Hua Eng Wire & Cable (1608.TW) Technical Analysis
As of 2026-07-22, 1608.TW last traded at 30.45 TWD (-4.25% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 29.775 TWD support below, 33.15 TWD resistance above. 14-day RSI is 32.1 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 1608.TW in an uptrend or downtrend?
Hua Eng Wire & Cable is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 30.45 TWD (-4.25%) |
|---|---|
| 20-day average | 33.36 TWD |
| 50-day average | 33.849 TWD |
| 200-day average | 34.473 TWD |
Key support and resistance levels for 1608.TW
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 33.15 TWD | Resistance | Minor | 1 |
| 33.6 TWD | Resistance | Minor | 1 |
| 34.425 TWD | Resistance | Moderate | 2 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 29.775 TWD | Support | Moderate | 2 |
| 28.9 TWD | Support | Minor | 1 |
1608.TW 52-week range, momentum and volatility
| 52-week high | 41.9 TWD (27.3% below) |
|---|---|
| 52-week low | 25.65 TWD (18.7% above) |
| 14-day RSI | 32.1 (Bearish) |
| 14-day ATR | 1.136 TWD (3.73% of price, High volatility) |
Related research pages
Frequently asked questions
Is Hua Eng Wire & Cable (1608.TW) in an uptrend or downtrend?
As of 2026-07-22, 1608.TW is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 30.45 TWD vs 50-day average 33.849 TWD and 200-day average 34.473 TWD.
What are the key support and resistance levels for 1608.TW?
Nearest support is around 29.775 TWD (moderate, 2 touches). Nearest resistance is around 33.15 TWD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 1608.TW's 52-week high and low?
Over the last 52 weeks, 1608.TW traded between 25.65 TWD and 41.9 TWD. It is currently 27.3% below its 52-week high.
Is 1608.TW overbought or oversold?
The 14-day RSI is 32.1 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is 1608.TW?
Its 14-day Average True Range is 1.136 (3.73% of price) — high volatility relative to price.