Weekly Chart PackCompleted weekly market data ยท Independent research
TWO ยท Equity ยท Taiwan
8291
ShineMore Technology Materials Co., Ltd.
TechnologyElectronic Components
ShineMore Technology Materials Co., Ltd. engages in the manufacturing, processing, marketing, and sale of copper foil circuit boards and adhesive films in Taiwan and Japan. It offers FR-4 CCL, prepreg/bonding sheet, and metal CCL products. The company was founded in 1997 and is based in Taoyuan City, Taiwan. ShineMore Technology Materials Co., Ltd. is a subsidiary of Daito Me Co Ltd.
Last updated
28 Aug 2026
Exchange
Taipei Exchange ยท TWO
Sector
Technology
Industry
Electronic Components
Currency
TWD
Market capitalisation
611,745,728
Fair value reference
26.20
Next-week expectancy
Negative ยท 36.38%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-28, 8291 fell 15.98%, moving from 42.55 to 35.75. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is 4.56 and has softened across the 12-week window. Market Dynamics is -0.66 on the latest week. Next-week expectancy is negative at 36.38% based on similar historical setup states.
Week Ending
28 Aug 2026
Latest Close
35.75
12-Week Change
-15.98%
Trend Signal
Active
Next-Week Expectancy
Negative 36.38%
Signal Weeks
12 of 12
Weekly Trend
Weekly Close
Trend Line
Fair Value
Activity Lines
Analysis panels
Choose up to 6 panels. Drag panel headers to reorder.
Adaptive Price Envelope
Price, volatility and confirmation
Adaptive Price Envelope APE
See where price sits inside boundaries that adjust to completed-week direction and volatility, then check whether the wider evidence confirms the move.
Current completed-week read ยท 2026-08-28
Price is testing the lower adaptive boundary
Lower-envelope pressure is established. The important distinction is whether price repairs back inside the envelope or continues lower with confirming evidence.
Use the envelope for price location and Market Dynamics to see whether support beneath price is strengthening or weakening.
Supportive Market DynamicsCautious Market DynamicsNeutral line
APE and support read
Market Dynamics confirms lower-envelope pressure
Underlying support is cautious while price is on the lower side of APE. Repair would require price and Market Dynamics to improve together.
Current reading
-0.66
Four-week change
-0.22
Current path
Weakening
Confirmation checks
What supports or challenges the current read
A band touch is context, not a conclusion. These independent checks show whether the completed-week move has broader support.
Envelope pathCautious7% of the envelope
Price location and the direction of the adaptive centre are read together.
Trend LineSupportiveAbove and rising
Checks whether completed-week price and the primary trend are moving in the same direction.
Market DynamicsCautious-0.66 ยท -0.22 over 4 weeks
Tests whether support beneath price is strengthening or weakening.
Relative strengthMixed+4.6 ยท -19.6 over 4 weeks
Shows whether the listing is strengthening or weakening against its stored comparison benchmark.
ParticipationMixed0.42ร recent volume
Checks whether the current move is attracting more participation than recent completed weeks.
Completed-week analysis
How to interpret this envelope now
Price position
Testing the lower envelope
The latest close sits at 7% of the current lower-to-upper envelope span and has held this state for 6 completed weeks.
Envelope width
Envelope width is expanded
Current width ranks at the 97th percentile of the recent completed-week history. Compression can precede expansion but does not determine direction.
Evidence agreement
Partial confirmation
60% of the available trend, support, relative-strength and participation checks agree with or do not contradict the current envelope pressure.
What to watch next
Persistence, repair or rejection
Watch completed closes around the adaptive centre (45.14), upper boundary (109.32) and lower boundary (30.17).
Recent completed events
What changed around the envelope
Lower repair
Price moved back inside the envelope after a lower break.
Lower-envelope break
Price closed beneath the adaptive lower boundary.
Lower repair
Price moved back inside the envelope after a lower break.
Lower-envelope break
Price closed beneath the adaptive lower boundary.
Upper re-entry
Price moved back inside the envelope after an upper break.
Upper-envelope break
Price closed above the adaptive upper boundary.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationRange-bound structure with negative but contained
Recent completed price swings are mixed, with neither side establishing a clean sequence. Price is above its completed-week trend reference and that reference is rising.
Full context ยท Mixed confirmation
Current structureRange-bound structure
Recent completed price swings are mixed, with neither side establishing a clean sequence.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 30.58 ยท Resistance 36.90
Nearest completed structural references around the latest close.
