Weekly structural research · TAI · Industrials

3501 Stage Analysis

Well Shin Technology Co., Ltd.

Week ending 9 Oct 2026Close TWD 37.95Tenure ExtendedBenchmark ^TWII

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Downward Expansion · Established contraction

The weekly architecture is expanding downward.

Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: wide and expanding.

Direction -65−100 bearish to +100 bullish

Energy 75/100directional strength

Maturity 59/100lifecycle context

Confidence 87/100evidence agreement

Trend gate Downstructural direction

Activity structure Wideexpanding separation

Price acceptance -83.3%position within the Activity structure

Fair Value context -23.3%TWD 49.48 · weakening

Trend Architecture map · 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 · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-09	37.95	40.52	-37.91	332090	Downward Expansion	-65	75
2026-10-02	37.65	40.81	-38.36	480146	Downward Expansion	-76	80
2026-09-25	37.90	41.14	-38.42	477020	Downward Expansion	-64	60
2026-09-18	38.40	41.52	-37.56	462223	Downward Expansion	-55	37
2026-09-11	38.70	41.84	-36.74	515137	Downward Expansion	-33	20
2026-09-04	39.80	42.15	-36.57	209057	Downward Expansion	-29	24
2026-08-28	39.50	42.45	-37.90	151000	Downward Expansion	-35	22
2026-08-21	40.00	42.87	-36.63	63000	Downward Expansion	-41	28
2026-08-14	40.20	43.38	-38.15	305140	Downward Expansion	-48	39
2026-08-07	38.40	43.56	-39.87	52000	Downward Expansion	-61	48
2026-07-31	37.95	43.82	-40.14	318115	Downward Expansion	-66	53
2026-07-24	38.28	44.10	-41.40	132000	Downward Expansion	-65	54
2026-07-17	37.95	44.36	-41.60	374010	Downward Expansion	-70	60
2026-07-10	38.47	44.62	-45.26	0	Downward Expansion	-66	55
2026-07-03	38.99	44.83	-47.16	2824357	Downward Expansion	-64	53
2026-06-26	38.00	45.04	-46.93	5574445	Downward Expansion	-74	55
2026-06-19	39.71	45.26	-47.67	1859120	Downward Expansion	-64	55
2026-06-12	40.09	45.46	-45.33	1947243	Downward Expansion	-64	78
2026-06-05	41.56	45.74	-45.38	2089691	Downward Expansion	-67	87
2026-05-29	38.00	46.02	-50.52	1868051	Downward Expansion	-83	93
2026-05-22	38.04	46.41	-48.46	1699287	Downward Expansion	-90	94
2026-05-15	37.95	46.77	-48.07	5874604	Downward Expansion	-92	87
2026-05-08	44.98	47.15	-40.09	546145	Downward Expansion	-59	58
2026-05-01	44.50	47.28	-37.58	516143	Downward Expansion	-65	58
2026-04-24	44.98	47.42	-37.87	899393	Downward Expansion	-60	54
2026-04-17	45.55	47.56	-34.40	646077	Downward Expansion	-55	45
2026-04-10	44.84	47.67	-33.74	473600	Downward Expansion	-62	52
2026-04-03	45.45	47.85	-27.93	436063	Balance	-57	46
2026-03-27	45.60	48.07	-29.73	643254	Balance	-58	38
2026-03-20	46.12	48.17	-30.69	1035417	Balance	-44	27
2026-03-13	46.59	48.32	-30.50	1066000	Balance	-23	17
2026-03-06	47.59	48.52	-30.13	1413120	Balance	-13	12
2026-02-27	49.30	48.68	-31.96	805470	Balance	-1	6
2026-02-13	47.97	48.78	-30.86	561142	Rotation Up	10	13
2026-02-06	48.26	48.94	-27.10	1143407	Rotation Up	18	30
2026-01-30	48.64	49.06	-27.67	3611654	Rotation Up	19	31
2026-01-23	52.25	49.17	-22.58	5059049	Rotation Up	35	40
2026-01-16	55.10	49.18	-17.40	13053646	Rotation Up	14	25
2026-01-09	45.83	48.99	-29.10	488060	Downward Expansion	-43	34
2026-01-02	46.17	49.13	-26.84	447187	Downward Expansion	-46	38
2025-12-26	46.31	49.30	-25.10	267178	Downward Expansion	-60	51
