Equity · completed-week adaptive desk

2603 Technicals

Evergreen Marine Corporation (Taiwan) Ltd.

Price-technical state Aligned upward Price structure only · 260 completed observations · through 2026-08-14
Price structureAligned upwardcompleted-week alignment
Momentum63.2Positive
Risk pressure5.1%Contained
Trend quality25.0Range-led

Technicals / Market Dynamics agreement

Evidence conflict

Price is ahead of Market Dynamics

Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.

Current take

The gap can close through stronger Market Dynamics or weaker price. Until then, the upward structure should be treated as vulnerable rather than fully aligned.

Market Dynamics

Price, Market Dynamics and positioning zones

Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.

Latest 0.23
Price ahead of Market Dynamics
Current tape relationshipUnsupported elevation

Market Dynamics strengthened this week and remains positive.

Price locationDistribution zone

Price is extended; support can persist, but rollover risk must be monitored.

Latest positioning markerNone in view

Entering the lower zone alone does not create a positioning confirmation.

Market Dynamics confirmationNot confirming

Market Dynamics has strengthened over four weeks, but it still lags the elevated price.

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.

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Current practical readStructural gap

Market Dynamics is improving, but still lags price

This is a warning, not a completed reversal. Price can remain elevated while the gap is open.

Where it is now
Stronger this weekMarket Dynamics strengthened this week and remains positive.
Four-week context
Strengthened over four weeksUnderlying support has strengthened across the recent completed path.
Price response
Price remains elevated relative to supportPrice is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.
Historical context
50.0% moved lower after 12 weeks across 2 casesAverage later move: -2.4%
What confirms itContinued separation or a weaker price response would confirm that the structural warning remains relevant.What resolves itThe warning resolves when Market Dynamics catches up with price or price corrects enough to close the gap.
Price relationship Meaningful relationship
Same-week correlation
0.31
Direction agreed
42.9%
Completed comparisons
254
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: 18.0 weeks.

After distribution4 distinct visits
4 weeks100.0% lower3 outcomes 12 weeks50.0% lower2 outcomes 26 weeks100.0% lower1 outcome

Average time before leaving the zone: 1.7 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.

Price higher · Market Dynamics positive 65.0% were higher

Average 12-week move: 6.8% from 20 completed cases.

Price lower · Market Dynamics negative 46.2% were lower

Average 12-week move: 0.0% from 13 completed cases.

Price higher · Market Dynamics cautious Average pullback 12.7%

40.0% were lower after 12 weeks. The deepest pullback arrived after 6.1 weeks on average.

Price cautious · Market Dynamics positive Average recovery 16.5%

55.6% were higher after 12 weeks. The strongest recovery arrived after 6.4 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.

Short-term and structural view
Short-term improvement has not closed the structural gap

When the same completed price/Market Dynamics gap appeared previously in the displayed record, 50.0% of cases were lower after 12 weeks, with an average move of -2.4% across 2 cases.

ApproachTreat the latest strengthening as an improvement in the immediate reading, not as full confirmation of price. The structural warning remains until Market Dynamics catches up with price or price corrects toward the underlying evidence.

Review the case whenThe warning resolves when Market Dynamics catches up with price or price corrects enough to close the gap.

Zone positioning
Use distribution to protect capital before considering the short case

After distribution, 50.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.7 weeks on average before leaving the zone.

ApproachReview long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.

Review the case whenA sustained repair in price and Market Dynamics invalidates the downside setup.

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
Price structureAligned upwardcompleted-week alignment
Momentum63.2Positive
Risk pressure5.1%Contained
Trend quality25.0Range-led
Range position89%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 and its trend references are aligned upward.

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.

Acceptance map

Range position and boundary pressure

Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.

Why this view is active

Selected because price is testing an observed boundary or moving rapidly through its recent range.

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.

Risk geometry

Range pressure and compression

Movement pressure and envelope width show whether risk is expanding, settling or compressed.

Why this view is active

Selected because current variability is unusually compressed or expanded versus this ticker's own tape.

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
Joint upward confirmation The gauges support the upward market view

Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.

SM Consensus Gauge+65.5

Joint upward confirmation

SM Control Gauge+69.6

Buyer control supports the view

SM Force Gauge+72.3

Upward commitment

SM Direction Gauge+56.0

Upward follow-through

SM Confirmation Gauge97/100

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 +65.5
Joint upward confirmation
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 controlBuyer control supports the viewRecent pathControl support is strengtheningLatest 12 months
Buyer controlSeller controlBalanced

Commitment

SM Force Gauge

Shows the strength of market commitment behind the current assessment.

Current forceUpward commitmentRecent pathCommitment is strengtheningLatest 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 directionUpward follow-throughFollow-throughDevelopingLatest 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
Interpretation boundary

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.

Evidence context