Weekly Chart PackCompleted weekly market data · Independent research
TAI · Equity · Taiwan
5538
Tong Ming Enterprise Co., Ltd.
Basic MaterialsSteel
Tong Ming Enterprise Co., Ltd., together with its subsidiaries, manufactures and sells stainless steel fasteners and wires under the TONG brand name in China and internationally. It offers fasteners, such as screws, nuts, industrial rice, and threaded rods; and stainless-steel wires, which are used as customized raw materials for manufacturing small screws, kitchen supplies, mesh belts, re-stretching wires, and springs. The company was founded in 1995 and is headquartered in Grand Cayman, …
Last updated
7 Aug 2026
Exchange
Taiwan Stock Exchange · TAI
Sector
Basic Materials
Industry
Steel
Currency
TWD
Market capitalisation
6,840,902,144
Fair value reference
29.72
Next-week expectancy
Negative · 44.09%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-07, 5538 rose 8.94%, moving from 32.50 to 35.40. 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 -13.27 and has improved across the 12-week window. Market Dynamics is 1.01 on the latest week. Next-week expectancy is negative at 44.09% based on similar historical setup states.
Week Ending
7 Aug 2026
Latest Close
35.40
12-Week Change
8.94%
Trend Signal
Active
Next-Week Expectancy
Negative 44.09%
Signal Weeks
12 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 stateAbove the trend range
52-week position
79.7%
Low to high
Accepted price
28.29
Latest versus accepted: 25.11%
Fitted direction
Rising
0.34% per week
Range pressure
75/100
Upper pressure
Range condition
Expanding
1.94× normal range
Range pressureCurrent range pressure · 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support28.29
From price
-20.1%
Evidence
100/100
Touches
7
Support31.29
From price
-11.6%
Evidence
95/100
Touches
4
Support34.52
From price
-2.5%
Evidence
32/100
Touches
1
Current pivot35.51
From price
0.3%
Evidence
34/100
Touches
1
Current reading
What the range shows
Current positionAbove the trend range
Price is at 79.7% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.34% per week.
Range pressureUpper pressure
The current pressure reading is 75/100; 50 is balanced.
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
35.40
12-Week Change
8.94%
Trend Signal
Active
Next-Week Expectancy
Negative 44.09%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-13.27
Market Dynamics
1.01
Over the latest 12 completed weeks ending 2026-08-07, 5538 rose 8.94%, moving from 32.50 to 35.40. 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 -13.27 and has improved across the 12-week window. Market Dynamics is 1.01 on the latest week. Next-week expectancy is negative at 44.09% based on similar historical setup states.
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