Weekly Chart PackCompleted weekly market data · Independent research
TAI · Equity · Taiwan
2020
Mayer Steel Pipe Corporation
Basic MaterialsSteel
Mayer Steel Pipe Corporation, together with its subsidiaries, engages in production and sales of black steel and galvanized steel pipes, and stainless-steel coils for pipes in Taiwan. It operates through Steel Department, Real Estate Investment Department, Investment Department, Mineral Trade Department, and Hotel Services Department segments. The company also offers zinc-coated steel, galvanized carbon steel, stainless steel, carbon steel pipes for mechanical structures, and plates. In addition, it is involved in the …
Last updated
7 Aug 2026
Exchange
Taiwan Stock Exchange · TAI
Sector
Basic Materials
Industry
Steel
Currency
TWD
Market capitalisation
5,661,064,192
Fair value reference
22.90
Next-week expectancy
Negative · 40.43%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-07, 2020 rose 1.17%, moving from 21.30 to 21.55. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -29.54 and has improved across the 12-week window. Market Dynamics is -0.87 on the latest week. Next-week expectancy is negative at 40.43% based on similar historical setup states.
Week Ending
7 Aug 2026
Latest Close
21.55
12-Week Change
1.17%
Trend Signal
Inactive
Next-Week Expectancy
Negative 40.43%
Signal Weeks
0 of 12
Weekly Price
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Panels
Choose up to 5 panels. Drag panel headers to reorder.
Price Action
Up Week
Down Week
Trend Line
Pivotal Level / Support
Volume
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
27.9%
Low to high
Accepted price
21.97
Latest versus accepted: -1.90%
Fitted direction
Sideways
-0.10% per week
Range pressure
42/100
Balanced pressure
Range condition
Normal
0.82× normal range
Range pressureCurrent range pressure · 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support21.01
From price
-2.5%
Evidence
70/100
Touches
3
Support21.45
From price
-0.5%
Evidence
96/100
Touches
4
Resistance21.96
From price
1.9%
Evidence
100/100
Touches
8
Resistance22.51
From price
4.5%
Evidence
85/100
Touches
4
Current reading
What the range shows
Current positionInside accepted value
Price is at 27.9% of its latest 52-week range.
Fitted directionSideways
The fitted centre line is moving -0.10% per week.
Range pressureBalanced pressure
The current pressure reading is 42/100; 50 is balanced.
Next structural level21.45
Support is 0.5% from the latest close with 96/100 evidence strength.
Point & Figure
Price structure · 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
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Market Dynamics
Volume Action
Price Action
Market Dynamics
Rate of Change
0-1.5TopBottomRawCloseMarket Strength30W ROCVolume SupportPrice Action RibbonBuyFlip UpFlip Down
Price Cycle
Market Price Cycle
PC Activity Line
PC Trend Line
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Weekly Close
Trend Line
Fair Value
Activity Lines
SMI
Chart Summary
Key Points
Week Ending
7 Aug 2026
Latest Close
21.55
12-Week Change
1.17%
Trend Signal
Inactive
Next-Week Expectancy
Negative 40.43%
Signal Weeks
0 of 12
Vs Trend Line
Below
Vs Fair Value
Below
Relative Strength
-29.54
Market Dynamics
-0.87
Over the latest 12 completed weeks ending 2026-08-07, 2020 rose 1.17%, moving from 21.30 to 21.55. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -29.54 and has improved across the 12-week window. Market Dynamics is -0.87 on the latest week. Next-week expectancy is negative at 40.43% based on similar historical setup states.
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