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TSEC Weighted Index

TAIEX, 10days/-11.30%falling cycle -11.30% more than 10 days. ================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
IShort
by Tonyder
6
TAIEX, 10d+/-9.97%falling cycle -9.97% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
IShort
by Tonyder
TAIEX, 10d+/23.37%rising cycle 23.37% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
ILong
by Tonyder
TAIEX - Bear Flag in a downtrendComment : 1) TrendX+ - candlestick has broke down the red mid-term trendline indicating a mid-term downtrend on-the-go 2) DDX+ - mid-term downtrend, take precautions if broke down zero-axis 3) MCDX+ - banker bar turned weak while retailer bar reappear 4) TAIEX has a bear flag pattern after a tremendous fall since the peak in May 2022. And today, it has broke down the below the bear flag, reacting after Fed chief comments spark selloff 5) In monthly chart, TAIEX has broke below the neckline in June 2022, next target would go around 12517 DISCLAIMER : Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
IShort
by TheWinningDay
TWN, 6d+/-8.71%falling cycle 8.71% in 6 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
TShort
by Tonyder
TAIEX: Structured long term buy opportunity on Taiwan stocks.The Taiwan stock market is trading on a very standard long term 1M Channel Up which is currently neutral close to its median (RSI = 50.364). We see a very reliable buy signal pattern. Each Golden Cross (MA50 over MA200) has a distance of roughly 950 days from the Death Cross (opposite). The Death Cross comes to signal the end (or approaching) of the cycle's bottom. Based on that sequence we have calculated that to be around the end of July/ August 2019. We will be going long on TAIEX then with TP = 11,100 (1W Resistance). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
INDEX:TAIEXLong
by InvestingScope
TAIEX Correlated with US Stocks; Both Almost at Record HighsThis chart is pretty simple. It basically reminds investors that the Taiwanese stock market is highly positively correlated with US equities using the S&P 500 index as the primary proxy of US stocks. We can see that positive correlation with the correlation coefficient below. The Nikkei 225 is as well. However, TAIEX RSI is nearly flashing overbought and all three indexes are nearing their record highs. What could be the primary motivation for the continuation of breaking record highs ten years into the bull market? This is not a question asked often enough. The notion that we have reached the peak of this cycle should be more closely investigated.
I
by WhiskeyTangoFoxtrot3
TAIEX and China Stocks Both Benefit From US-China Trade DealTAIEX enjoys a positive correlation coefficient with the Shanghai Composite which has strengthened consistently over the past few months. Then if we believe that a trade deal with the US is coming then the TAIEX will surely enjoy some gains as well even especially since TAIEX greatly outperforms Shanghai Composite and Shenzhen Component. However, TAIEX RSI is well into the overbought territory and let's also not forget TAIEX suffered its worst single day loss (6 percent) since the 2008 financial crisis back in January of 2018. More volatility to come?
I
by WhiskeyTangoFoxtrot3
TWSE Off From Technical Overbought HighsWhile RSI and Bull/Bear sentiment have edged away from clear overbought signals, we are continuing to see exponential moving averages assert their authority in suggesting the uptrend will continue. This is the case for the 'ribbon' of EMAs excluding the five day EMA which price action has dropped below. In the short-term I am a bit bullish on Taiwanese equities especially since they tend to outperform other Asian equities when the majority of Asian stocks are in deep red territory. Moreover, Taiwanese equities outperform their Asian peers in differing times of entry point since the 2008 Financial Crisis. However, entry point is extremely important for this and perhaps for a buy and hold strategy prices are a bit too expensive for those types of investors.
ILong
by WhiskeyTangoFoxtrot3