Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.
73
technical evidence
out of 100
out of 100
Week Ending: 14 August 2026
Taiwan TW Basic Materials Industry
Chemicals
For the week ending 14 August 2026, Chemicals advanced 2.46% with 10 advancing, 3 declining, and 2 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Deceleration
The positive Trend gate remains, but fan energy or fast-line momentum is cooling.
73
technical evidence
Index2115.22
1 week2.46%
Breadth67%
Members15
Country
🇹🇼 Taiwan · TW
Sector
Basic Materials
Universe
country-listed
Price basis
Adjusted weekly close
Trend architecture
Index, activity fan and structural anchors
Rolling 156-week evidence. Trend Signal points mark weeks when price, trend and the activity fan confirmed together.
Index Value
Trend Line
Fair Value
Activity Lines
Constructive architecture
Transitional architecture
Defensive architecture
Current architecture
Deceleration
3 completed weeks in this state
Trend acceptance
6.3%
Index versus Trend Line
Persistence
100%
Positive across every horizon
Participation
67%
10 advancing, 3 declining
Investor positioning lens
Is the evidence ready for capital?
A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.
Evidence balance
Wait
Five-pillar map
Trend
75
Breadth
59
Persistence
83
Relative
80
Risk quality
75
What supports the view
- The index remains above a constructive Trend gate.
- Participation is broad enough to support the index move.
- Constituent trends show positive multi-horizon persistence.
- Medium-term relative returns and peer standing remain constructive.
What restrains conviction
- The current 13-week parent-relative trend is weakening.
- Activity Line energy is decelerating despite the positive Trend gate.
- The index is extended well above current Fair Value, increasing chase risk.
- Positive contribution is concentrated in a small leadership cohort.
This is a weekly research classification, not personal investment advice. Sentiment is reported as an independent confirmation layer and does not alter the technical score.
Trend state and durability
Architecture, persistence and constituent regimes
The index path is tested against the underlying security-level trend evidence.
The positive Trend gate remains, but fan energy or fast-line momentum is cooling.
State age3 weeks
Trend gateUp
Fan width4.06%
Fast versus slow change-8.66 pts
Above 0%
Below 33%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Positive across every horizon
The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.
13-week
4.9%
26-week
31.7%
39-week
58.1%
52-week
60.0%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
87%positive
Coherent positive33%
Coherent negative0%
Average horizon agreement78%
Positive horizon share78%
Weakening positives7
Repairing negatives1
15 constituents measured as of 14 Aug 2026. Median trend age is 22 weeks.
Custom stage map
Where constituents sit in the cycle
Stage Analysis coverage is still building.
Capital rotation
Performance relative to Basic Materials
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Basic Materials. A falling line means capital has done better in the parent benchmark.
Relative index111.6
13-week trend115.6
4-week trend change-0.01%
Weekly peer rank3 of 6
1 week
1.0 pts
relative
4 weeks
-5.6 pts
relative
13 weeks
-0.7 pts
relative
26 weeks
16.5 pts
relative
52 weeks
33.0 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
67%
advanced
- Advancing
- 10
- Declining
- 3
- Unchanged
- 2
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility27.6%
Drawdown from 52-week high-16.1%
Positive weeks, last 1354%
Current directional run2 weeks
Turnover versus 13-week norm61%
Breadth impulse16.1 pts
Cross-section
15 measured
Return distribution
Q1 0.0%
Median 2.7%
Q3 4.1%
Average winner4.1%
Average loser-1.5%
Dispersion3.0 pts
Top-five upside share68%
Top-five capital share85%
Capital data coverage100%
Dispersion describes how far constituent outcomes are spreading apart. Capital concentration is contextual only; the index itself is equal weighted.
Momentum cycle
30-week persistence
Positive readings show expansion. Negative readings show contraction.
Breadth cycle
Net participation
Advancers less decliners as a percentage of measured constituents.
News and narrative
Does company news confirm the market tape?
Sentiment evidence is still developing
Qualified company-level news coverage is not yet broad enough to influence the group view.
0 qualified records across 15 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 15 measured constituents, ranked by latest weekly return.
Rank
Ticker
Company
Exchange
Market cap
Close
Index contribution
Return
The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.