2834:TWSETaiwan Business Bank Analysis

The moving-average structure behind Taiwan Business Bank, Ltd. is neutral at TWD 16.55, with no clear ordering between short and long averages. Across the trailing 30 sessions it lost 1.3%. RSI sits at 49.3, which reads as neutral, and MACD momentum is bearish. The recent range runs from support at TWD 16.25 up to resistance at TWD 17.20.
On valuation the read is fair — earnings multiple of 13.6 versus a 16.8 sector average, below the peer group. Revenue is growing at 10.2% on a 37.9% profit margin. The 1.81% dividend yield looks covered by current payout levels.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 12.5%, a beta of 0.17 and a maximum drawdown of 9.5%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Timeframes disagree: the short-term read is hold while the long-term read is buy, conviction 5 out of 10.