EMD screener / 9939 / Weekly research

TAI ยท EQUITY ยท ENHANCED MARKET DYNAMICS

9939

Taiwan Hon Chuan Enterprise Co., Ltd.

TW ยท Consumer Cyclical ยท Packaging & Containers

EMD SCORE57/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain positive, but momentum has eased.

Constructive fade33% directional agreement79/100 evidence quality6/6 sources available
Completed week
9 Oct 2026
Latest close
TWD 128.00
Evidence
156 weeks
Four-week EMD change-8.5 pts

signed chart scale โˆ’100 to +100

Four-week price-1.2%

completed closing prices

Current directional run19 weeks

on the same side of EMD zero

Recent consistency13/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 2 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
6 Oct 2023โ€“9 Oct 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท TWD +100+500-50-100 160.27123.0885.89 6 Oct 2023 ยท EMD 56/100 ยท close 92.97 13 Oct 2023 ยท EMD 47/100 ยท close 91.20 20 Oct 2023 ยท EMD 47/100 ยท close 89.87 27 Oct 2023 ยท EMD 51/100 ยท close 89.87 3 Nov 2023 ยท EMD 54/100 ยท close 90.76 10 Nov 2023 ยท EMD 53/100 ยท close 91.64 17 Nov 2023 ยท EMD 56/100 ยท close 93.41 24 Nov 2023 ยท EMD 80/100 ยท close 101.83 1 Dec 2023 ยท EMD 81/100 ยท close 106.70 8 Dec 2023 ยท EMD 91/100 ยท close 111.12 15 Dec 2023 ยท EMD 84/100 ยท close 109.35 22 Dec 2023 ยท EMD 82/100 ยท close 108.91 29 Dec 2023 ยท EMD 83/100 ยท close 110.68 5 Jan 2024 ยท EMD 79/100 ยท close 108.91 12 Jan 2024 ยท EMD 81/100 ยท close 111.12 19 Jan 2024 ยท EMD 81/100 ยท close 112.89 26 Jan 2024 ยท EMD 85/100 ยท close 116.44 2 Feb 2024 ยท EMD 86/100 ยท close 120.42 9 Feb 2024 ยท EMD 86/100 ยท close 121.75 16 Feb 2024 ยท EMD 88/100 ยท close 125.73 23 Feb 2024 ยท EMD 85/100 ยท close 124.85 1 Mar 2024 ยท EMD 87/100 ยท close 129.27 8 Mar 2024 ยท EMD 79/100 ยท close 129.27 15 Mar 2024 ยท EMD 76/100 ยท close 126.62 22 Mar 2024 ยท EMD 81/100 ยท close 127.50 29 Mar 2024 ยท EMD 74/100 ยท close 127.50 5 Apr 2024 ยท EMD 80/100 ยท close 129.72 12 Apr 2024 ยท EMD 86/100 ยท close 137.24 19 Apr 2024 ยท EMD 90/100 ยท close 140.79 26 Apr 2024 ยท EMD 86/100 ยท close 139.90 3 May 2024 ยท EMD 90/100 ยท close 148.75 10 May 2024 ยท EMD 90/100 ยท close 155.39 17 May 2024 ยท EMD 71/100 ยท close 142.11 24 May 2024 ยท EMD 79/100 ยท close 141.67 31 May 2024 ยท EMD 80/100 ยท close 144.33 7 Jun 2024 ยท EMD 77/100 ยท close 147.43 14 Jun 2024 ยท EMD 66/100 ยท close 143.44 21 Jun 2024 ยท EMD 78/100 ยท close 150.53 28 Jun 2024 ยท EMD 78/100 ยท close 151.85 5 Jul 2024 ยท EMD 66/100 ยท close 151.25 12 Jul 2024 ยท EMD 64/100 ยท close 148.97 19 Jul 2024 ยท EMD 81/100 ยท close 156.28 26 Jul 2024 ยท EMD 63/100 ยท close 147.60 2 Aug 2024 ยท EMD 69/100 ยท close 148.06 9 Aug 2024 ยท EMD 58/100 ยท close 142.11 16 Aug 2024 ยท EMD 67/100 ยท close 152.17 23 Aug 2024 ยท EMD 54/100 ยท close 144.40 30 Aug 2024 ยท EMD 59/100 ยท close 147.14 6 Sep 2024 ยท EMD 51/100 ยท close 141.66 13 Sep 2024 ยท EMD 60/100 ยท close 148.51 20 Sep 2024 ยท EMD 55/100 ยท close 146.68 27 Sep 2024 ยท EMD 59/100 ยท close 152.62 4 Oct 2024 ยท EMD 56/100 ยท close 147.93 11 Oct 2024 ยท EMD 43/100 ยท close 142.57 