Evertop Wire Cable (1616.TW) Technical Analysis

As of 2026-07-22, 1616.TW last traded at 20.05 TWD (-0.74% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: no clear near support below, 22.5 TWD resistance above. 14-day RSI is 28.3 (oversold).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is 1616.TW in an uptrend or downtrend?

Evertop Wire Cable is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close20.05 TWD (-0.74%)
20-day average21.735 TWD
50-day average21.959 TWD
200-day average27.008 TWD

Key support and resistance levels for 1616.TW

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
22.5 TWDResistanceMinor1
22.85 TWDResistanceMinor1
24.05 TWDResistanceStrong3

No clearly-defined swing levels in the current range.

1616.TW 52-week range, momentum and volatility

52-week high42.7 TWD (53% below)
52-week low19.65 TWD (2% above)
14-day RSI28.3 (Oversold)
14-day ATR0.704 TWD (3.51% of price, High volatility)

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Frequently asked questions

Is Evertop Wire Cable (1616.TW) in an uptrend or downtrend?

As of 2026-07-22, 1616.TW is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 20.05 TWD vs 50-day average 21.959 TWD and 200-day average 27.008 TWD.

What are the key support and resistance levels for 1616.TW?

No clear support below price in range. Nearest resistance is around 22.5 TWD (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is 1616.TW's 52-week high and low?

Over the last 52 weeks, 1616.TW traded between 19.65 TWD and 42.7 TWD. It is currently 53.0% below its 52-week high.

Is 1616.TW overbought or oversold?

The 14-day RSI is 28.3 — in oversold territory (<30). Momentum reads as oversold.

How volatile is 1616.TW?

Its 14-day Average True Range is 0.704 (3.51% of price) — high volatility relative to price.