Introduction

Hello everyone, and welcome to "AI Stock Chat." I'm Pei-Yu. Today is Thursday, July 23, 2026, and we are here to predict the market trends for the next trading day—Friday, July 24, 2026—focusing on the Taiwan Stock Exchange (TWSE) main index and key individual stocks. The Taiwan stock market just experienced a historic surge. Is everyone feeling pumped? However, with tomorrow's Friday settlement and weekly close ahead, we need to stay calm and see what the AI has to say. Be careful not to fall into the overbought trap of buying too quickly!

Market Forecast for Today

This forecast is for the target trading day: 2026-07-24 (Friday)

For the market on Friday, July 24, 2026, the AI projects a bullish direction for the broader market. Although the TAIEX just recorded its largest single-day gain in history, and a major rebound in US semiconductor chip stocks has boosted market sentiment, the Taiwan Index Futures night session premium reached as high as 5.68%, indicating that short-term market sentiment is somewhat overheated. The most critical factor to watch on Friday is whether the spot market opens too high due to panic buying, which could trigger a "high open, low close" profit-taking sell-off. We advise everyone to stay calm and avoid blindly chasing highs.

Global Market Status

Below is the latest status of global markets. This data represents current conditions only and does not constitute a forecast.

Key Stock AI Forecasts

This forecast is for the target trading day: 2026-07-24 (Friday)

• Cathay Taiwan-Korea Tech (00735): Short-term bullish. Although it has taken a severe beating recently, it is currently oversold, and a deep-drop rebound could occur at any time.
• Fubon Vietnam (00885): Short-term consolidation at low levels. While a rebound is possible after the deep drop, selling pressure has not yet been fully digested. Let's first see if it can find its footing.
• TSMC (2330): The outlook for the next 5 trading days leans toward "consolidation." The current valuation is on the expensive side, so we recommend a wait-and-see approach for now.
• Yuanta Taiwan 50 (0050): Short-term outlook is consolidation. Although the stock price has broken below short-term moving averages, it has entered oversold territory. It is expected to fluctuate and build a bottom within this range.
• MediaTek (2454): The outlook for the next 5 trading days leans "bullish." However, the current valuation is relatively expensive, so watch out for risks when chasing highs.
• Foxconn (2317): The verdict is "consolidation." In the short term, expect a roller-coaster ride of ups and downs. Novice investors should watch out for short-selling pressure from foreign institutional investors.
• Chunghwa Telecom (2412): Technical indicators are mixed. The stock is consolidating in place in the short term. With some indicators looking overheated, avoid rushing to chase highs here.

Strategic Stock Selection Radar

Reminder: The following are results from strategic screening, not stock buy/sell predictions.

• Hung Poo (2536): Trading volume surged by 2.48x, and a bullish engulfing pattern has emerged. The CCI indicator is strengthening, but the Williams %R indicates overbought conditions.
• Lees Green Energy (1529): A hammer pattern has formed, and MACD is showing bullish divergence. Short-term momentum shows signs of strengthening.
• Farglory (5522): Trading volume surged by 3.98x, and CCI is strengthening. However, both RSI and Williams %R indicate overbought conditions, and the bias ratio (deviation rate) is too high. Be cautious of chasing highs.
• Globe Union (9934): Short-, medium-, and long-term moving averages are in a bullish alignment. The stock price has risen above the monthly moving average, showing a medium-term bullish bias. However, there are currently no clear buy/sell signals; we recommend waiting.
• Hon Chuan (9939): The 5-day moving average crossed above the 20-day moving average to form a golden cross, indicating strengthening momentum. However, the Williams %R shows overbought conditions, so watch out for a potential pullback.

Recent Forecast Accuracy Review

We believe in transparency and never inflate our numbers. Here is how our AI has performed recently: The next-day market direction accuracy is 9.5% (historical hits: 2/21, average error: 1.89%); the short-term market direction accuracy is 5.6% (historical hits: 1/18, average error: 3.16%). For individual stocks, the short-term direction accuracy is 13.9% (historical hits: 5/36, average error: 5.18%), while the 20-day direction accuracy is 25.0% (historical hits: 4/16, average error: 10.19%).

Below is a review of forecasts for settled stocks:

• 00885 (2026-07-13): Forecast: Neutral, Result: MISS, Actual Return: -2.77%
• 2330 (2026-07-13): Forecast: Neutral, Result: MISS, Actual Return: -4.92%
• 0050 (2026-07-13): Forecast: Bullish, Result: MISS, Actual Return: -6.42%
• 00735 (2026-07-13): Forecast: Bearish, Result: PARTIAL, Actual Return: -9.08%

Disclaimer

This content is automatically generated by an AI model based on quantitative data and is for research reference only. It does not constitute investment advice. Investing involves risk; please make your own judgments and assume all responsibility.