Participation qualityLight participation
The latest weekly move occurred on comparatively light participation.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move+2.29%
Latest close versus the preceding completed close.
Candle characterNegative but contained
Price declined, although selling did not fully control the completed weekly range.
Where the week closedMiddle of the range
The close finished at 51% of the completed weekly range.
Path qualityMixed confirmation
Recent price structure and the longer trend relationship are not fully aligned.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
Recent completed price swings are mixed, with neither side establishing a clean sequence.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is light participation, and path quality is mixed confirmation.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history21% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high-70.2%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+169.8%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical0.5ร typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
Trend reclaimed
The weekly close moved back above the completed trend reference.
5 weeks ago
High-participation reversal
Price changed weekly direction with elevated participation.
9 weeks ago
Upside structure cleared
The weekly close moved above the preceding completed price structure.
13 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
24 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateInside accepted value
52-week position
19.5%
Low to high
Accepted price
46.89
Latest versus accepted: -23.76%
Fitted direction
Rising
0.82% per week
Range pressure
44/100
Balanced pressure
Range condition
Normal
0.95ร normal range
Range pressureCurrent range pressure ยท 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support17.10
From price
-52.2%
Evidence
70/100
Touches
50
Support27.75
From price
-22.4%
Evidence
55/100
Touches
3
Support33.30
From price
-6.9%
Evidence
54/100
Touches
2
Resistance39.34
From price
10.1%
Evidence
69/100
Touches
2
Resistance47.57
From price
33.1%
Evidence
100/100
Touches
5
Current reading
What the range shows
Current positionInside accepted value
Price is at 19.5% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.82% per week.
Range pressureBalanced pressure
The current pressure reading is 44/100; 50 is balanced.
Next structural level33.30
Support is 6.9% from the latest close with 54/100 evidence strength.
Point & Figure
Price structure ยท volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readSupport remains constructive, but momentum is cooling
The broader structure remains supportive while the latest momentum path has weakened.
Momentum 0.78 ยท Weakening
Trend qualityConstructive
The current trend state has persisted for 17 completed weeks; visible confirmation is constructive.
Momentum pathStrong ยท Weakening
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsNormal
No recent reversal warning is present in the completed-week record.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
The current trend relationship and completed-week context are broadly aligned.
What would improve it
A turn higher in the momentum path, followed by steadier trend confirmation, would strengthen the reading.
What could weaken it
There is no fresh positive event marker, so the current reading depends on continued confirmation rather than a new signal.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
No published Smart Money event marker appears in the completed history currently shown.
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Zero lineMarket Dynamics Rate of ChangePrice ActionVolume ActionFlip UpFlip Down
Price and support relationship ยท 12 completed weeks
Price weakness is confirmed by Market Dynamics
Price changed -10.6% and Market Dynamics changed -0.22 over the latest 4 completed weeks. Both readings currently point to weaker completed-week conditions.
Latest 4 weeks in focus
Price change from 2026-06-12Market DynamicsLatest 4 completed weeks
Zone-to-zone journey model
90% across the current zone span
The model estimates a 76% chance of confirming accumulation within 52 completed weeks and a 22% chance of returning to the source zone first.
Current journey
Distribution to accumulation ยท Near target zone
Activated
2026-06-05
Model data
Through 2026-08-21
What Market Dynamics shows
Yes. Market Dynamics follows the completed-week transition between the two sides of a market cycle. Accumulation is the lower zone where selling pressure may be absorbed and support may be forming; distribution is the upper zone where earlier demand may be tiring and supply can begin to take control. The model measures both accumulation to distribution and the reverse journey, and waits for a deeper close or repeated closes before treating a new zone as confirmed. 8291 is 90% across its current move from distribution back toward accumulation. The journey remains open because neither the target nor a return to the source has been confirmed. For an investor, the value is in separating an apparent price move from a completed change in market character: target confirmation can strengthen the case that a new phase is taking hold, while a confirmed source return warns that the attempted change did not persist and the risk/reward should be reassessed. The completed journeys below show how 1 transitions in this ticker's stored history reached and confirmed the opposite zone.
Current zone-span position 90%
Distribution to Accumulation ยท 12 completed weeks since exit
Complete within 26 weeks 75%
Confirm the current accumulation zone first
Complete within 52 weeks 76%
Confirm the target zone using completed weeks
Invalidate within 52 weeks 22%
Confirm a return to the source zone first
Question 1 ยท Where has price travelled?
Current journey through the zone span
Zero is the confirmed starting zone; 100% is the opposite target zone.
