83
2025-02-07	22.29	-46.54	27	100	83
2025-02-14	23.76	-0.37	50	20	83
2025-02-21	23.76	-7.12	46	33	83
2025-02-28	24.27	22.64	61	50	83
2025-03-07	24.55	36.93	68	100	83
2025-03-14	25.38	59.96	80	100	83
2025-03-21	24.45	21.21	61	60	83
2025-03-28	24.32	35.99	68	60	83
2025-04-04	24.22	46.55	73	100	83
2025-04-11	21.60	9.52	55	50	83
2025-04-18	21.78	-5.36	47	0	83
2025-04-25	21.92	-8.71	46	33	83
2025-05-02	22.43	-12.12	44	33	83
2025-05-09	22.38	-8.77	46	0	83
2025-05-16	22.61	-20.06	40	60	83
2025-05-23	22.38	-19.21	40	50	83
2025-05-30	22.20	-24.97	38	100	83
2025-06-06	21.65	-42.95	29	100	83
2025-06-13	21.18	-58.25	21	100	83
2025-06-20	21.05	-52.3	24	100	83
2025-06-27	21.74	-29.45	35	60	83
2025-07-04	22.15	-22.63	39	50	83
2025-07-11	22.06	-23.66	38	50	83
2025-07-18	22.54	-2.54	49	20	83
2025-07-25	23.17	1.51	51	0	83
2025-08-01	23.26	4.37	52	0	83
2025-08-08	23.70	17.81	59	50	83
2025-08-15	22.58	-4.82	48	33	83
2025-08-22	22.20	-18.79	41	50	83
2025-08-29	22.20	-16.24	42	33	83
2025-09-05	22.20	-15.68	42	33	83
2025-09-12	21.71	-31.17	34	100	83
2025-09-19	21.61	-32.19	34	100	83
2025-09-26	21.61	-37.68	31	100	83
2025-10-03	21.47	-43.05	28	100	83
2025-10-10	21.37	-44.69	28	100	83
2025-10-17	21.27	-44.9	28	100	83
2025-10-24	21.13	-49.78	25	100	83
2025-10-31	20.59	-57.32	21	100	83
2025-11-07	20.11	-61.57	19	100	83
2025-11-14	20.11	-59.08	20	100	83
2025-11-21	19.67	-61.13	19	100	83
2025-11-28	20.16	-45.8	27	60	83
2025-12-05	20.20	-54.46	23	100	83
2025-12-12	19.91	-57.23	21	100	83
2025-12-19	20.59	-33.11	33	50	83
2025-12-26	20.45	-45.38	27	100	83
2026-01-02	20.50	-48.39	26	100	83
2026-01-09	20.64	-35.46	32	100	83
2026-01-16	20.59	-36.38	32	100	83
2026-01-23	20.16	-42.04	29	100	83
2026-01-30	21.18	-12.58	44	20	83
2026-02-06	20.79	-17.74	41	0	83
2026-02-13	21.22	-10.3	45	20	83
2026-02-27	21.22	-0.94	50	20	83
2026-03-06	20.79	-19.19	40	50	83
2026-03-13	19.77	-32.92	34	50	83
2026-03-20	20.11	-25.13	37	33	83
2026-03-27	19.86	-41.22	29	100	83
2026-04-03	19.77	-47.49	26	100	83
2026-04-10	19.91	-39.81	30	100	83
2026-04-17	20.01	-41.16	29	100	83
2026-04-24	19.62	-53.67	23	100	83
2026-05-01	19.62	-33.32	33	50	83
2026-05-08	19.52	-47.94	26	100	83
2026-05-15	19.57	-50.78	25	100	83
2026-05-22	19.72	-38.12	31	100	83
2026-05-29	19.77	-48.26	26	100	83
2026-06-05	20.30	-14.01	43	33	83
2026-06-12	20.59	-5.59	47	20	83
2026-06-19	20.01	-24.35	38	50	83
2026-06-26	19.96	-23.09	38	50	83
2026-07-03	20.30	-11.48	44	33	83
2026-07-10	20.20	-19.7	40	33	67
2026-07-17	20.45	-10.27	45	0	83
2026-07-24	20.75	0.22	50	20	100
2026-07-31	20.70	0.47	50	20	100
2026-08-07	20.70	4.6	52	33	100
2026-08-14	21.15	6.93	53	50	100
2026-08-21	22.20	30.25	65	67	100
2026-08-28	22.15	18.19	59	33	100
2026-09-04	21.80	23.41	62	33	100
2026-09-11	21.10	9.84	55	33	100
2026-09-18	20.90	23.41	62	60	100
2026-09-25	21.55	30.78	65	67	100

SIX SOURCES · LAST 26 OBSERVATIONS

Is support broadening or thinning?