2025-12-19	46.07	49.47	-23.70	471259	Downward Expansion	-64	75
2025-12-12	45.64	49.66	-26.21	374048	Downward Expansion	-68	87
2025-12-05	44.88	49.87	-27.39	556375	Downward Expansion	-74	90
2025-11-28	45.31	50.10	-26.37	486510	Downward Expansion	-73	86
2025-11-21	44.36	50.31	-25.20	1035818	Downward Expansion	-84	81
2025-11-14	45.79	50.54	-25.96	1694362	Downward Expansion	-76	53
2025-11-07	48.45	50.68	-22.87	586177	Downward Expansion	-47	25
2025-10-31	49.97	50.68	-22.55	713067	Downward Expansion	-37	20
2025-10-24	49.78	50.86	-21.32	392129	Downward Expansion	-51	30
2025-10-17	49.02	51.08	-22.24	847206	Downward Expansion	-56	43
2025-10-10	49.11	51.39	-22.49	314260	Downward Expansion	-58	51
2025-10-03	49.02	51.66	-21.63	341110	Downward Expansion	-58	60
2025-09-26	48.64	51.86	-19.27	964167	Downward Expansion	-65	62
2025-09-19	49.30	52.08	-18.75	487937	Downward Expansion	-56	39
2025-09-12	48.73	52.30	-19.93	773162	Balance	-62	52
2025-09-05	50.25	52.50	-14.72	2736565	Balance	-48	34
2025-08-29	52.06	52.61	-11.25	2389415	Balance	-30	24
2025-08-22	48.54	52.64	-16.06	1388084	Balance	-64	45
2025-08-15	50.82	52.77	-14.78	1342303	Balance	-34	14
2025-08-08	52.53	52.85	-11.35	890463	Balance	-8	11
2025-08-01	52.44	52.88	-9.73	2892994	Balance	-11	11
2025-07-25	52.32	52.96	-10.05	1324456	Balance	-15	14
2025-07-18	52.68	53.02	-9.83	653131	Downward Expansion	-24	18
2025-07-11	51.79	53.07	-9.13	728260	Downward Expansion	-36	18
2025-07-04	51.97	53.23	-8.39	1099710	Downward Expansion	-40	22
2025-06-27	52.50	53.39	-8.04	3840773	Downward Expansion	-52	30
2025-06-20	49.49	53.54	-11.50	460611	Downward Expansion	-65	49
2025-06-13	49.84	53.69	-11.34	1096624	Downward Expansion	-64	38
2025-06-06	51.44	53.93	-7.05	535604	Deceleration	-42	25
2025-05-30	51.35	54.08	-6.08	458685	Downward Expansion	-43	26
2025-05-23	51.70	54.26	-6.93	664796	Downward Expansion	-51	30
2025-05-16	52.06	54.39	-7.32	1411807	Downward Expansion	-52	35
2025-05-09	51.61	54.51	-4.17	767351	Downward Expansion	-56	60
2025-05-02	51.70	54.76	-3.49	522467	Downward Expansion	-59	66
2025-04-25	51.35	55.14	0.25	1035379	Downward Expansion	-57	59
2025-04-18	49.93	55.50	-0.13	1396086	Rotation Down	-71	52
2025-04-11	48.34	55.86	-3.89	3086562	Rotation Down	-61	34
2025-04-04	55.42	56.23	1.09	927703	Rotation Up	17	29
2025-03-28	56.48	56.48	1.76	1616991	Rotation Up	20	37
2025-03-21	58.25	56.67	2.25	2155874	Balance	38	44
2025-03-14	57.37	56.92	2.00	2400375	Balance	11	22
2025-03-07	54.89	57.11	-4.84	730080	Downward Expansion	-24	23
2025-02-28	55.24	57.31	-6.24	572069	Downward Expansion	-29	21
2025-02-21	55.77	57.52	-8.05	702135	Downward Expansion	-36	22
2025-02-14	54.98	57.72	-7.12	838200	Downward Expansion	-55	38
2025-02-07	53.30	57.97	-11.22	592083	Downward Expansion	-59	47
2025-01-24	53.12	58.42	-11.77	428070	Downward Expansion	-62	59
2025-01-17	52.50	58.92	-11.48	690323	Downward Expansion	-70	64
2025-01-10	53.03	59.30	-10.16	1291229	Downward Expansion	-68	63
2025-01-03	53.47	59.62	-9.12	1147570	Downward Expansion	-66	60
2024-12-27	54.80	59.78	-8.46	1257661	Downward Expansion	-57	46
2024-12-20	54.27	59.87	-6.33	1719858	Downward Expansion	-62	41
2024-12-13	54.27	59.96	-8.44	1966552	Downward Expansion	-63	38
2024-12-06	56.39	60.04	-5.67	2222090	Downward Expansion	-44	32
2024-11-29	56.84	59.94	-1.00	3432050	Downward Expansion	-55	36
2024-11-22	56.84	59.79	-3.74	3211903	Rotation Down	-58	48