18 Oct 2024 ยท EMD 34/100 ยท close 142.11 25 Oct 2024 ยท EMD 37/100 ยท close 142.11 1 Nov 2024 ยท EMD 33/100 ยท close 139.83 8 Nov 2024 ยท EMD 36/100 ยท close 142.11 15 Nov 2024 ยท EMD 45/100 ยท close 143.03 22 Nov 2024 ยท EMD 26/100 ยท close 137.09 29 Nov 2024 ยท EMD 28/100 ยท close 134.35 6 Dec 2024 ยท EMD 29/100 ยท close 136.17 13 Dec 2024 ยท EMD 21/100 ยท close 130.69 20 Dec 2024 ยท EMD 28/100 ยท close 133.43 27 Dec 2024 ยท EMD 28/100 ยท close 136.17 3 Jan 2025 ยท EMD 24/100 ยท close 132.52 10 Jan 2025 ยท EMD 25/100 ยท close 132.06 17 Jan 2025 ยท EMD 42/100 ยท close 139.83 24 Jan 2025 ยท EMD 51/100 ยท close 147.60 7 Feb 2025 ยท EMD 49/100 ยท close 145.77 14 Feb 2025 ยท EMD 53/100 ยท close 145.77 21 Feb 2025 ยท EMD 58/100 ยท close 148.06 28 Feb 2025 ยท EMD 69/100 ยท close 153.54 7 Mar 2025 ยท EMD 60/100 ยท close 149.43 14 Mar 2025 ยท EMD 68/100 ยท close 148.97 21 Mar 2025 ยท EMD 69/100 ยท close 147.60 28 Mar 2025 ยท EMD 55/100 ยท close 140.29 4 Apr 2025 ยท EMD 56/100 ยท close 138.00 11 Apr 2025 ยท EMD 54/100 ยท close 133.43 18 Apr 2025 ยท EMD 58/100 ยท close 142.11 25 Apr 2025 ยท EMD 50/100 ยท close 138.46 2 May 2025 ยท EMD 53/100 ยท close 142.11 9 May 2025 ยท EMD 62/100 ยท close 143.49 16 May 2025 ยท EMD 45/100 ยท close 140.29 23 May 2025 ยท EMD 40/100 ยท close 138.00 30 May 2025 ยท EMD 33/100 ยท close 134.35 6 Jun 2025 ยท EMD 42/100 ยท close 138.00 13 Jun 2025 ยท EMD 42/100 ยท close 140.74 20 Jun 2025 ยท EMD 58/100 ยท close 146.68 27 Jun 2025 ยท EMD 57/100 ยท close 145.31 4 Jul 2025 ยท EMD 65/100 ยท close 146.51 11 Jul 2025 ยท EMD 59/100 ยท close 144.13 18 Jul 2025 ยท EMD 46/100 ยท close 141.75 25 Jul 2025 ยท EMD 50/100 ยท close 143.66 1 Aug 2025 ยท EMD 42/100 ยท close 139.85 8 Aug 2025 ยท EMD 30/100 ยท close 136.05 15 Aug 2025 ยท EMD 29/100 ยท close 133.19 22 Aug 2025 ยท EMD 30/100 ยท close 132.72 29 Aug 2025 ยท EMD 27/100 ยท close 131.77 5 Sep 2025 ยท EMD 21/100 ยท close 127.01 12 Sep 2025 ยท EMD 18/100 ยท close 121.78 19 Sep 2025 ยท EMD 16/100 ยท close 121.78 26 Sep 2025 ยท EMD 17/100 ยท close 120.82 3 Oct 2025 ยท EMD 17/100 ยท close 119.40 10 Oct 2025 ยท EMD 26/100 ยท close 121.30 17 Oct 2025 ยท EMD 26/100 ยท close 122.25 24 Oct 2025 ยท EMD 32/100 ยท close 126.53 31 Oct 2025 ยท EMD 18/100 ยท close 120.35 7 Nov 2025 ยท EMD 18/100 ยท close 117.97 14 Nov 2025 ยท EMD 25/100 ยท close 121.78 21 Nov 2025 ยท EMD 18/100 ยท close 116.54 28 Nov 2025 ยท EMD 32/100 ยท close 121.78 5 Dec 2025 ยท EMD 25/100 ยท close 118.92 12 Dec 2025 ยท EMD 17/100 ยท close 110.36 19 Dec 2025 ยท EMD 31/100 ยท close 113.21 26 Dec 2025 ยท EMD 24/100 ยท close 113.21 2 Jan 2026 ยท EMD 26/100 ยท close 114.64 9 Jan 2026 ยท EMD 34/100 ยท close 114.16 16 Jan 2026 ยท EMD 25/100 ยท close 111.79 23 Jan 2026 ยท EMD 33/100 ยท close 114.64 30 Jan 2026 ยท EMD 24/100 ยท close 114.16 6 Feb 2026 ยท EMD 30/100 ยท close 113.21 13 Feb 2026 ยท EMD 33/100 ยท close 114.64 27 Feb 2026 ยท EMD 36/100 ยท close 116.07 6 Mar 2026 ยท EMD 33/100 ยท close 113.69 13 Mar 2026 ยท EMD 39/100 ยท close 114.64 20 Mar 2026 ยท EMD 32/100 ยท close 111.31 27 Mar 2026 ยท EMD 42/100 ยท close 114.16 3 Apr 2026 ยท EMD 32/100 ยท close 110.36 10 Apr 2026 ยท EMD 24/100 ยท close 106.55 17 Apr 2026 ยท EMD 41/100 ยท close 108.93 24 Apr 2026 ยท EMD 24/100 ยท close 107.03 1 May 2026 ยท EMD 26/100 ยท close 106.08 8 May 2026 ยท EMD 27/100 ยท close 106.08 15 May 2026 ยท EMD 50/100 ยท close 118.92 22 May 2026 ยท EMD 50/100 ยท close 120.82 29 May 2026 ยท EMD 48/100 ยท close 117.49 5 Jun 2026 ยท EMD 56/100 ยท close 121.30 12 Jun 2026 ยท EMD 59/100 ยท close 127.01 19 Jun 2026 ยท EMD 62/100 ยท close 127.48 26 Jun 2026 ยท EMD 59/100 ยท close 122.73 3 Jul 2026 ยท EMD 63/100 ยท close 122.00 10 Jul 2026 ยท EMD 60/100 ยท close 122.50 17 Jul 2026 ยท EMD 60/100 ยท close 125.50 24 Jul 2026 ยท EMD 65/100 ยท close 129.50 31 Jul 2026 ยท EMD 65/100 ยท close 128.00 7 Aug 2026 ยท EMD 72/100 ยท close 144.50 14 Aug 2026 ยท EMD 66/100 ยท close 132.00 21 Aug 2026 ยท EMD 66/100 ยท close 134.00 28 Aug 2026 ยท EMD 66/100 ยท close 132.00 4 Sep 2026 ยท EMD 62/100 ยท close 131.50 11 Sep 2026 ยท EMD 61/100 ยท close 129.50 18 Sep 2026 ยท EMD 59/100 ยท close 127.00 25 Sep 2026 ยท EMD 52/100 ยท close 124.50 2 Oct 2026 ยท EMD 53/100 ยท close 124.50 9 Oct 2026 ยท EMD 57/100 ยท close 128.00 24 Nov 2023 ยท Up-cycle confirmed ยท close 101.83 17 May 2024 ยท Down-cycle confirmed ยท close 142.11 9 Aug 2024 ยท Down-cycle confirmed ยท close 142.11 23 Aug 2024 ยท Down-cycle confirmed ยท close 144.40 11 Oct 2024 ยท Down-cycle confirmed ยท close 142.57 28 Mar 2025 ยท Down-cycle confirmed ยท close 140.29 6 Oct 202311 Apr 20259 Oct 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 50%Current EMD +14.34-week EMD change -8.5Full saved history price range TWD 89.87โ€“156.28
View chart values ยท 156 observations
WeekClose ยท TWDEMD โˆ’100 to +100Score /100Agreement %Coverage %
2023-10-0692.9711.8656067
2023-10-1391.20-5.1247067
2023-10-2089.87-5.1647067
2023-10-2789.872.69515083
2023-11-0390.767.83545083
2023-11-1091.645.02533383
2023-11-1793.4112.5565083
2023-11-24101.8359.068010083
2023-12-01106.7061.898110083
2023-12-08111.1282.59110083
2023-12-15109.3568.318410083
2023-12-22108.9163.638210083
2023-12-29110.6865.448310083
2024-01-05108.9158.017910083
2024-01-12111.1262.288110083
2024-01-19112.8962.198110083
2024-01-26116.4469.388510083
2024-02-02120.4271.548610083
2024-02-09121.7572.528610083
2024-02-16125.7375.678810083
2024-02-23124.8569.318510083
2024-03-01129.2774.458710083
2024-03-08129.2757.78796083
2024-03-15126.6251.61766083
2024-03-22127.5061.458110083
2024-03-29127.5047.54746083
2024-04-05129.7259.918010083
2024-04-12137.2471.228610083
2024-04-19140.7980.019010083
2024-04-26139.9071.18610083
2024-05-03148.7579.459010083
2024-05-10155.3980.349010083
2024-05-17142.1142.92716083
2024-05-24141.6757.877910083
2024-05-31144.3359.888010083
2024-06-07147.4353.397710083
2024-06-14143.4431.7666083
2024-06-21150.5355.987810083
2024-06-28151.8555.397810083
2024-07-05151.2531.6666083
2024-07-12148.9728.48645083
2024-07-19156.2862.528110083
2024-07-26147.6026.38636083
2024-08-02148.0638.586910083
2024-08-09142.1116.55810083
2024-08-16152.1734.34676083
2024-08-23144.407.22542083
2024-08-30147.1418.29596083
2024-09-06141.662.52512083
2024-09-13148.5119.74606083
2024-09-20146.689.74555083
2024-09-27152.6217.7595083
2024-10-04147.9311.93565083
2024-10-11142.57-13.42435083
2024-10-18142.11-32.173410083
2024-10-25142.11-25.81375083
2024-11-01139.83-34.633310083
2024-11-08142.11-27.2365083
2024-11-15143.03-10.44452083
2024-11-22137.09-47.882610083
2024-11-29134.35-43.32810083
2024-12-06136.17-41.422910083
2024-12-13130.69-58.412110083
2024-12-20133.43-44.92810083
2024-12-27136.17-43.512810083
2025-01-03132.52-52.462410083
2025-01-10132.06-50.062510083
2025-01-17139.83-16.09422083
2025-01-24147.601.3751083
2025-02-07145.77-2.31493383
2025-02-14145.775.2353083
2025-02-21148.0615.27585083
2025-02-28153.5438.46910083
2025-03-07149.4319.45605083
2025-03-14148.9735.96810083
2025-03-21147.6038.516910083
2025-03-28140.2910.83553383
2025-04-04138.0011.285610083
2025-04-11133.438.77543383
2025-04-18142.1116.94585083
2025-04-25138.46-0.8150083
2025-05-02142.115.58532083
2025-05-09143.4923.72626083
2025-05-16140.29-10.224510083
2025-05-23138.00-20.244010083
2025-05-30134.35-34.83310083
2025-06-06138.00-15.89423383
2025-06-13140.74-16.864210083
2025-06-20146.6815.8585083
2025-06-27145.3113.86573383
2025-07-04146.5129.386510083
2025-07-11144.1317.91595083
2025-07-18141.75-8.7465083
2025-07-25143.660.9450083
2025-08-01139.85-15.92425083
2025-08-08136.05-39.173010083
2025-08-15133.19-42.882910083
2025-08-22132.72-40.783010083
2025-08-29131.77-45.752710083
2025-09-05127.01-58.172110083
2025-09-12121.78-64.621810083
2025-09-19121.78-67.911610083
2025-09-26120.82-66.211710083
2025-10-03119.40-65.081710083
2025-10-10121.30-48.78266083
2025-10-17122.25-47.23266083
2025-10-24126.53-35.54325083
2025-10-31120.35-64.611810083
2025-11-07117.97-63.941810083
2025-11-14121.78-49.122510083
2025-11-21116.54-63.611810083
2025-11-28121.78-36.44325083
2025-12-05118.92-49.672510083
2025-12-12110.36-65.681710083
2025-12-19113.21-37.29316083
2025-12-26113.21-51.562410083
2026-01-02114.64-48.612610083
2026-01-09114.16-31.39345083
2026-01-16111.79-50.762510083
2026-01-23114.64-34.99335083
2026-01-30114.16-52.02410083
2026-02-06113.21-39.243010083
2026-02-13114.64-33.963310083
2026-02-27116.07-28.943610083
2026-03-06113.69-34.05335083
2026-03-13114.64-22.19393383
2026-03-20111.31-35.88325083
2026-03-27114.16-16.6842083
2026-04-03110.36-36.43210083
2026-04-10106.55-51.082410083
2026-04-17108.93-17.64413383
2026-04-24107.03-51.872410083
2026-05-01106.08-48.652610083
2026-05-08106.08-45.72710083
2026-05-15118.920.3750083
2026-05-22120.82-0.52505083
2026-05-29117.49-4.74483383
2026-06-05121.3011.04565083
2026-06-12127.0117.67596083
2026-06-19127.4823.39625083
2026-06-26122.7317.89595083
2026-07-03122.0025.97636083
2026-07-10122.5019.75605067
2026-07-17125.5019.46605083
2026-07-24129.5030.436560100
2026-07-31128.0029.596560100
2026-08-07144.5043.137267100
2026-08-14132.0031.826660100
2026-08-21134.0032.016660100
2026-08-28132.0032.496660100
2026-09-04131.5024.596260100
2026-09-11129.5022.846160100
2026-09-18127.0017.755960100
2026-09-25124.504.265220100
2026-10-02124.505.845320100
2026-10-09128.0014.355733100

SIX SOURCES ยท LAST 26 OBSERVATIONS

Is support broadening or thinning?

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

Reading17 Apr24 Apr1 May8 May15 May22 May29 May5 Jun12 Jun19 Jun26 Jun3 Jul10 Jul17 Jul24 Jul31 Jul7 Aug14 Aug21 Aug28 Aug4 Sep11 Sep18 Sep25 Sep2 Oct9 Oct
Trend12989475244546196908989939795100979796959186787785
Momentum4439394568726876757773706671858497807878586255565765
Underlying pressure4942373243617790939393939087868591929189837766544338
Price & volume903144509264466271524672โ€”55484656474753535361385573
Relative strength000000000000022311343343223
Modeled Trendโ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”858688899090909090898989

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

STRONGEST CURRENT SOURCE

Modeled Trend

89/100
LEAST SUPPORTIVE SOURCE

Relative strength

3/100

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 ยท 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 todayโ€™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

Up-cycle confirmedTWD 118.92
Up-cycle confirmedTWD 116.07
Up-cycle confirmedTWD 121.78
Up-cycle confirmedTWD 122.25
Lower cycle zone confirmedTWD 121.78
Down-cycle confirmedTWD 140.29
Down-cycle confirmedTWD 142.57
Down-cycle confirmedTWD 144.40

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Cycle states use trailing completed-week observations.

01

Lower zone

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

02

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.

03

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.

04

Downward journey

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

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

38/100-0.44
0 ยท cautious100 ยท constructive

Cautious pressure beneath price
4-week change -1.00

02

Trend and deviation

85/100+4.9% vs Trend Line
0 ยท cautious100 ยท constructive

Price structure supports the trend
Trend gate active

03

Momentum and SMI

65/1004w -1.2% ยท 13w +4.5%
0 ยท cautious100 ยท constructive

Momentum is supportive
SMI 0.78

04

Price-volume pressure

73/10073% constructive pressure
0 ยท cautious100 ยท constructive

Volume is confirming the close
Volume ratio 1.41x

05

Relative leadership

3/100-21.88
0 ยท cautious100 ยท constructive

The ticker is lagging its benchmark
4-week change -2.41

06

Modeled Trend

89/100Modeled Trend 0.81
0 ยท cautious100 ยท constructive

Modeled Trend is supportive
Smoothed Modeled Trend 0.78

HOW TO READ EMD

Direction, agreement and depth

History, ranking and limitations

The default screener ranks constructive strength and four-week improvement, adjusted for available sources. Bearish and repair views have their own filters and sorts. Only stored completed weeks are used. Newer source data can revise readings, and different share classes count as separate listings. Volume estimates describe price-volume behaviour, not identified buying or selling. Historical comparisons reconstruct readings from stored data; they are descriptive and do not establish a tested trading edge.

Evidence context