Formosa Pharmaceuticals (6838.TWO) Technical Analysis
As of 2026-07-22, 6838.TWO last traded at 23.85 TWD (+1.71% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 23.45 TWD support below, 24.65 TWD resistance above. 14-day RSI is 49.5 (neutral).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 6838.TWO in an uptrend or downtrend?
Formosa Pharmaceuticals is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 23.85 TWD (+1.71%) |
|---|---|
| 20-day average | 23.968 TWD |
| 50-day average | 24.802 TWD |
| 200-day average | 27.281 TWD |
Key support and resistance levels for 6838.TWO
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 24.65 TWD | Resistance | Minor | 1 |
| 25.55 TWD | Resistance | Moderate | 2 |
| 25.8 TWD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 23.45 TWD | Support | Minor | 1 |
6838.TWO 52-week range, momentum and volatility
| 52-week high | 34.55 TWD (31% below) |
|---|---|
| 52-week low | 22.8 TWD (4.6% above) |
| 14-day RSI | 49.5 (Neutral) |
| 14-day ATR | 0.85 TWD (3.56% of price, High volatility) |
Related research pages
Frequently asked questions
Is Formosa Pharmaceuticals (6838.TWO) in an uptrend or downtrend?
As of 2026-07-22, 6838.TWO is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 23.85 TWD vs 50-day average 24.802 TWD and 200-day average 27.281 TWD.
What are the key support and resistance levels for 6838.TWO?
Nearest support is around 23.45 TWD (minor, 1 touch). Nearest resistance is around 24.65 TWD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 6838.TWO's 52-week high and low?
Over the last 52 weeks, 6838.TWO traded between 22.8 TWD and 34.55 TWD. It is currently 31.0% below its 52-week high.
Is 6838.TWO overbought or oversold?
The 14-day RSI is 49.5 — in a neutral 30–70 range. Momentum reads as neutral.
How volatile is 6838.TWO?
Its 14-day Average True Range is 0.85 (3.56% of price) — high volatility relative to price.