Green is supportive, rose is cautious.
Grey means the reading is unavailable.

Reading	3 Apr	10 Apr	17 Apr	24 Apr	1 May	8 May	15 May	22 May	29 May	5 Jun	12 Jun	19 Jun	26 Jun	3 Jul	10 Jul	17 Jul	24 Jul	31 Jul	7 Aug	14 Aug	21 Aug	28 Aug	4 Sep	11 Sep	18 Sep	25 Sep
Trend	16	19	22	17	18	17	19	22	24	35	40	29	27	34	32	37	42	41	41	48	94	93	90	80	77	87
Momentum	43	52	50	47	49	42	43	46	47	56	63	54	54	54	50	58	64	62	64	69	77	78	74	62	55	63
Underlying pressure	36	32	29	29	28	29	29	31	36	45	58	66	70	72	69	70	76	80	83	87	91	94	96	96	93	89
Price & volume	36	46	46	23	58	41	32	55	23	72	71	31	32	54	—	49	52	50	56	45	58	18	40	11	65	73
Relative strength	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	3	2	2	2	1	2
Modeled Trend	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	65	68	71	74	78	81	84	86	87	88

Each cell is a finished component score from 0–100. Components can disagree even when the combined reading stays positive.

STRONGEST CURRENT SOURCE

Underlying pressure

89/100

LEAST SUPPORTIVE SOURCE

Relative strength

2/100

WHAT WOULD CHANGE THE READ?

Three paths to keep in view

Conditional research scenarios.
No assumed price target or timing.

Continuation

Price and evidence stay together

Look for the current direction to hold across trend, pressure and relative strength. A rising price with weaker EMD is a less convincing continuation.

Change of direction

Watch for loss of support

If price keeps rising while EMD falls, inspect which readings are weakening. Broad deterioration matters more than a single soft week.

Cycle context

A range extreme is a location

An upper zone can persist during a strong advance; a lower zone can persist during a decline. Use departures, EMD direction and the related price charts together.

EARLIER COMPARABLE READINGS

What followed similar conditions?

Same ticker · similar score and direction of change.
Returns exclude costs and dividends.

4 WEEKS LATER

Too few comparisons

1 non-overlapping example. At least three are needed to display a summary.

13 WEEKS LATER

Too few comparisons

0 non-overlapping examples. At least three are needed to display a summary.

How these comparisons are selected

Earlier observations must have the same constructive/fading/repair/deterioration condition, a score within ten points of today’s score and at least the same component coverage. The first 30 observations are omitted for warm-up; examples are spaced by the forward horizon to avoid overlap. Gapped return windows are excluded. The all-period comparison uses the same available history and spacing, without matching the current state. These are reconstructed observations, not a point-in-time strategy backtest or a forecast.

RECENT CYCLE HISTORY

How the current reading developed

24 Jul 2026Up-cycle confirmedTWD 20.75

4 Jul 2025Up-cycle confirmedTWD 22.15

14 Feb 2025Up-cycle confirmedTWD 23.76

4 Oct 2024Up-cycle confirmedTWD 24.50

30 Aug 2024Up-cycle confirmedTWD 23.76

9 Aug 2024Lower cycle zone confirmedTWD 22.98

10 May 2024Down-cycle confirmedTWD 24.77

5 Apr 2024Upper cycle zone confirmedTWD 26.13

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Cycle states use trailing completed-week observations.

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

Upper zone

Price establishes residence near the top of its long-cycle range. A high range position can persist. Watch EMD for exhaustion and loss of support before interpreting it as a turn.

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS