Weekly structural research ยท TWO ยท Industrials

6208 Stage Analysis

Highlight Tech Corp.

Week ending 2 Oct 2026Close TWD 80.40Tenure NewBenchmark ^TWII
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Rotation Down ยท Supply rotation

The Activity Line structure is rotating downward.

Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion.

  • The Trend gate is mixed within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and expanding.
Direction -33โˆ’100 bearish to +100 bullish
Energy 50/100directional strength
Maturity 4/100lifecycle context
Confidence 63/100evidence agreement
Trend gate Mixedstructural direction
Activity structure Moderateexpanding separation
Price acceptance -66.7%position within the Activity structure
Fair Value context +41.1%TWD 56.99 ยท weakening
Trend Architecture map ยท 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.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-0280.4078.00-1.571024820Rotation Down-3350
2026-09-2574.3076.83-8.38478385Deceleration-3160
2026-09-1875.4075.85-5.70685785Deceleration-945
2026-09-1174.3074.81-5.42858191Deceleration-1135
2026-09-0474.2073.79-6.701756417Deceleration-1125
2026-08-2882.7072.763.87212054Deceleration1414
2026-08-2181.5071.444.52201076Deceleration1417
2026-08-1482.0070.193.29247979Deceleration1519
2026-08-0781.5068.946.12196013Deceleration2823
2026-07-3181.5067.708.87361100Deceleration3422
2026-07-2483.2066.459.81353550Upward Expansion4127
2026-07-1783.0065.1312.09668295Upward Expansion4636
2026-07-1090.3063.9014.791963674Upward Expansion5947
2026-07-0396.8062.2419.407399766Upward Expansion6551
2026-06-2697.3060.4026.1818427412Upward Expansion6951
2026-06-1997.1158.5121.2211480752Upward Expansion7356
2026-06-1285.2456.6812.073333797Upward Expansion6257
2026-06-0581.9155.205.444595891Upward Expansion6665
2026-05-2993.2953.9020.707393074Upward Expansion7269
2026-05-2297.1152.2433.1418154337Upward Expansion8674
2026-05-1597.9050.4638.3220504267Upward Expansion9488
2026-05-0871.0248.70-0.324789983Upward Expansion6889
2026-05-0178.4847.8817.282353075Upward Expansion8896
2026-04-2481.5246.8321.787418975Upward Expansion9999
2026-04-1773.5745.7116.3710481101Upward Expansion9999
2026-04-1053.9544.89-11.235833540Upward Expansion9190
2026-04-0351.4044.72-8.451250195Rotation Up9084
2026-03-2746.6444.71-18.52339535Rotation Up3856
2026-03-2047.4844.81-18.54576314Balance4754
2026-03-1345.0345.06-22.84540938Balance-417
2026-03-0645.1245.14-23.71310219Balance-513
2026-02-2745.1245.06-28.17377387Balance-66
2026-02-1343.9545.01-26.87274623Balance-2815
2026-02-0643.7045.02-23.70356136Balance-2916
2026-01-3043.5545.00-25.10455862Balance-2814
2026-01-2342.8744.99-26.55207022Balance-2412
2026-01-1644.0445.00-23.76165394Balance-1312
2026-01-0944.5444.91-20.59262751Balance-2317
2026-01-0244.2444.88-19.07210843Downward Expansion-2523
2025-12-2644.0444.86-17.65133660Downward Expansion-3121
2025-12-1943.8044.84-16.03193621Downward Expansion-3619
2025-12-1245.9644.81-13.981503229Downward Expansion-3226
2025-12-0540.5644.70-23.94141753Rotation Down-6870
2025-11-2841.4544.77-21.93336680Rotation Down-3764
2025-11-2140.6644.80-20.55241201Rotation Down-4869
2025-11-1442.3844.79-20.71335013Rotation Down-2858
2025-11-0740.6144.68-25.29423108Rotation Down-4260
2025-10-3143.1644.57-23.00172430Deceleration-2733
2025-10-2443.4644.50-21.24119565Deceleration-2530
2025-10-1743.6544.37-20.84280346Deceleration418
2025-10-1045.1744.30-18.82246082Deceleration1921
2025-10-0346.2044.19-16.15173721Deceleration3423
2025-09-2647.1844.19-11.30136266Upward Expansion4125
2025-09-1947.7744.18-11.03245213Upward Expansion4737
2025-09-1248.9544.19-9.25271664Upward Expansion6150
2025-09-0548.9544.13-6.39432933Upward Expansion6379
2025-08-2951.1144.04-2.02243949Upward Expansion7084
2025-08-2249.6443.91-3.71568773Upward Expansion6679
2025-08-1554.9343.823.793118575Upward Expansion9187
2025-08-0847.5343.55-9.20299322Balance5050
2025-08-0142.5243.53-17.18111866Balance-119
2025-07-2543.6043.70-15.3879352Balance-616
2025-07-1844.2443.80-14.66144779Balance29
2025-07-1143.2144.00-14.74131999Balance-1811
2025-07-0443.1644.27-14.69167057Balance-2010
2025-06-2743.2644.51-15.22191045Balance-127
2025-06-2041.4044.79-17.46138877Balance-2414
2025-06-1343.7045.15-13.65318404Balance-813
2025-06-0643.5845.53-12.97175473Balance-2319
2025-05-3043.4945.96-12.64302256Downward Expansion-2822
2025-05-2342.7346.45-15.9898067Downward Expansion-3326
2025-05-1642.6946.91-17.46454397Downward Expansion-3925
2025-05-0942.6447.44-14.64368559Downward Expansion-4738
2025-05-0242.3648.05-15.57383783Downward Expansion-6457
2025-04-2540.5348.76-16.38291539Downward Expansion-6766
2025-04-1839.0249.53-18.42278148Downward Expansion-7183
2025-04-1137.2950.27-23.441135324Downward Expansion-9095
2025-04-0440.9051.05-23.89451322Downward Expansion-7290
2025-03-2839.7351.85-27.87472520Downward Expansion-8995
2025-03-2141.4752.73-27.59301638Downward Expansion-8589
2025-03-1441.8953.13-26.78960003Downward Expansion-8666
2025-03-0746.1253.50-22.36258703Downward Expansion-6651
2025-02-2847.1553.84-23.24233622Downward Expansion-4745
2025-02-2147.9054.15-24.85527332Downward Expansion-5049
2025-02-1447.0554.44-24.94317578Downward Expansion-6256
2025-02-0746.3554.82-27.72299838Downward Expansion-6965
2025-01-2447.1555.43-27.29165000Downward Expansion-6569
2025-01-1747.0555.96-26.84289000Downward Expansion-6771
2025-01-1046.9156.49-27.20337000Downward Expansion-7179
2025-01-0346.7357.03-27.73270000Downward Expansion-7682
2024-12-2747.6257.64-28.09338000Downward Expansion-7479
2024-12-2046.8258.20-27.401228000Downward Expansion-8690
2024-12-1350.0658.75-24.66874000Downward Expansion-7486
2024-12-0651.4759.16-23.63802000Downward Expansion-6882
2024-11-2950.3459.55-22.66363000Downward Expansion-7883
2024-11-2251.5660.13-23.47257964Downward Expansion-7676
2024-11-1552.3160.67-22.25883000Downward Expansion-7365
2024-11-0855.0461.18-21.46458000Downward Expansion-6459
2024-11-0156.5461.73-17.061592000Balance-5646
2024-10-2558.2362.17-17.071011000Balance-3828
2024-10-1856.3562.45-20.66989000Balance-4626
2024-10-1158.6162.83-15.851307000Balance-3314
2024-10-0461.0562.98-10.381488000Balance-911
2024-09-2763.6363.12-9.050Balance-211
2024-09-2063.6363.38-6.661043200Balance-415
2024-09-1361.3063.25-8.721768000Balance-2124
2024-09-0660.5063.17-8.792673600Downward Expansion-2622
2024-08-3064.9463.12-6.0513186400Downward Expansion-1913
2024-08-2366.0862.92-4.0918553600Downward Expansion-3631
2024-08-1653.3862.62-23.31416000Downward Expansion-7686
2024-08-0952.9862.70-21.23933600Rotation Down-8288
2024-08-0256.4062.80-17.22462400Rotation Down-4573
2024-07-2656.5762.79-19.22412000Rotation Down-5070
2024-07-1956.4062.75-22.501203200Rotation Down-5563
2024-07-1258.5662.74-23.511679200Deceleration-3736
2024-07-0564.6062.66-14.83855200Deceleration710
2024-06-2863.1262.34-15.33435200Deceleration411
2024-06-2162.8962.09-16.82856800Deceleration29
2024-06-1463.2361.80-14.01351200Deceleration39
2024-06-0764.9461.51-9.48645600Deceleration1014
2024-05-3164.4961.14-7.64664000Deceleration917
2024-05-2463.2360.79-11.39687200Deceleration2018
2024-05-1762.5560.49-11.491104800Deceleration2518
2024-05-1063.0160.20-8.931401600Upward Expansion3621
2024-05-0367.6859.92-0.89653600Upward Expansion5743
2024-04-2667.7959.49-0.061055200Upward Expansion6149
2024-04-1967.6859.062.463113600Upward Expansion6252
2024-04-1271.4458.641.574916800Upward Expansion7864
2024-04-0569.7358.100.832226400Upward Expansion7862
2024-03-2966.7757.61-3.53415200Upward Expansion6859
2024-03-2267.6857.15-2.221537600Upward Expansion7867
2024-03-1563.2356.67-6.371575200Upward Expansion6763
2024-03-0865.0656.39-4.515715200Upward Expansion7377
2024-03-0171.6756.059.5515722400Upward Expansion9998
2024-02-2359.7055.63-8.51908800Upward Expansion7889
2024-02-1658.7955.60-8.84295200Upward Expansion7286
2024-02-0959.0255.60-6.2068800Rotation Up8387
2024-02-0259.0255.60-6.25485600Rotation Up5766
2024-01-2656.9755.64-9.34414400Balance4237
2024-01-1955.8355.73-9.82232800Balance2420
2024-01-1255.8955.90-9.10348000Balance-122
2024-01-0556.1156.09-9.05273600Balance522
2023-12-2955.3256.34-12.69410400Balance-419
2023-12-2256.1756.53-10.00265600Balance522
2023-12-1556.3456.71-10.38460000Downward Expansion515
2023-12-0854.9256.87-11.42300800Downward Expansion-3318
2023-12-0155.4957.10-11.00345600Downward Expansion-3824
2023-11-2454.2957.32-12.34198400Downward Expansion-5541
2023-11-1754.4057.57-11.96189600Downward Expansion-5743
2023-11-1054.0657.81-10.02213600Downward Expansion-5849
2023-11-0353.7858.07-9.83259200Downward Expansion-6347
2023-10-2754.2358.36-7.21184800Downward Expansion-5944
2023-10-2053.8358.60-9.82156800Downward Expansion-6446
2023-10-1354.6958.85-10.53313600Downward Expansion-4436
2023-10-0654.8059.01-9.17388800Downward Expansion-4637
2023-09-2954.8059.19-8.48191200Downward Expansion-4940
Price vs TrendAbove+3.1%
Trend directionRising+17.4%
Price vs current Fair ValuePremium+41.1%
Fair Value directionMoving away-34.9%
Relative Strength vs benchmarkLagging-1.6%
Relative strength directionWeakening-21.0%
Price momentumPositive+56.4%
Volume balanceSupply-led0.62ร—
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

-33 / ยฑ100

-22.7 points since 2026-09-04

Energy

50 /100

+25.1 points since 2026-09-04

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

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance29
Rotation Up20
Upward Expansion23
Deceleration46
Rotation Down60
Downward Expansion54

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 todayโ€™s regime

2023-09-29 to 2026-10-02 ยท 156 classified observations out of 156 shown.

Balance 22%Rotation Up 3%Upward Expansion 23%Deceleration 15%Rotation Down 6%Downward Expansion 31%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Rotation Down2026-10-022026-10-02New+0.0%
Deceleration2026-07-312026-09-25Developing-8.8%
Upward Expansion2026-04-102026-07-24Established+54.2%
Rotation Up2026-03-272026-04-03New+10.2%
Balance2026-01-092026-03-20Developing+6.6%
Downward Expansion2025-12-122026-01-02New-3.7%
Rotation Down2025-11-072025-12-05Developing-0.1%
Deceleration2025-10-032025-10-31Developing-6.6%
Upward Expansion2025-08-152025-09-26Developing-14.1%
Balance2025-06-062025-08-08Developing+9.1%
Downward Expansion2024-11-082025-05-30Extended-21.0%
Balance2024-09-132024-11-01Developing-7.8%
Downward Expansion2024-08-162024-09-06New+13.3%
Rotation Down2024-07-192024-08-09New-6.1%
Classic Stage Analysis comparison
Stage 1 ยท Basing10
Stage 2 ยท Advancing81
Stage 3 ยท Distribution72
Stage 4 ยท Declining19

Legacy result: Stage 3 ยท Stage 3B ยท Distribution. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^TWII

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

Lagging benchmark

Architecture confirmation
66/100
Current Relative Strength
-1.57
Relative Strength direction
Weakening
Price momentum
+56.4%
Excess performance vs benchmark
+7.6%
Industrials regime cohort
22th percentile23 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume0.26ร—

Latest completed volume relative to typical participation.

Up/down volume0.62ร—

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

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.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity TWD 76.55falling
Slow Activity TWD 81.75rising
Trend Reference TWD 78.00+3.1% close margin
Current Fair Value TWD 56.99+41.1% close margin
Structural low TWD 51.30shock / repair context
What changes the read?

Complete bearish ordering below the Trend Line confirms Downward Expansion; a repaired fast/slow cross and upside acceptance cancel the failure.

Range context +5.7%
Annualized volatility +75.4%
From structural high -24.5%
From structural low +104.1%
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 movePositive periodsDirectional follow-through Median excess vs ^TWII Regime survived Read
Near term5-5.4%-11.6% to +9.1%+20.0%+80.0%-1.3%+20.0%Usable descriptive sample
Intermediate4+3.6%-9.1% to +7.6%+50.0%+50.0%-4.9%+0.0%Too little matched history
Extended4-0.8%-16.6% to +141.1%+25.0%+75.0%+0.3%+0.0%Too little matched history
Full cycle3-4.6%-15.7% to +15.7%+33.3%+66.7%-26.7%+33.3%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.

Evidence context