Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.
77
technical evidence
out of 100
out of 100
Week Ending: 14 August 2026
Taiwan TW Technology Industry
Semiconductor Equipment & Materials
For the week ending 14 August 2026, Semiconductor Equipment & Materials advanced 3.27% with 23 advancing, 4 declining, and 1 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.
77
technical evidence
Index5280.47
1 week3.27%
Breadth82%
Members28
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
Deceleration
4 completed weeks in this state
Trend acceptance
17.2%
Index versus Trend Line
Persistence
100%
Positive across every horizon
Participation
82%
23 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
Wait
Five-pillar map
Trend
81
Breadth
66
Persistence
85
Relative
80
Risk quality
68
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.
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 age4 weeks
Trend gateUp
Fan width5.83%
Fast versus slow change-11.10 pts
Above 17%
Below 17%
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
7.9%
26-week
64.4%
39-week
85.0%
52-week
114.7%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
86%positive
Coherent positive43%
Coherent negative0%
Average horizon agreement82%
Positive horizon share77%
Weakening positives11
Repairing negatives2
28 constituents measured as of 14 Aug 2026. Median trend age is 34 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 index142.2
13-week trend143.1
4-week trend change1.53%
Weekly peer rank5 of 11
1 week
0.1 pts
relative
4 weeks
-2.9 pts
relative
13 weeks
2.6 pts
relative
26 weeks
32.7 pts
relative
52 weeks
63.6 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Broad
Participation quality
82%
advanced
- Advancing
- 23
- Declining
- 4
- Unchanged
- 1
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility38.2%
Drawdown from 52-week high-13.2%
Positive weeks, last 1346%
Current directional run2 weeks
Turnover versus 13-week norm52%
Breadth impulse33.9 pts
Cross-section
28 measured
Return distribution
Q1 0.8%
Median 3.4%
Q3 4.6%
Average winner4.5%
Average loser-2.7%
Dispersion4.0 pts
Top-five upside share46%
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 28 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 28 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.