Elite Material (2383.TW) Technical Analysis
As of 2026-07-22, 2383.TW last traded at 5,125 TWD (+6.11% on the day) and is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Nearest levels: 4,530 TWD support below, 5,215 TWD resistance above. 14-day RSI is 43.9 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 2383.TW in an uptrend or downtrend?
Elite Material is in a uptrend — price above rising 50-DMA, 50-DMA above 200-DMA.
| Last close | 5,125 TWD (+6.11%) |
|---|---|
| 20-day average | 5,244 TWD |
| 50-day average | 5,106.8 TWD |
| 200-day average | 2,860.57 TWD |
Key support and resistance levels for 2383.TW
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 5,215 TWD | Resistance | Minor | 1 |
| 5,635 TWD | Resistance | Minor | 1 |
| 6,045 TWD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 4,530 TWD | Support | Minor | 1 |
| 4,480 TWD | Support | Minor | 1 |
| 4,300 TWD | Support | Minor | 1 |
2383.TW 52-week range, momentum and volatility
| 52-week high | 6,250 TWD (18% below) |
|---|---|
| 52-week low | 979 TWD (423.5% above) |
| 14-day RSI | 43.9 (Bearish) |
| 14-day ATR | 396.79 TWD (7.74% of price, High volatility) |
Related research pages
Frequently asked questions
Is Elite Material (2383.TW) in an uptrend or downtrend?
As of 2026-07-22, 2383.TW is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Last close 5125 TWD vs 50-day average 5106.8 TWD and 200-day average 2860.57 TWD.
What are the key support and resistance levels for 2383.TW?
Nearest support is around 4530 TWD (minor, 1 touch). Nearest resistance is around 5215 TWD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 2383.TW's 52-week high and low?
Over the last 52 weeks, 2383.TW traded between 979 TWD and 6250 TWD. It is currently 18.0% below its 52-week high.
Is 2383.TW overbought or oversold?
The 14-day RSI is 43.9 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is 2383.TW?
Its 14-day Average True Range is 396.79 (7.74% of price) — high volatility relative to price.