Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.
44
technical evidence
out of 100
out of 100
Week Ending: 14 August 2026
Taiwan TW Technology Industry
Consumer Electronics
For the week ending 14 August 2026, Consumer Electronics advanced 1.94% with 14 advancing, 4 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.
44
technical evidence
Index1710.88
1 week1.94%
Breadth78%
Members18
Country
🇹🇼 Taiwan · TW
Sector
Technology
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
5 completed weeks in this state
Trend acceptance
-3.7%
Index versus Trend Line
Persistence
100%
Negative across every horizon
Participation
78%
14 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.
Evidence balance
Reduce
Five-pillar map
Trend
34
Breadth
64
Persistence
39
Relative
15
Risk quality
77
What supports the view
- Participation is broad enough to support the index move.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- 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.
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 activity fan is bearishly ordered below the Trend Line with price accepted beneath it.
State age5 weeks
Trend gateDown
Fan width4.09%
Fast versus slow change-2.10 pts
Above 0%
Below 83%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence
100% agreement
Negative across every horizon
The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.
13-week
-5.3%
26-week
-4.3%
39-week
-3.8%
52-week
-3.5%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
44%positive
Coherent positive17%
Coherent negative33%
Average horizon agreement83%
Positive horizon share39%
Weakening positives2
Repairing negatives2
18 constituents measured as of 14 Aug 2026. Median trend age is 16 weeks.
Custom stage map
Where constituents sit in the cycle
Stage Analysis coverage is still building.
Capital rotation
Performance relative to Technology
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Technology. A falling line means capital has done better in the parent benchmark.
Relative index62.8
13-week trend63.3
4-week trend change-2.74%
Weekly peer rank8 of 11
1 week
-1.2 pts
relative
4 weeks
-3.1 pts
relative
13 weeks
-10.5 pts
relative
26 weeks
-36.0 pts
relative
52 weeks
-54.6 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
78%
advanced
- Advancing
- 14
- Declining
- 4
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility17.6%
Drawdown from 52-week high-12.7%
Positive weeks, last 1354%
Current directional run2 weeks
Turnover versus 13-week norm40%
Breadth impulse30.6 pts
Cross-section
18 measured
Return distribution
Q1 0.5%
Median 1.9%
Q3 3.7%
Average winner6.6%
Average loser-6.6%
Dispersion13.7 pts
Top-five upside share84%
Top-five capital share75%
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 18 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 18 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.