Week Ending: 14 August 2026

Taiwan TW Consumer Cyclical Industry

Restaurants

For the week ending 14 August 2026, Restaurants declined 0.55% with 2 advancing, 3 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

38 technical evidence
Index1370.27 1 week-0.55% Breadth40% Members5
Country 🇹🇼 Taiwan · TW
Sector Consumer Cyclical
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 Downward Expansion 4 completed weeks in this state
Trend acceptance -3.4% Index versus Trend Line
Persistence 75% Negative regime, shorter trend repairing
Participation 40% 2 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.

Current posture Reduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

38 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
31
Breadth
42
Persistence
37
Relative
16
Risk quality
89
What supports the view
  • No major confirming factor has secured control.
What restrains conviction
  • Index trend architecture has not delivered a durable upward expansion.
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • Constituent persistence remains divided or predominantly negative.
  • The group is not yet delivering dependable relative outperformance.
  • Positive contribution is concentrated in a small leadership cohort.
Independent sentiment overlay Sentiment held separate

Qualified news coverage is too thin to alter the technical positioning view.

Evidence that would change the view
  1. A completed weekly reclaim of 1,642.02, the higher of Trend Line and Fair Value, would improve the structural case.
  2. Breadth holding above 55% for several completed weeks would show that repair is spreading.
  3. Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

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.

Index architecture Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

State age4 weeks
Trend gateDown
Fan width1.59%
Fast versus slow change-0.06 pts
Above 0% Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative regime, shorter trend repairing

75% agreement

The long trend remains negative, but shorter-horizon repair is now visible.

13-week
1.1%
26-week
-8.9%
39-week
-10.3%
52-week
-14.7%
Regime age72 weeks 52-week flips0 52-week boundary1605.50
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive20%
Coherent negative40%
Average horizon agreement90%
Positive horizon share40%
Weakening positives0
Repairing negatives1

5 constituents measured as of 14 Aug 2026. Median trend age is 47 weeks.

Custom stage map

Where constituents sit in the cycle

Stage Analysis coverage is still building.

Capital rotation

Performance relative to Consumer Cyclical

Weakening
Relative index 13-week relative trend Starting level
Rotation dashboard Weakening

A rising relative line means this group is compounding faster than Consumer Cyclical. A falling line means capital has done better in the parent benchmark.

Relative index74.2
13-week trend75.5
4-week trend change-1.50%
Weekly peer rank10 of 12
1 week
-1.1 pts relative
4 weeks
1.1 pts relative
13 weeks
-5.9 pts relative
26 weeks
-9.4 pts relative
52 weeks
-12.5 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Narrow
Advancing
2
Declining
3
Unchanged
0
4-week average 50%
13-week average 45%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility11.0%
Drawdown from 52-week high-13.4%
Positive weeks, last 1338%
Current directional run2 weeks
Turnover versus 13-week norm81%
Breadth impulse-5.0 pts
Cross-section

Return distribution

5 measured
Q1 -1.6% Median -1.5% Q3 0.8%
Average winner1.2%
Average loser-1.7%
Dispersion1.5 pts
Top-five upside share100%
Top-five capital share100%
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?

Open Sentiment Intelligence
Sentiment evidence is still developing

Qualified company-level news coverage is not yet broad enough to influence the group view.

0 qualified records across 5 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 8940New Palace International Co., Ltd.
1.63% 2 2753Bafang Yunji International Company Limited
0.83% 3 7705Mercuries F&B Co., Ltd.
-1.46% 4 2723Gourmet Master Co. Ltd.
-1.61% 5 2727Wowprime Corp.
-2.12%

Weakest edge

5 2727Wowprime Corp.
-2.12% 4 2723Gourmet Master Co. Ltd.
-1.61% 3 7705Mercuries F&B Co., Ltd.
-1.46% 2 2753Bafang Yunji International Company Limited
0.83% 1 8940New Palace International Co., Ltd.
1.63%

Constituent ledger

Industry constituents

All 5 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 8940 New Palace International Co., Ltd. TAI 1.05B 15.60 0.33 pts
1.63%
2 2753 Bafang Yunji International Company Limited TAI 12.16B 182.50 0.17 pts
0.83%
3 7705 Mercuries F&B Co., Ltd. TAI 2.01B 30.45 -0.29 pts
-1.46%
4 2723 Gourmet Master Co. Ltd. TAI 11.00B 61.10 -0.32 pts
-1.61%
5 2727 Wowprime Corp. TAI 19.14B 231.00 -0.42 pts
-2.12%

The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.

Evidence context