The evidence is constructive, but security selection and entry discipline still matter.
67
technical evidence
out of 100
out of 100
Week Ending: 14 August 2026
Taiwan TW Utilities Industry
Utilities - Regulated Gas
For the week ending 14 August 2026, Utilities - Regulated Gas declined 0.03% with 2 advancing, 2 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.
Current architecture
Balance
Directional pressure is compressed and neither side has durable control.
67
technical evidence
Index1396.58
1 week-0.03%
Breadth50%
Members4
Country
🇹🇼 Taiwan · TW
Sector
Utilities
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
Balance
1 completed week in this state
Trend acceptance
0.5%
Index versus Trend Line
Persistence
100%
Positive across every horizon
Participation
50%
2 advancing, 2 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
Selective
Five-pillar map
Trend
47
Breadth
52
Persistence
100
Relative
75
Risk quality
85
What supports the view
- Constituent trends show positive multi-horizon persistence.
- Relative performance is improving within its parent hierarchy.
What restrains conviction
- Index trend architecture has not delivered a durable upward expansion.
- Breadth remains too narrow or inconsistent for a high-conviction position.
- 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.
Directional pressure is compressed and neither side has durable control.
State age1 weeks
Trend gateMixed
Fan width1.47%
Fast versus slow change1.13 pts
Above 50%
Below 0%
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
4.2%
26-week
2.8%
39-week
2.5%
52-week
1.3%
Constituent trend persistence
100% coverage
Is the index move broadly durable?
100%positive
Coherent positive100%
Coherent negative0%
Average horizon agreement100%
Positive horizon share100%
Weakening positives0
Repairing negatives0
4 constituents measured as of 14 Aug 2026. Median trend age is 5 weeks.
Custom stage map
100% coverage
Where constituents sit in the cycle
100%Stage 1
Stage 1 · Basing100%4 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining0%0 securities
Re-acceleration watch0
Transition watch1
Relative strength leaders0%
Fair Value repairs0
Measured as of 14 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.
Architecture breadth
58/100 mean confidence
How market energy is distributed
Architecture breadth shows the distribution of expanding, rotating, balancing and contracting securities. It is diagnostic context and is not added as a second vote in the positioning score.
Capital rotation
Performance relative to Utilities
Relative index
13-week relative trend
Starting level
A rising relative line means this group is compounding faster than Utilities. A falling line means capital has done better in the parent benchmark.
Relative index108.1
13-week trend102.7
4-week trend change4.71%
Weekly peer rank1 of 1
1 week
1.8 pts
relative
4 weeks
1.4 pts
relative
13 weeks
12.0 pts
relative
26 weeks
17.1 pts
relative
52 weeks
24.2 pts
relative
Market internals
Participation, dispersion and path risk
Equal-weight index evidence with constituent-level breadth and dispersion.
Breadth
Balanced
Participation quality
50%
advanced
- Advancing
- 2
- Declining
- 2
- Unchanged
- 0
Risk and persistence
52-week lens
Path quality
Annualised weekly volatility18.7%
Drawdown from 52-week high-13.1%
Positive weeks, last 1362%
Current directional run1 week
Turnover versus 13-week norm44%
Breadth impulse-4.2 pts
Cross-section
4 measured
Return distribution
Q1 -0.4%
Median -0.1%
Q3 0.3%
Average winner0.4%
Average loser-0.5%
Dispersion0.5 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?
Sentiment evidence is still developing
Qualified company-level news coverage is not yet broad enough to influence the group view.
0 qualified records across 4 measured constituents.Leadership tape
Leaders, laggards and contribution shape
Latest completed week, ranked on uncapped constituent returns.
Constituent ledger
Industry constituents
All 4 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.