Market Dynamics weakened this week and remains below zero.
Equity · completed-week adaptive desk
9917 Technicals
Taiwan Secom Co., Ltd.
Price-technical state
Rotational
Price structure only · 260 completed observations · through 2026-08-14
Price structureRotationalcompleted-week alignment
Momentum49.5Negative
Risk pressure3.0%Normal
Trend quality17.5Range-led
Technicals / Market Dynamics agreement
Negative pressure; price rotationalMarket Dynamics is negative while price has no clear direction
Market Dynamics weakened this week and remains below zero. The broader path has not changed enough to establish a new direction. Price structure remains rotational.
Current take
The underlying condition is weak, but a negative price response is still required.
Market Dynamics
Price, Market Dynamics and positioning zones
Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.
Latest -0.42
Negative and broadly steady
Negative and broadly steady
Price is travelling between the two major positioning zones.
Entering the lower zone alone does not create a positioning confirmation.
The broader path has not changed enough to establish a new direction.
Weekly close
Supportive Market Dynamics
Cautious Market Dynamics
Accumulation zone
Distribution zone
Positioning recovery
Distribution rollover
Price / pressure gap
This ticker's completed record
How price has behaved around Market Dynamics
Distinct zone visits are measured once, then followed through completed weekly closes. Open episodes are kept separate from completed outcomes.
Market Dynamics is negative while price remains rotational
Treat the pressure as context until price establishes a clear response.
- Where it is now
- Easier this weekMarket Dynamics weakened this week and remains below zero.
- Four-week context
- Broadly steady over four weeksThe broader path has not changed enough to establish a new direction.
- Price response
- Price has no clear directionPrice remains rotational while the Market Dynamics condition develops.
- Historical context
- 55.6% moved lower after 12 weeks across 18 casesAverage later move: -0.3%
- Same-week correlation
- 0.25
- Direction agreed
- 46.9%
- Completed comparisons
- 243
After accumulation1 distinct visit
4 weeks0.0% higher1 outcome
12 weeks100.0% higher1 outcome
26 weeks100.0% higher1 outcome
Average time before leaving the zone: 8.0 weeks.
After distribution1 distinct visit
4 weeks100.0% lower1 outcome
12 weeks100.0% lower1 outcome
26 weeks100.0% lower1 outcome
Average time before leaving the zone: 5.0 weeks.
Broad direction and divergence
What followed from the broader directional relationship
These cases compare broad price direction with the Market Dynamics level. The current read above also tests whether Market Dynamics strength is keeping pace with price.
Average 12-week move: 3.5% from 14 completed cases.
Average 12-week move: 0.0% from 18 completed cases.
55.6% were lower after 12 weeks. The deepest pullback arrived after 6.6 weeks on average.
64.3% were higher after 12 weeks. The strongest recovery arrived after 6.5 weeks on average.
Practical application
Strategy observations from this ticker's own record
The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.
Do not chase price while the underlying evidence lags
In this ticker's completed record, 55.6% of comparable cases moved lower after 12 weeks, with an average move of -0.3% across 18 cases.
ApproachUse the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.
Review the case whenReassess the reading when either price structure or the Market Dynamics state changes materially.
Use accumulation to prepare the long case, then wait for confirmation
After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 8.0 weeks on average before leaving the zone.
ApproachBuild the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.
Review the case whenA failed price response or renewed weakness removes the reason to increase long exposure.
Use unsupported price strength to tighten discipline
Comparable disagreements produced an average pullback of 4.7% across 18 completed cases, with the largest move arriving after 6.6 weeks on average.
ApproachAvoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.
Review the case whenThe warning ends when Market Dynamics catches up or price gives way.
Historical outcomes describe this ticker's completed record. They do not make the next move certain and are not trading instructions.
Adaptive evidence set
The charts that matter to this tape now
This is not a fixed indicator wall. The price anchor is retained for context; the remaining panels are selected dynamically according to the conditions visible in this ticker.
104 observations displayed
6 views selected
6 views selected
Price structureRotationalcompleted-week alignment
Momentum49.5Negative
Risk pressure3.0%Normal
Trend quality17.5Range-led
Range position49%location inside observed range
Adaptive set6 viewsselected for the current tape
Price architecture
Trend, acceptance and volatility envelope
Price is shown against fast and slow trend references with its current volatility envelope.
Why this view is active
Selected as the anchor because price is rotating through its trend references.
Relative leadership
Strength versus the research benchmark
Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.
Why this view is active
Selected because benchmark-relative leadership is strengthening, fading or diverging from price.
Participation
Activity pressure and cumulative balance
Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.
Why this view is active
Selected because participation is confirming or diverging from the latest price path.
Path risk
Drawdown and recovery pressure
Capital impairment and recovery are shown together so return is not separated from path difficulty.
Why this view is active
Selected because the current recovery or drawdown path is central to the tape.
Price impulse
Acceleration, deceleration and rollover
The impulse path separates directional acceleration from a loss of momentum.
Why this view is active
Selected because the latest impulse is unusually active or is approaching a change of direction.
Trend quality
Directional strength and control
Directional pressure shows which side controls the tape while strength remains direction-neutral.
Why this view is active
Selected because directional control or trend strength is materially changing.
Sharemaestro tape intelligence
What the gauges support now
One assessment resolves price structure and Market Dynamics. The supporting views show the control, force, direction and confidence behind it.
100/100 evidence depth
observed participation included
observed participation included
Market Dynamics has stronger support
The gauges support the downward view
The completed evidence gives the downward view the clearer support.
Market Dynamics has stronger support
Seller control supports the view
Downward commitment
Downward follow-through
Strong support
SM consensus path · Market Dynamics display window
SM Consensus Gauge against price
The bars show the direction and strength of the resolved assessment. Completed price is retained as context.
Latest -20.1
Market Dynamics has stronger support
Market Dynamics has stronger support
Supportive consensus
Cautious consensus
Weekly close
Neutral
Control
SM Control Gauge
Shows whether buyer or seller control supports the current assessment and whether that support is strengthening or easing.
Current controlSeller control supports the viewRecent pathBroadly stableLatest 12 months
Buyer controlSeller controlBalanced
Commitment
SM Force Gauge
Shows the strength of market commitment behind the current assessment.
Current forceDownward commitmentRecent pathCommitment is easingLatest 12 months
Positive forceNegative forceActivity intensity
Direction and follow-through
SM Direction Gauge
Shows the directional follow-through behind the current assessment and whether it is established or still developing.
Current directionDownward follow-throughFollow-throughUnsettledLatest 12 months
Advancing directionDeclining directionFollow-through
Assessment strength
SM Confirmation Gauge
Shows how firmly the current assessment is supported. Greater assessment risk reduces the weight of the conclusion.
ConfirmationStrong supportAssessment riskContainedLatest 12 months
SM Confirmation GaugeAssessment risk
These charts describe completed market observations and can lag or reverse. The SM gauges provide one confirmation layer; differences in the underlying evidence reduce confirmation rather than create another competing view. Market Dynamics is proprietary Sharemaestro output: this page presents only its published values and plain-language context. Its construction and inputs remain private.