Observed zone-span positionStarting-zone sideTarget-zone side
Question 2 ยท What does the model estimate?
Current 52-week outcome probability
These are competing model outcomes for the active journey, not next-week forecasts.
Confirm target within 52 weeksReturn to source within 52 weeks
12 weeks63%
26 weeks75%
52 weeks76%
Accumulation zone
27.64 / deep 14.64
Current close
35.75
Distribution zone
105.61 / deep 118.61
Source-zone dwell
3 completed weeks
Market Dynamics -0.66Latest causal completed-week reading12-week change -1.95Change in underlying supportTrend position 4%Close relative to the Trend LineVolume ratio 1.07รRecent activity versus its baseline
What actually happened before?
Successful zone transitions
Target-confirmed opposite-zone transitions from the latest 156 charted weeks.
Most recent successful journeyAccumulation to Distribution ยท Confirmed distribution
2026-05-08โ2026-05-29 ยท 4 completed weeks ยท price move +239.0%. Across this chart, 1 journey confirmed an opposite zone: 1 reached distribution and 0 reached accumulation.
0% ยท confirmed source exit100% ยท confirmed opposite zone
Accumulation to DistributionConfirmed distribution
2026-05-08โ2026-05-29 ยท journey 4w ยท source dwell 59w
Source exit50%Target confirmed
Furthest point
100%
Price move
+239.0%
Time to confirm
4w
Reached and confirmed distribution after 4 completed weeks. Price moved +239.0% from the confirmed source-zone exit.
Price Cycle
Completed-week market perception
Price Cycle
A deep view of whether price pressure is strong, weak, strengthening, fading or moving through a higher-risk transition.
Current Price Cycle readPositive pressure is historically strong, but cooling
Positive pressure is elevated relative to the completed history. Positive pressure remains, but it is becoming less forceful.
+36.46% ยท Historically strong ยท Cooling
Market positionHistorically strong
Positive pressure is elevated relative to the completed history.
Pressure directionCooling
Positive pressure remains, but it is becoming less forceful.
Trend qualityPersistent
Directional progress remains visible despite some interruption.
Risks and warningsCooling from elevated strength
Pressure remains positive, but an historically elevated reading has started to fade.
Pressure, price and published transitions
Where market perception strengthened, faded or changed state
The percentage reading is primary. Weekly close is retained only as market context; selected annotations identify meaningful completed transitions.
Market PerceptionPositive pressureNegative pressureWeekly CloseBalanceCrossed upCrossed downPublished transition or Price Action signal
Current evaluation
What the Price Cycle says now
The evaluation combines the finished pressure state, its direction, persistence and historical context.
What supports it
Price remains in positive market-perception territory.
What would improve it
Renewed upward pressure without further loss of path quality would restore confidence.
What could weaken it
Pressure remains positive, but an historically elevated reading has started to fade.
What to watch next
The latest path is cooling with persistent trend quality. Comparable history is soft follow-through.
Statistical perspective
How unusual, persistent and historically consequential is this position?
Historical observations describe completed evidence. They do not predict the next price move.
Historical positionUpper 7% of history
The latest reading is stronger than 93% of completed observations.
State persistence17 completed weeks
The current historically strong state has persisted without interruption.
Comparable historySoft follow-through
Across 26 comparable completed observations, later closes were higher 31% of the time; the typical move was -9.6%. This is context, not a forecast.
Published transition history
What changed, and when
Transitions are completed observations, not standalone instructions to buy or sell.
Elevated strength
Positive pressure entered an historically strong position.
Latest week
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
1 week ago
Elevated strength
Positive pressure entered an historically strong position.
5 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
11 weeks ago
Positive pressure established
The completed reading moved from weakness into positive pressure.
16 weeks ago
Recovery began
Negative pressure remained, but the completed path began to repair.
17 weeks ago
VWAP Control
Completed-week volume-weighted structure
VWAP Control
Shows price against its completed-week volume-weighted references, changes in control and the levels that would confirm or weaken the current reading.
Current controlSellers firmly in control
Price is below the core VWAP, which is falling. 50% of recent weighted activity has been accepted above it.
13/100 pressure
ControlSellers firmly in control
Pressure 13/100 and -4.1 points over four weeks.
VWAP stack0 of 6 below price
4 references converge near 58.10: 52-week VWAP, Year VWAP, 26-week VWAP, High-activity anchor.
Acceptance50% above
Share of recent completed weighted activity accepted on the prevailing side of the core VWAP.
Core direction-0.6% / week
Four-week direction; change in pace +1.3 pts.