2024-11-15	54.27	59.58	-7.45	3765390	Rotation Down	-45	55
2024-11-08	56.84	59.46	-6.47	6734418	Rotation Down	-35	54
2024-11-01	55.86	59.27	-5.02	711618	Rotation Down	-37	59
2024-10-25	56.84	59.03	-5.78	2004290	Rotation Down	-24	50
2024-10-18	55.77	58.74	-8.19	1216322	Deceleration	-30	45
2024-10-11	55.60	58.49	-6.26	1746388	Deceleration	-13	21
2024-10-04	59.05	58.19	2.15	1355354	Deceleration	5	5
2024-09-27	63.21	57.76	6.88	1685354	Deceleration	25	14
2024-09-20	61.97	57.22	8.04	1193185	Deceleration	18	13
2024-09-13	60.82	56.67	8.13	1919536	Deceleration	21	14
2024-09-06	59.40	56.11	7.41	1665933	Deceleration	34	22
2024-08-30	62.86	55.57	9.57	1474437	Deceleration	52	36
2024-08-23	62.41	54.92	9.54	1510686	Deceleration	43	32
2024-08-16	65.69	54.28	14.53	3512608	Deceleration	58	39
2024-08-09	63.12	53.52	14.90	2930364	Deceleration	44	30
2024-08-02	60.64	52.87	9.88	1608179	Upward Expansion	44	33
2024-07-26	61.80	52.31	9.79	2168648	Upward Expansion	51	48
2024-07-19	61.75	51.72	6.40	2575020	Upward Expansion	65	64
2024-07-12	62.43	51.11	2.96	4665978	Upward Expansion	68	67
2024-07-05	66.67	50.50	11.73	2189458	Upward Expansion	78	78
2024-06-28	68.11	49.72	16.89	4417697	Upward Expansion	93	85
2024-06-21	63.87	48.91	8.86	3272040	Upward Expansion	89	86
2024-06-14	62.76	48.22	10.68	6478468	Upward Expansion	92	88
2024-06-07	58.10	47.55	5.64	1675247	Upward Expansion	78	89
2024-05-31	57.51	47.01	7.98	2231884	Upward Expansion	81	88
2024-05-24	57.00	46.49	5.14	2478285	Upward Expansion	86	80
2024-05-17	56.83	45.98	6.36	4251977	Upward Expansion	93	76
2024-05-10	53.43	45.48	2.65	5335559	Upward Expansion	84	72
2024-05-03	52.25	45.12	2.08	2936655	Upward Expansion	84	73
2024-04-26	50.47	44.82	-0.60	1755623	Upward Expansion	72	76
2024-04-19	50.89	44.57	3.05	4148359	Upward Expansion	84	86
2024-04-12	50.89	44.29	-3.09	2993044	Upward Expansion	94	95
2024-04-05	48.77	44.03	-5.44	710128	Upward Expansion	84	91
2024-03-29	48.01	43.83	-6.89	1170271	Upward Expansion	79	89
2024-03-22	48.43	43.65	-5.95	2036350	Upward Expansion	92	96
2024-03-15	46.56	43.44	-7.23	1116159	Upward Expansion	76	91
2024-03-08	46.06	43.28	-8.92	1856988	Upward Expansion	73	88
2024-03-01	46.99	43.14	-3.12	1777800	Upward Expansion	91	91
2024-02-23	45.63	42.97	-5.78	1411723	Deceleration	83	71
2024-02-16	44.10	42.85	-7.67	442164	Deceleration	61	29
2024-02-09	43.17	42.83	-7.18	87098	Deceleration	29	20
2024-02-02	43.34	42.84	-6.72	421088	Deceleration	33	22
2024-01-26	43.17	42.87	-6.84	362568	Upward Expansion	36	18
2024-01-19	43.00	42.90	-5.68	413203	Upward Expansion	42	27
2024-01-12	43.43	42.95	-3.95	411754	Rotation Up	57	40
2024-01-05	44.02	43.00	-2.84	521317	Rotation Up	41	57
2023-12-29	43.85	43.00	-5.61	325254	Rotation Up	39	58
2023-12-22	43.51	43.01	-4.77	375540	Rotation Up	34	60
2023-12-15	44.19	43.00	-3.92	773629	Rotation Up	41	57
2023-12-08	43.34	42.98	-4.34	556550	Balance	22	31
2023-12-01	43.68	42.97	-3.98	571625	Balance	28	27
2023-11-24	43.26	43.01	-4.15	782302	Downward Expansion	-15	8
2023-11-17	42.49	43.02	-5.49	513080	Downward Expansion	-54	47
2023-11-10	42.07	43.05	-3.59	332121	Downward Expansion	-56	62
2023-11-03	41.94	43.06	-3.02	613321	Downward Expansion	-58	60
2023-10-27	41.65	43.04	-1.64	385035	Balance	-66	50
2023-10-20	41.90	43.05	-2.99	391507	Balance	-56	25
2023-10-13	42.66	43.05	-3.33	339000	Balance	-28	15
2023-10-06	43.26	43.00	-0.53	507391	Balance	10	13

