Weekly Chart PackCompleted weekly market data ยท Independent research
TAI ยท Equity ยท Taiwan
3034
Novatek Microelectronics Corp.
TechnologySemiconductors
Novatek Microelectronics Corp., a fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally. The company offers display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablets, PCs, automotive displays, smartphones, and wearable products. The company also provides SoC solutions, including timing controllers, LCD monitors, TVs, power management, and digital image controllers, as โฆ
Last updated
14 Aug 2026
Exchange
Taiwan Stock Exchange ยท TAI
Sector
Technology
Industry
Semiconductors
Currency
TWD
Market capitalisation
311,558,144,000
Fair value reference
444.95
Next-week expectancy
Positive ยท 55.89%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-14, 3034 rose 12.09%, moving from 456.76 to 512.00. 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 -10.50 and has improved across the 12-week window. Market Dynamics is 0.83 on the latest week. Next-week expectancy is positive at 55.89% based on similar historical setup states.
Week Ending
14 Aug 2026
Latest Close
512.00
12-Week Change
12.09%
Trend Signal
Active
Next-Week Expectancy
Positive 55.89%
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
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 weak close
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 Unstable
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 488.01 ยท Resistance 517.08
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-5.54%
Latest close versus the preceding completed close.
Candle characterWeak close
Price declined and finished in the lower part of the completed weekly range.
Where the week closedNear the weekly low
The close finished at 10% of the completed weekly range.
Path qualityUnstable
Frequent recent changes in direction reduce confidence in the current price path.
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 unstable.
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 history93% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high-6.0%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+454.4%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical2.1ร 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.
Upside structure cleared
The weekly close moved above the preceding completed price structure.
8 weeks ago
High-participation reversal
Price changed weekly direction with elevated participation.
12 weeks ago
Trend reclaimed
The weekly close moved back above the completed trend reference.
18 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
39 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 stateAbove accepted value
52-week position
71.9%
Low to high
Accepted price
364.43
Latest versus accepted: 40.50%
Fitted direction
Rising
0.43% per week
Range pressure
67/100
Upper pressure
Range condition
Expanding
1.56ร normal range
Range pressureCurrent range pressure ยท 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support456.44
From price
-10.9%
Evidence
88/100
Touches
4
Support476.92
From price
-6.9%
Evidence
89/100
Touches
5
Support496.78
From price
-3.0%
Evidence
46/100
Touches
2
Current pivot512.66
From price
0.1%
Evidence
25/100
Touches
1
Resistance580.28
From price
13.3%
Evidence
27/100
Touches
1
Current reading
What the range shows
Current positionAbove accepted value
Price is at 71.9% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.43% per week.
Range pressureUpper pressure
The current pressure reading is 67/100; 50 is balanced.
Next structural level580.28
Resistance is 13.3% from the latest close with 27/100 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 0.84 ยท Weakening
Trend qualityConstructive
The current trend state has persisted for 15 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 warningsWarning
A demand warning appeared this week; watch whether support stabilises or weakens further.
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
A demand warning appeared this week; watch whether support stabilises or weakens further.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Demand warning
Demand support weakened enough to merit attention.
Latest week
Demand warning
Demand support weakened enough to merit attention.
1 week ago
Demand warning
Demand support weakened enough to merit attention.
2 weeks ago
Demand warning
Demand support weakened enough to merit attention.
3 weeks ago
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 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 established and strengthening
Price is holding a constructive market-perception position. Positive pressure is becoming more forceful across the recent completed path.
+15.07% ยท Positive ยท Strengthening
Market positionPositive
Price is holding a constructive market-perception position.
Pressure directionStrengthening
Positive pressure is becoming more forceful across the recent completed path.
Trend qualityUnstable
The recent path has changed direction frequently, reducing confidence in persistence.
Risks and warningsTransition risk
Frequent recent changes around balance make the current direction less dependable.
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
Continued positive pressure with an orderly completed path would strengthen confirmation.
What could weaken it
Frequent recent changes around balance make the current direction less dependable.
What to watch next
The latest path is strengthening with unstable trend quality. Comparable history is constructive 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 positionLower 23% of history
The latest reading is weaker than 77% of completed observations.
State persistence13 completed weeks
The current positive state has persisted without interruption.
Comparable historyConstructive follow-through
Across 134 comparable completed observations, later closes were higher 62% of the time; the typical move was +3.1%. This is context, not a forecast.
Published transition history
What changed, and when
Transitions are completed observations, not standalone instructions to buy or sell.
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
4 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
10 weeks ago
Positive pressure established
The completed reading moved from weakness into positive pressure.
14 weeks ago
Recovery began
Negative pressure remained, but the completed path began to repair.
17 weeks ago
Recovery began
Negative pressure remained, but the completed path began to repair.
19 weeks ago
Recovery began
Negative pressure remained, but the completed path began to repair.
22 weeks ago
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 is constructive, with early moderation
Price remains firm while the SMI path has softened. The latest reading is based on completed weekly evidence.
0.79 ยท Constructive
Current stateConstructive ยท 0.79
Latest completed-week SMI reading
DirectionWeakening
How the completed SMI path is changing
PersistenceNew
1 completed week in the current state
Price relationshipPrice ahead of support
Price remains firm while the SMI path has softened.
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 0.79 ยท Constructive
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have produced mixed historical outcomes
Across 41 comparable completed observations, 51.2% closed higher after 13 weeks. The median move was +1.0%.
Comparable observations
41
Completed historical readings
Positive outcomes
51.2%
After 13 completed weeks
Median move
+1.0%
Over the following 13 weeks
Versus normal baseline
-6.8 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
14 Aug 2026
Latest Close
512.00
12-Week Change
12.09%
Trend Signal
Active
Next-Week Expectancy
Positive 55.89%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-10.50
Market Dynamics
0.83
Over the latest 12 completed weeks ending 2026-08-14, 3034 rose 12.09%, moving from 456.76 to 512.00. 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 -10.50 and has improved across the 12-week window. Market Dynamics is 0.83 on the latest week. Next-week expectancy is positive at 55.89% based on similar historical setup states.
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