TAIEX Taiwan: Down 0.01% to 45,625 — Price Below SMA-20
· Indices · MarketsFN Team
TAIEX Taiwan: Down 0.01% to 45,625 — Price Below SMA-20
Published: July 16, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| TAIEX Taiwan | 45,625 | -0.01% | 46.0 | 46,011 | 47,742 | 31,246 |
The TAIEX Taiwan is actively quoting at 45,625 (-0.01%), reflecting a slight pullback from the previous close of 45,632. This minor decline suggests a lack of momentum as the index continues to navigate through a mixed market environment, with investors weighing global economic signals against local developments.
From a technical perspective, the index is currently positioned below the 20-day simple moving average (SMA-20) of 46,011, indicating short-term weakness, while it remains above the 50-day SMA of 44,309, suggesting some underlying support. The relative strength index (RSI) stands at 46.0, placing the market in neutral territory, which may indicate indecision among traders. The TAIEX is also trading within a significant 52-week range, with a high of 47,742 and a low of 31,246, highlighting the potential for volatility.
Looking ahead, the immediate support level is at 44,309, while resistance is seen at the SMA-20 of 46,011. A decisive move above this resistance could signal a shift in sentiment, while a drop below support may indicate further weakness.
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