Taiwan Activates Market Stabilization Fund After Stock Selloff

Taiwan has authorized the activation of the National Financial Stabilization Fund to support the market following a sharp selloff in leading technology sector stocks. Officials stated that the fund could be used to balance fluctuations in the stock market. The decision was made after sharp declines in technology-heavy stocks. Market experts say the fund's intervention could support investor confidence and ease selling pressure. The National Financial Stabilization Fund has been used similarly in the past during periods of extraordinary market movements. The fund's intervention generally aims to increase market liquidity and prevent panic selling. The Taiwan stock exchange has been volatile in recent days due to concerns about global technology demand. Officials said they are closely monitoring market conditions and could take additional steps if deemed necessary. Not investment advice.

📊 TSM — Piyasa Yorumu

▲ up · 55%

TSM has shown a sharp decline of over 13% in the last 24 hours, with RSI14 at 13.6 entering oversold territory. MACD is negative and the price is significantly below SMA20/SMA50; the technical outlook is weak. However, Taiwan's activation of its Market Stabilization Fund is supportive news that could limit selling pressure in the short term. Oversold conditions and possible state-backed buying could trigger rebound purchases within 1-3 days. Nevertheless, since the trend is downward, I maintain confidence at a moderate level.

RSI 14

13.6

MACD

-14.40

24h Δ

-13.08%

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