Week Ending: 14 August 2026

Taiwan TW Industrials Industry

Marine Shipping

For the week ending 14 August 2026, Marine Shipping advanced 2.14% with 7 advancing, 4 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

70 technical evidence

Index4297.82 1 week2.14% Breadth64% Members11

Country 🇹🇼 Taiwan · TW

Sector Industrials

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 Upward Expansion 2 completed weeks in this state

Trend acceptance 4.9% Index versus Trend Line

Persistence 100% Positive across every horizon

Participation 64% 7 advancing, 4 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 Build exposure selectively

The evidence is constructive, but security selection and entry discipline still matter.

70 technical evidence
out of 100

Evidence balance

Five-pillar map

Selective

Trend

Breadth

Persistence

Relative

Risk quality

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.
Relative performance is improving within its parent hierarchy.

What restrains conviction

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

A completed weekly close below the Trend Line at 4,098.95 would weaken the constructive case.
Breadth falling below 45% while the index holds up would signal narrowing leadership.
A turn to negative 13 and 26-week parent-relative performance would remove the rotation edge.

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 Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

State age2 weeks

Trend gateUp

Fan width2.07%

Fast versus slow change1.39 pts

Above 67% Below 33%

Six completed weeks of price acceptance relative to the full Activity Line fan.

Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week

11.0%

26-week

9.2%

39-week

11.4%

52-week

8.0%

Regime age7 weeks 52-week flips13 52-week boundary3979.96

Constituent trend persistence

Is the index move broadly durable?

100% coverage

55%positive

Coherent positive45%

Coherent negative18%

Average horizon agreement84%

Positive horizon share70%

Weakening positives0

Repairing negatives2

11 constituents measured as of 14 Aug 2026. Median trend age is 20 weeks.

Custom stage map

Where constituents sit in the cycle

Stage Analysis coverage is still building.

Capital rotation

Performance relative to Industrials

Improving

Relative index 13-week relative trend Starting level

Rotation dashboard Improving

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

Relative index105.1

13-week trend101.1

4-week trend change1.14%

Weekly peer rank3 of 17

1 week

0.6 pts relative

4 weeks

3.0 pts relative

13 weeks

6.3 pts relative

26 weeks

1.9 pts relative

52 weeks

-2.6 pts relative

Market internals

Participation, dispersion and path risk

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

Breadth

Participation quality

Broad

64% advanced

Advancing: 7
Declining: 4
Unchanged: 0

4-week average 61%

13-week average 51%

Risk and persistence

Path quality

52-week lens

Annualised weekly volatility18.8%

Drawdown from 52-week high0.0%

Positive weeks, last 1362%

Current directional run2 weeks

Turnover versus 13-week norm81%

Breadth impulse13.6 pts

Cross-section

Return distribution

11 measured

Q1 -0.6% Median 0.5% Q3 6.0%

Average winner4.1%

Average loser-1.4%

Dispersion3.5 pts

Top-five upside share97%

Top-five capital share96%

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 11 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 2611Tze Shin International Co., Ltd.

7.17% 2 2615Wan Hai Lines Ltd.

6.71% 3 5608Shih Wei Navigation Co., Ltd.

6.42% 4 2603Evergreen Marine Corporation (Taiwan) Ltd.

5.54% 5 2609Yang Ming Marine Transport Corporation

2.18%

Weakest edge

11 2637Wisdom Marine Lines Co., Limited (Cayman)

-2.50% 10 2606U-Ming Marine Transport Corporation

-1.78% 9 2605Sincere Navigation Corporation

-0.61% 8 2617Taiwan Navigation Co., Ltd.

-0.52% 7 2613China Container Terminal Corporation

0.49%

Constituent ledger

Industry constituents

All 11 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return

1 2611 Tze Shin International Co., Ltd. TAI 2.83B 14.95 0.65 pts

7.17%

2 2615 Wan Hai Lines Ltd. TAI 254.24B 90.60 0.61 pts

6.71%

3 5608 Shih Wei Navigation Co., Ltd. TAI 5.49B 14.10 0.58 pts

6.42%

4 2603 Evergreen Marine Corporation (Taiwan) Ltd. TAI 474.14B 219.00 0.50 pts

5.54%

5 2609 Yang Ming Marine Transport Corporation TAI 180.19B 51.60 0.20 pts

2.18%

6 8367 Chien Shing Harbour Service Company Limited TAI 3.71B 40.25 0.05 pts

0.50%

7 2613 China Container Terminal Corporation TAI 2.81B 20.50 0.04 pts

0.49%

8 2617 Taiwan Navigation Co., Ltd. TAI 12.00B 28.75 -0.05 pts

-0.52%

9 2605 Sincere Navigation Corporation TAI 18.94B 32.35 -0.06 pts

-0.61%

10 2606 U-Ming Marine Transport Corporation TAI 56.03B 66.30 -0.16 pts

-1.78%

11 2637 Wisdom Marine Lines Co., Limited (Cayman) TAI 63.97B 85.70 -0.23 pts

-2.50%

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