Weekly structural research · TWO · Industrials

6654 Stage Analysis

Tian Zheng International Precision Machinery Co., Ltd.

Week ending 2 Oct 2026Close TWD 219.00Tenure NewBenchmark ^TWII

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Re-accelerating

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

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

Direction 76−100 bearish to +100 bullish

Energy 69/100directional strength

Maturity 28/100lifecycle context

Confidence 90/100evidence agreement

Trend gate Upstructural direction

Activity structure Wideexpanding separation

Price acceptance +66.7%position within the Activity structure

Fair Value context +185.4%TWD 76.75 · 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
2026-10-02	219.00	150.80	39.60	260002	Upward Expansion	76	69
2026-09-25	192.00	146.61	24.80	145021	Upward Expansion	60	70
2026-09-18	197.50	143.40	31.58	98097	Upward Expansion	60	68
2026-09-11	201.00	139.94	37.89	347170	Upward Expansion	63	50
2026-09-04	219.50	136.25	50.56	773524	Deceleration	76	49
2026-08-28	176.50	131.90	22.79	39000	Deceleration	41	27
2026-08-21	165.00	129.23	18.12	3000	Deceleration	35	20
2026-08-14	176.00	126.98	24.86	42000	Deceleration	38	24
2026-08-07	179.00	123.98	32.19	49003	Deceleration	41	28
2026-07-31	149.00	120.85	13.53	106000	Deceleration	43	34
2026-07-24	178.00	118.75	34.21	34000	Upward Expansion	60	55
2026-07-17	182.00	115.72	41.14	29000	Upward Expansion	63	63
2026-07-10	187.00	112.61	37.23	460051	Upward Expansion	67	67
2026-07-03	200.00	109.31	42.93	422103	Upward Expansion	75	76
2026-06-26	185.00	105.47	39.58	1253621	Upward Expansion	69	89
2026-06-19	217.00	102.00	57.81	1875394	Upward Expansion	98	99
2026-06-12	171.50	97.58	32.21	544720	Upward Expansion	92	97
2026-06-05	171.00	94.84	29.20	1039653	Upward Expansion	95	98
2026-05-29	154.00	91.98	17.26	1624853	Upward Expansion	94	92
2026-05-22	96.10	89.13	-22.72	246080	Balance	56	39
2026-05-15	95.30	88.11	-22.01	454232	Balance	45	23
2026-05-08	89.60	87.24	-27.94	133583	Balance	13	8
2026-05-01	89.90	86.62	-23.28	121065	Balance	15	10
2026-04-24	91.10	86.02	-22.75	119130	Balance	16	12
2026-04-17	87.60	85.41	-21.95	202051	Balance	7	11
2026-04-10	89.20	84.94	-18.01	75002	Balance	28	16
2026-04-03	90.60	84.49	-9.89	68000	Upward Expansion	33	16
2026-03-27	90.10	84.04	-11.96	117000	Upward Expansion	37	22
2026-03-20	91.00	83.49	-12.25	79000	Upward Expansion	51	34
2026-03-13	93.60	82.92	-9.22	129000	Upward Expansion	55	41
2026-03-06	93.20	82.25	-9.87	90028	Upward Expansion	57	42
2026-02-27	95.60	81.56	-12.01	168435	Upward Expansion	67	46
2026-02-13	93.80	80.85	-8.69	135050	Upward Expansion	63	55
2026-02-06	90.30	80.24	-6.60	145501	Upward Expansion	58	63
2026-01-30	89.10	79.78	-8.16	163281	Upward Expansion	58	57
2026-01-23	96.40	79.39	0.27	270010	Upward Expansion	71	52
2026-01-16	97.50	78.71	3.95	667100	Upward Expansion	76	47
2026-01-09	86.00	77.96	-4.21	162250	Upward Expansion	44	29
2026-01-02	85.00	77.67	-1.69	153028	Upward Expansion	58	41
2025-12-26	86.00	77.62	2.95	42000	Upward Expansion	61	48
2025-12-19	87.00	77.44	8.18	75032	Upward Expansion	63	59
2025-12-12	88.80	77.25	9.40	86168	Upward Expansion	72	63
2025-12-05	87.90	76.92	10.04	207357	Upward Expansion	73	69
2025-11-28	85.00	76.36	8.64	82257	Upward Expansion	65	73
2025-11-21	80.80	75.79	8.78	196001	Upward Expansion	60	53
2025-11-14	84.30	75.29	10.34	327216	Rotation Up	65	54
2025-11-07	89.30	74.68	16.79	1746550	Rotation Up	68	47
2025-10-31	85.40	73.99	10.34	785031	Rotation Up	23	11
2025-10-24	68.50	73.50	-8.56	302020	Rotation Down	-64	73
2025-10-17	65.50	73.36	-11.48	403000	Rotation Down	-60	73
2025-10-10	69.20	73.23	-6.22	211000	Rotation Down	-47	61
2025-10-03	70.80	72.73	-1.79	212000	Balance	-37	43
2025-09-26	72.10	72.11	5.11	189000	Balance	-0	9
2025-09-19	72.80	71.45	6.74	187202	Balance	7	9
2025-09-12	73.30	70.70	8.52	238436	Deceleration	25	17
2025-09-05	75.70	69.82	17.24	298307	Deceleration	35	22
2025-08-29	77.10	68.85	21.63	529050	Deceleration	40	22
2025-08-22	73.80	67.75	19.71	132000	Deceleration	15	15
2025-08-15	73.80	66.74	17.80	140008	Deceleration	17	16
2025-08-08	73.50	65.78	19.63	258403	Deceleration	20	15
2025-08-01	72.50	64.77	21.69	381204	Deceleration	32	18
2025-07-25	74.20	63.77	25.79	207000	Deceleration	37	26
2025-07-18	75.60	62.72	29.07	313002	Deceleration	40	30
2025-07-11	76.50	61.60	35.42	214019	Deceleration	42	32
2025-07-04	77.30	60.54	39.34	282060	Upward Expansion	44	34
2025-06-27	76.00	59.41	38.17	114954	Upward Expansion	49	41
2025-06-20	75.00	58.34	41.05	662474	Upward Expansion	62	52
2025-06-13	77.30	57.32	46.61	573211	Upward Expansion	66	62
2025-06-06	83.60	56.21	63.18	557570	Upward Expansion	77	83
2025-05-30	80.50	54.93	61.37	362210	Upward Expansion	75	77
2025-05-23	81.50	53.78	63.06	378100	Upward Expansion	83	71
2025-05-16	78.80	52.57	58.14	827843	Upward Expansion	85	69
2025-05-09	71.10	51.47	50.58	614328	Upward Expansion	74	62
2025-05-02	68.00	50.65	46.01	197126	Upward Expansion	68	64
2025-04-25	65.60	49.91	48.33	250066	Upward Expansion	66	66
2025-04-18	66.00	49.22	53.97	492104	Upward Expansion	68	68
2025-04-11	68.80	48.52	60.79	539107	Upward Expansion	82	92
2025-04-04	70.50	47.71	52.50	443369	Upward Expansion	97	99
2025-03-28	64.50	46.87	38.64	428995	Upward Expansion	97	99
2025-03-21	61.50	46.24	29.16	483254	Upward Expansion	98	99
2025-03-14	54.30	45.74	15.70	248317	Upward Expansion	87	95
2025-03-07	52.20	45.48	8.12	190488	Upward Expansion	82	92
2025-02-28	52.20	45.37	5.77	148071	Rotation Up	88	90
2025-02-21	50.30	45.23	-1.05	176451	Rotation Up	48	62
2025-02-14	46.80	45.20	-5.85	74004	Balance	26	26
2025-02-07	46.80	45.30	-7.51	53346	Balance	-1	14
2025-01-24	44.00	45.46	-13.58	52000	Downward Expansion	-34	18
2025-01-17	43.35	45.66	-13.90	42000	Downward Expansion	-41	23
2025-01-10	45.05	45.84	-10.46	79000	Downward Expansion	-37	27
2025-01-03	43.20	45.99	-14.21	23000	Downward Expansion	-60	57
2024-12-27	42.65	46.21	-17.10	53000	Downward Expansion	-64	56
2024-12-20	42.50	46.47	-15.03	70000	Downward Expansion	-68	58
2024-12-13	42.20	46.70	-17.94	89000	Downward Expansion	-74	55
2024-12-06	44.50	46.96	-14.59	22000	Downward Expansion	-57	40
2024-11-29	43.60	47.12	-13.27	22000	Downward Expansion	-64	57
2024-11-22	44.00	47.37	-15.30	24053	Downward Expansion	-62	51
2024-11-15	44.25	47.57	-14.64	51000	Downward Expansion	-60	43
2024-11-08	44.00	47.73	-18.40	27000	Downward Expansion	-68	46
2024-11-01	45.20	47.93	-13.81	29000	Downward Expansion	-45	28
