TOWER SEMICONDUCTOR LTD (TSEM) Stock Technical Analysis
NASDAQ:TSEM - Nasdaq - IL0010823792 - Common Stock - Currency: USD
Overall TSEM gets a technical rating of 6 out of 10. TSEM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TSEM is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 80% of 110 stocks in the same industry.
TSEM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, TSEM outperforms 52% of them, which is more or less in line with the market.
TSEM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSEM is lagging the market slightly.
TSEM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.97, a Stop Loss order could be placed below this zone.
More info and screens
30.06
42.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.34 to 40.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.36 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.12 to 41.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.15 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.59
Mansfield-0.62
10 Day High42.98
10 Day Low36.42
20 Day High42.98
20 Day Low34.73
52 Week High55.31
52 Week Low28.64
Performance
1 Week-2.75%
2 Weeks13.87%
1 Month14.44%
3 Month-9.22%
6 Month-14.32%
12 Month8.82%
2 Year4.7%
3 Year-15.09%
5 Year103.78%
10 Year165.59%
15 Year99.42%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.41
RSI(14)62.67
LBB34.73
UBB43.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.32 | 40.33 | 0.99 (2.40%) | 25.00% |
| An entry @41.32. This is a Buy Stop order right above the resistance zone. | An exit @40.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.99 points, which is 2.40%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TSEM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.98
-0.21 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.51%
1 Week-2.75%
2 Weeks13.87%
1 Month14.44%
3 Month-9.22%
6 Month-14.32%
12 Month8.82%
2 Year4.7%
3 Year-15.09%
5 Year103.78%
10 Year165.59%
15 Year99.42%
Volatility
ATR(14)1.46
ATR(20)%3.38%
ATR Inc-42.99%
Range Today1.12
ADR(20)1.17
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.59
Mansfield-0.62
10 Day High42.98
10 Day Low36.42
20 Day High42.98
20 Day Low34.73
52 Week High55.31
52 Week Low28.64
CS1 End40.97
CR1 Start41.12
Volume & EV
DER(3)-0.94%
DER(5)-1.59%
Volume447.10K
Volume Incr3.28%
Vol(5)575.78K
Vol(50)597.21K