Price vs TrendBelow-6.3%

Trend directionFalling-7.5%

Price vs current Fair ValueBelow anchor-23.3%

Fair Value directionMoving away-0.5%

Relative Strength vs benchmarkLagging-37.9%

Relative strength directionImproving+7.3%

Price momentumNegative-15.4%

Volume balanceSupply-led0.36×

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

-65 / ±100

-31.6 points since 2026-09-11

Energy

75 /100

+55.6 points since 2026-09-11

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

3501 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance17

Rotation Up10

Upward Expansion17

Deceleration38

Rotation Down75

Downward Expansion93

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 today’s regime

2023-10-06 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 14%Rotation Up 8%Upward Expansion 16%Deceleration 10%Rotation Down 5%Downward Expansion 47%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Downward Expansion	2026-04-10	2026-10-09	Extended	-15.4%
Balance	2026-02-27	2026-04-03	Developing	-7.8%
Rotation Up	2026-01-16	2026-02-13	Developing	-12.9%
Downward Expansion	2025-09-19	2026-01-09	Established	-7.0%
Balance	2025-07-25	2025-09-12	Developing	-6.9%
Downward Expansion	2025-06-13	2025-07-18	Developing	+5.7%
Deceleration	2025-06-06	2025-06-06	New	+0.0%
Downward Expansion	2025-04-25	2025-05-30	Developing	+0.0%
Rotation Down	2025-04-11	2025-04-18	New	+3.3%
Rotation Up	2025-03-28	2025-04-04	New	-1.9%
Balance	2025-03-14	2025-03-21	New	+1.5%
Downward Expansion	2024-11-29	2025-03-07	Established	-3.4%
Rotation Down	2024-10-25	2024-11-22	Developing	+0.0%
Deceleration	2024-08-09	2024-10-18	Developing	-11.6%

Classic Stage Analysis comparison

Stage 1 · Basing68

Stage 2 · Advancing0

Stage 3 · Distribution8

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. 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: 98/100
Current Relative Strength: -37.91
Relative Strength direction: Improving
Price momentum: -15.4%
Excess performance vs benchmark: -54.6%
Industrials regime cohort: 83th percentile155 in cohort

Test 3501 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.33×

Latest completed volume relative to typical participation.

Up/down volume0.36×

Participation balance between advancing and declining observations.

Accumulation / distribution0 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+0.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

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.

Explore 3501 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity TWD 37.97falling

Slow Activity TWD 39.23falling

Trend Reference TWD 40.52-6.3% close margin

Current Fair Value TWD 49.48-23.3% close margin

Structural low TWD 36.72shock / repair context

What changes the read?

Fan contraction and a persistent upward fast/slow rotation are required before the declining structure is considered repaired.

Range context +2.3%

Annualized volatility +29.9%

From structural high -34.9%

From structural low +3.4%

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 move	Positive periods	Directional follow-through	Median excess vs ^TWII	Regime survived	Read
Near term	28	-0.1%-7.6% to +7.9%	+50.0%	+50.0%	-3.3%	+78.6%	Usable descriptive sample
Intermediate	11	-2.2%-14.2% to +9.7%	+27.3%	+72.7%	-6.1%	+45.5%	Usable descriptive sample
Extended	6	-4.2%-13.0% to +24.6%	+33.3%	+50.0%	-4.9%	+33.3%	Usable descriptive sample
Full cycle	3	-1.1%-21.0% to +33.2%	+33.3%	+66.7%	-4.8%	+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.

3501 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding downward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Similar Charts

RMI Reversal Map