CTBC Financial Holding Co., Ltd. technical analysis
Technical analysis of CTBC Financial Holding Co., Ltd. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is CTBC Financial Holding Co., Ltd.
CTBC Financial Holding Co., Ltd. (2891.TW) is a financial holding company headquartered in Taipei, Taiwan, founded in 2002 and operating across Taiwan, Asia, and North America. Through its subsidiaries, the company is active in commercial banking, life insurance, wealth management, and capital markets. It also provides personal and corporate finance, fund management, leasing, and a range of other diversified financial services.
Description generated automatically from public sources; it may be inaccurate or out of date.
CTBC Financial Holding Co., Ltd.: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
69.98
+5.89%
50 sessions
68.02
+8.93%
200 sessions
58.78
+26.07%
Session levels
s2
70.60
Support
s1
71.10
Support
pivot
72.00
Pivot
r1
72.50
Resistance
r2
73.40
Resistance
How to read it
In the October 20, 2026 session CTBC Financial Holding Co., Ltd. closed higher at 74.10 , +3.49% versus the previous session.
The price sits above every moving average observed: +5.89% against the 21-session average, +8.93% against the 50 and +26.07% against the 200.
The 14-period RSI reads 65.5, in neutral territory.
MACD stands at 1.461 against a signal line at 1.067: the histogram is positive (+0.394).
ADX reads 25.7, indicating a marked directionality.
Levels computed on the latest session place supports at 71.10 and 70.60 and resistances at 72.50 and 73.40 , around a pivot of 72.00.
The average daily range (ATR) is 2.028 , or 2.74% of price.
Turnover was 31.9M shares, 107% of the 20-session average.
Over the last twelve months the price ranged between 50.43 and 75.30 , and today stands −1.59% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about CTBC Financial Holding Co., Ltd.
How is a stock like 2891.TW analyzed technically?
The technical analysis of a financial stock like 2891.TW involves studying historical price charts and trading volumes to identify trends, support levels, and resistance levels. Common tools include moving averages, oscillators, and momentum indicators.
Which timeframes are most commonly used in the technical analysis of a stock like this?
Traders and technical analysts typically observe multiple timeframes simultaneously: the daily chart for medium-term trends, the weekly chart for long-term direction, and intraday charts (e.g., 15 or 60 minutes) for shorter-term activity. Multi-timeframe analysis helps contextualize technical signals.
What are Elliott Waves and how are they applied to a stock like 2891.TW?
Elliott Wave Theory is a technical analysis method suggesting that market prices move in repetitive wave sequences, consisting of five impulse waves in the direction of the trend and three corrective waves. When applied to 2891.TW, this framework is used to attempt to identify the current phase of the price cycle, without implying any certain forecast.
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