Opening Remarks

Hello everyone! I'm Mu-Yen, welcome to "AI Stock Chat." On Thursday, the Taiwan stock market put on a truly stellar performance, with the TAIEX surging over 2%. I'm sure many of our listeners are in a great mood! However, heading into the upcoming trading day on Friday, October 30, 2026, will the AI model's projections for the broader market and individual stocks continue to charge ahead, or will we face high-level volatility? Today, let me break down the latest forecast data and global market trends for you!

Today's Market Forecast

Current Price 47035.58Next-DayBullish · 47202.01~47867.75 · Confidence 54%Short-TermBullish · 47407.74~48896.37 · Confidence 54%
TAIEX AI Forecast Range (Next-Day / Short-Term)

Our service only forecasts the Taiwan Capitalization Weighted Stock Index (TAIEX). Below are the AI model's projected trends for Friday, October 30, 2026, and the short-term outlook (one week):

HorizonCurrent PriceForecast DirectionTarget RangeConfidence
Next-Day (10-30)47035.58Bullish47202.01~47867.7554.0%
Short-Term (1 Week)47035.58Bullish47407.74~48896.3754.0%

Looking at the overall market sentiment, the market is currently clearly leaning bullish. In the previous trading session, the TAIEX surged by 2.04% with excellent market breadth: 723 gainers against only 282 decliners, giving the bulls an absolute advantage. The AI model has issued "Bullish" forecasts for both the next-day and short-term trends for Friday, October 30, 2026, with the upper bound of the next-day target range even poised to challenge the 47,867 mark. However, I would like to remind everyone that whether for the next-day or short-term outlook, the forecast confidence level is around 54%, which is a moderate-to-weak level of confidence. While maintaining a bullish bias in your operations, please remain mindful of the risks of high-level volatility!

Global Market Overview

Next, let's look at the latest performance of global markets. Please note that the US stock market and TAIEX futures night session data only reflect the "current status" and do not include future forecasts.

IndexClose% Change
TAIEX Futures Night Session (TXF)47121-0.27%
Dow Jones Industrial Average (DJI)52475.10.19%
S&P 500 (GSPC)7743.980.28%
Nasdaq Composite (IXIC)26549.850.27%
Philadelphia Semiconductor Index (SOX)116841.75%

Although the four major US indices closed in the green, with the Philadelphia Semiconductor Index performing particularly strong with a 1.75% gain, the TAIEX futures night session pulled back slightly by 0.27%. This indicates that while the international market sentiment is positive, the Taiwan stock market may still face some short-term profit-taking pressure when it opens on Friday.

Strategic Stock Selection Radar

The following content consists of individual stock observations screened through quantitative strategies. It is not a buy/sell forecast for individual stocks, nor does it provide specific forecast directions, target prices, or confidence levels.

StockComposite ScoreChip ScoreP/E RatioValuation
Hotai Motor (2207)7510013.16cheap
Evergreen Marine (2603)74100--
Yuanta Financial (2885)74100--
Formosa Chemicals (1326)73100--
Quanta Computer (2382)7310014.38cheap

Here is a detailed breakdown of the screening reasons for these stocks:

  • Hotai Motor (2207): Today's composite score is 0.6, placing it in the wait-and-see zone. Bullish factors include a significant 2.08x surge in trading volume, indicating a major boost in popularity, and the CCI momentum indicator showing signs of strengthening. However, the bearish factor is that Williams %R has reached -4.65, indicating that the stock has entered the short-term overbought zone, so investors should be cautious of the risks of chasing highs.
  • Evergreen Marine (2603): Composite score is 0.0, with no clear buy or sell signals today. From a technical perspective, the short-, medium-, and long-term moving averages are all in a bullish alignment, with the stock price firmly above the monthly moving average. With the RSI at 63 and the short-term KD indicator trending upward, the medium-term trend remains strong.
  • Yuanta Financial (2885): Composite score is -0.2, placing it in a wait-and-see state. Although the CCI momentum indicator has strengthened, Williams %R has reached -14.93, which similarly presents a risk of chasing highs due to short-term overextended gains and overbought conditions.
  • Formosa Chemicals (1326): Composite score is 0.0, with no clear buy or sell signals for now. Currently, the short-, medium-, and long-term moving averages show a bullish alignment, and the stock price is above the monthly moving average, indicating a bullish medium-term outlook. However, the short-term KD indicator is pointing downward, showing slight bearish signs.
  • Quanta Computer (2382): Composite score is 0.0, with no clear direction for now. Technically, the moving averages are currently tangled, and the stock price has fallen below the monthly moving average, indicating a weaker medium-term outlook. However, the short-term KD is pointing upward, the RSI is at 49, and the valuation falls within the "cheap" range, making it worth continued observation.

Recent Forecast Accuracy Review

Market · Next-Day47%(8/17)Market · Short-Term62%(8/13)
Recent Directional Accuracy (Higher is better; includes settled sample size)

Honesty and transparency are my top priorities, and we will never shy away from discussing our accuracy rates, whether good or bad. Looking back at the AI model's recent forecasting performance for the broader market: For "Next-Day Forecasts," the directional accuracy rate was 47.1% (correct direction in 8 out of 17 times), with the entire range hit 5 out of 17 times, and an average error of approximately 1.08%. In contrast, for "Short-Term Forecasts," the directional accuracy improved to 61.5% (correct direction in 8 out of 13 times), with the entire range hit 3 out of 13 times, and an average error of 2.31%. These figures honestly show that the AI model has a better grasp of short-term trends, whereas next-day ultra-short-term forecasts are subject to higher volatility. Please make sure to manage your risks carefully when using these references.

Disclaimer

This content is automatically generated by an AI model based on quantitative data and is for research and reference purposes only. It does not constitute any investment advice or recommendation. This website and the program producers are not licensed securities investment consulting enterprises, do not provide analytical opinions to specific individuals, and do not receive any compensation for this content. Investing involves risks; please make your own judgments and assume your own responsibilities.

Author

Mark Ku

10 年以上的軟體工程師,做過北美電商與 AI SaaS 訂閱收費系統。Read More

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Mark Ku · This article is licensed under CC BY 4.0. Credit the author and link back to the original when reusing it.

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