Stretch1.4 normal ranges below
Price is -37.9% from the core VWAP.
Persistence13 completed weeks
Price has remained below the core VWAP.
Price, VWAP structure and control transfers
Where control changed
156 completed weeks ยท Reported weekly volume
Weekly close13-week VWAP26-week VWAP52-week VWAPHigh-activity anchorNormal VWAP rangePositive transferNegative transfer
Control backgroundBuyer controlContestedSeller control
Seller control50 ยท contestedBuyer control
Current VWAP signals
Control, agreement and concentration
Sellers firmly in control
Sellers firmly in control
The current position, VWAP direction and completed acceptance evidence broadly agree.
Price and VWAP pressure broadly agree
No material six-week disagreement is present between price direction and VWAP control.
VWAP cluster present
4 references converge near 58.10: 52-week VWAP, Year VWAP, 26-week VWAP, High-activity anchor.
Confirmation and failure levels
Levels that change the current reading
Confirmation38.40
A completed close above Swing high with pressure holding above 60 would strengthen buyer control.
Decision area38.40
Swing high at 38.40, 7.4% above the latest close.
Weakening level57.56
A completed loss of the core VWAP with pressure below 40 would strengthen seller control.
Current VWAP stack
Volume-weighted price levels
Swing high38.40
+7.41% from close
13-week VWAP44.63
+24.85% from close
52-week VWAP57.41
+60.59% from close
Year VWAP57.41
+60.59% from close
26-week VWAP57.56
+61.02% from close
High-activity anchor60.01
+67.85% from close
Estimated activity position
Activity above and below price
Below price 19%Above price 81%
38%near price
A notable share of recent weighted activity remains above price and may act as overhead supply.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark ยท ^TWIIWeaker control than reference
Weaker control than reference; control-score gap -73.9 points.
Buyers firmly in control ยท 87/100
Sector ยท TechnologyWeaker control than reference
Weaker control than reference; control-score gap -61.5 points.
Buyer control developing ยท 74/100
Industry ยท Electronic ComponentsWeaker control than reference
Weaker control than reference; control-score gap -67.4 points.
Buyers firmly in control ยท 80/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible historyโnot a forecast.
Weekly reclaim56% favourable
Events
9
Median 4w
-4.67%
Median 13w
+3.73%
Typical best
+59.38%
Typical worst
-24.00%
Completed occasions when price moved back above the core VWAP.
Weekly loss56% favourable
Events
9
Median 4w
-3.17%
Median 13w
-17.39%
Typical best
+8.40%
Typical worst
-17.39%
Completed occasions when price moved below the core VWAP.
Comparable control states52 matched weeks
Positive after 4w
46%
Median 4w
+0.00%
Positive after 13w
42%
Median 13w
+0.00%
Best / worst 13w
+721.9% / -35.5%
Outcomes after completed weeks with a similar control score and the same side of the core VWAP.
VWAP control history
Completed changes
VWAP structure turned lower
The fast VWAP crossed below the core VWAP.
Seller pressure established
The completed control reading moved into negative territory.
Core VWAP lost
Price completed the week below the core VWAP.
VWAP structure turned higher
The fast VWAP crossed above the core VWAP.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
Core VWAP lost
Price completed the week below the core VWAP.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support remains weak and requires repair
Price weakness is accompanied by a cautious SMI state. The latest reading is based on completed weekly evidence.
0.40 ยท Fragile
Current stateFragile ยท 0.40
Latest completed-week SMI reading
DirectionWeakening
How the completed SMI path is changing
PersistenceNew
1 completed week in the current state
Price relationshipConfirming price weakness
Price weakness is accompanied by a cautious SMI state.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.40 ยท Fragile
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have produced mixed historical outcomes
Across 44 comparable completed observations, 47.7% closed higher after 13 weeks. The median move was +0.0%.
Comparable observations
44
Completed historical readings
Positive outcomes
47.7%
After 13 completed weeks
Median move
+0.0%
Over the following 13 weeks
Versus normal baseline
+6.3 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
28 Aug 2026
Latest Close
35.75
12-Week Change
-15.98%
Trend Signal
Active
Next-Week Expectancy
Negative 36.38%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
4.56
Market Dynamics
-0.66
Over the latest 12 completed weeks ending 2026-08-28, 8291 fell 15.98%, moving from 42.55 to 35.75. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is 4.56 and has softened across the 12-week window. Market Dynamics is -0.66 on the latest week. Next-week expectancy is negative at 36.38% based on similar historical setup states.
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