2024-10-25	45.85	48.09	-15.17	41000	Downward Expansion	-38	23
2024-10-18	45.30	48.20	-17.16	50000	Downward Expansion	-43	26
2024-10-11	45.95	48.36	-14.30	28000	Downward Expansion	-41	27
2024-10-04	46.30	48.39	-11.74	22000	Downward Expansion	-46	33
2024-09-27	45.80	48.55	-15.05	38000	Downward Expansion	-59	45
2024-09-20	45.10	48.56	-14.28	36000	Downward Expansion	-62	58
2024-09-13	44.90	48.52	-13.52	21000	Downward Expansion	-67	70
2024-09-06	44.50	48.50	-13.31	16000	Rotation Down	-74	76
2024-08-30	45.40	48.50	-15.22	29000	Rotation Down	-44	64
2024-08-23	45.50	48.46	-14.99	25000	Rotation Down	-45	60
2024-08-16	46.50	48.41	-14.24	39000	Balance	-30	47
2024-08-09	46.50	48.30	-11.15	49000	Balance	-28	30
2024-08-02	48.80	48.26	-7.81	53000	Balance	11	11
2024-07-26	48.10	48.10	-11.41	42000	Balance	9	6
2024-07-19	49.30	47.96	-12.53	53000	Upward Expansion	45	24
2024-07-12	50.00	47.78	-15.57	174000	Upward Expansion	47	26
2024-07-05	51.50	47.58	-12.20	180000	Upward Expansion	60	30
2024-06-28	49.85	47.33	-13.54	155000	Upward Expansion	37	19
2024-06-21	49.05	47.11	-16.17	84000	Upward Expansion	38	22
2024-06-14	49.30	46.92	-13.41	58000	Upward Expansion	39	23
2024-06-07	49.95	46.69	-10.11	54000	Upward Expansion	51	29
2024-05-31	50.50	46.43	-6.60	110000	Upward Expansion	53	27
2024-05-24	49.40	46.20	-10.66	43000	Upward Expansion	40	24
2024-05-17	50.00	45.99	-8.71	93000	Upward Expansion	53	31
2024-05-10	49.30	45.75	-8.06	50000	Upward Expansion	54	33
2024-05-03	50.90	45.54	-3.90	70000	Upward Expansion	63	40
2024-04-26	50.10	45.28	-4.87	137000	Upward Expansion	60	40
2024-04-19	49.00	45.05	-4.50	116000	Upward Expansion	58	41
2024-04-12	49.95	44.85	-8.70	102000	Upward Expansion	64	54
2024-04-05	50.00	44.61	-7.29	28000	Upward Expansion	66	56
2024-03-29	49.30	44.38	-8.93	54000	Upward Expansion	63	68
2024-03-22	50.20	44.18	-7.55	412000	Upward Expansion	73	73
2024-03-15	46.75	43.93	-12.00	200000	Upward Expansion	59	64
2024-03-08	51.10	43.84	-5.02	1072000	Upward Expansion	87	74
2024-03-01	46.10	43.58	-11.04	166000	Balance	71	52
2024-02-23	44.00	43.56	-15.52	168000	Balance	45	24
2024-02-16	44.20	43.64	-14.57	73000	Balance	47	23
2024-02-09	44.35	43.73	-12.57	21000	Balance	21	11
2024-02-02	44.30	43.87	-12.85	158000	Balance	21	14
2024-01-26	44.00	43.99	-13.46	34000	Balance	18	13
2024-01-19	43.35	44.12	-13.66	20000	Balance	-11	11
2024-01-12	45.00	44.30	-9.95	25000	Balance	27	24
2024-01-05	44.20	44.43	-12.03	12000	Balance	-2	11
2023-12-29	43.80	44.57	-15.28	25000	Balance	-7	14
2023-12-22	44.00	44.74	-13.83	28000	Balance	-7	13
2023-12-15	43.90	44.90	-14.89	24000	Balance	-14	14
2023-12-08	44.00	45.06	-13.73	36000	Downward Expansion	-20	13
2023-12-01	43.20	45.25	-15.79	43000	Downward Expansion	-42	31
2023-11-24	43.30	45.44	-15.14	34000	Downward Expansion	-54	36
2023-11-17	42.50	45.57	-16.61	25000	Downward Expansion	-62	44
2023-11-10	42.30	45.75	-14.69	9000	Downward Expansion	-69	47
2023-11-03	43.60	45.99	-11.59	21000	Downward Expansion	-46	37
2023-10-27	42.90	46.26	-11.50	9000	Downward Expansion	-58	43
2023-10-20	42.80	46.58	-13.78	9000	Downward Expansion	-61	45
2023-10-13	43.15	46.88	-15.30	9000	Downward Expansion	-58	45
2023-10-06	43.00	47.21	-14.71	20000	Downward Expansion	-61	48
2023-09-29	43.15	47.58	-14.00	4000	Downward Expansion	-62	52

