Changs Ascending Enterprise (8038.TWO) Technical Analysis
As of 2026-07-22, 8038.TWO last traded at 36.8 TWD (-1.87% 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, 42.5 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 8038.TWO in an uptrend or downtrend?
Changs Ascending Enterprise is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 36.8 TWD (-1.87%) |
|---|---|
| 20-day average | 39.69 TWD |
| 50-day average | 40.539 TWD |
| 200-day average | 44.004 TWD |
Key support and resistance levels for 8038.TWO
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 42.5 TWD | Resistance | Minor | 1 |
| 44.8 TWD | Resistance | Minor | 1 |
| 45.333 TWD | Resistance | Strong | 3 |
No clearly-defined swing levels in the current range.
8038.TWO 52-week range, momentum and volatility
| 52-week high | 63 TWD (41.6% below) |
|---|---|
| 52-week low | 35.75 TWD (2.9% above) |
| 14-day RSI | 43.9 (Bearish) |
| 14-day ATR | 2.596 TWD (7.06% of price, High volatility) |
Related research pages
Frequently asked questions
Is Changs Ascending Enterprise (8038.TWO) in an uptrend or downtrend?
As of 2026-07-22, 8038.TWO is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 36.8 TWD vs 50-day average 40.539 TWD and 200-day average 44.004 TWD.
What are the key support and resistance levels for 8038.TWO?
No clear support below price in range. Nearest resistance is around 42.5 TWD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 8038.TWO's 52-week high and low?
Over the last 52 weeks, 8038.TWO traded between 35.75 TWD and 63 TWD. It is currently 41.6% below its 52-week high.
Is 8038.TWO overbought or oversold?
The 14-day RSI is 43.9 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is 8038.TWO?
Its 14-day Average True Range is 2.596 (7.06% of price) — high volatility relative to price.