Price vs TrendAbove+45.2%

Trend directionRising+27.0%

Price vs current Fair ValuePremium+185.4%

Fair Value directionMoving away-22.4%

Relative Strength vs benchmarkLeading+39.6%

Relative strength directionWeakening-3.3%

Price momentumPositive+141.7%

Volume balanceSupply-led0.89×

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

76 / ±100

-0.7 points since 2026-09-04

Energy

69 /100

+20.0 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.

6654 Directional State ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance15

Rotation Up65

Upward Expansion87

Deceleration48

Rotation Down18

Downward Expansion14

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

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

Balance 18%Rotation Up 3%Upward Expansion 45%Deceleration 10%Rotation Down 4%Downward Expansion 20%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-09-11	2026-10-02	New	+9.0%
Deceleration	2026-07-31	2026-09-04	Developing	+47.3%
Upward Expansion	2026-05-29	2026-07-24	Developing	+15.6%
Balance	2026-04-10	2026-05-22	Developing	+7.7%
Upward Expansion	2025-11-21	2026-04-03	Established	+12.1%
Rotation Up	2025-10-31	2025-11-14	New	-1.3%
Rotation Down	2025-10-10	2025-10-24	New	-1.0%
Balance	2025-09-19	2025-10-03	New	-2.7%
Deceleration	2025-07-11	2025-09-12	Developing	-4.2%
Upward Expansion	2025-03-07	2025-07-04	Established	+48.1%
Rotation Up	2025-02-21	2025-02-28	New	+3.8%
Balance	2025-02-07	2025-02-14	New	+0.0%
Downward Expansion	2024-09-13	2025-01-24	Established	-2.0%
Rotation Down	2024-08-23	2024-09-06	New	-2.2%

Classic Stage Analysis comparison

Stage 1 · Basing0

Stage 2 · Advancing100

Stage 3 · Distribution72

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2C · Late advance. 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

Leading benchmark

Architecture confirmation: 82/100
Current Relative Strength: 39.60
Relative Strength direction: Weakening
Price momentum: +141.7%
Excess performance vs benchmark: +92.9%
Industrials regime cohort: 90th percentile79 in cohort

Test 6654 trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.55×

Latest completed volume relative to typical participation.

Up/down volume0.89×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

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.

Explore 6654 Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity TWD 205.13rising

Slow Activity TWD 173.79rising

Trend Reference TWD 150.80+45.2% close margin

Current Fair Value TWD 76.75+185.4% close margin

Structural low TWD 84.80shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +10.1%

Annualized volatility +94.9%

From structural high -9.5%

From structural low +236.9%

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	26	-1.7%-13.4% to +35.1%	+38.5%	+38.5%	-2.1%	+73.1%	Usable descriptive sample
Intermediate	10	+3.8%-11.2% to +61.1%	+60.0%	+60.0%	-9.0%	+50.0%	Usable descriptive sample
Extended	5	+7.6%-20.1% to +90.6%	+60.0%	+60.0%	+4.8%	+20.0%	Usable descriptive sample
Full cycle	4	-6.7%-34.2% to +67.6%	+50.0%	+50.0%	-11.3%	+50.0%	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.

6654 Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

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

Leading 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 upward.

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 ?

Leading 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