TOWER SEMICONDUCTOR LTD (TSEM) Stock Technical Analysis
USA - NASDAQ:TSEM - IL0010823792 - Common Stock
Overall TSEM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TSEM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TSEM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
57.25
We found 3 important support areas.
- A support zone ranging from 77.04 to 77.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 70.97 to 71.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @57.83 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TSEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSEM is up. |
| ChartMill Relative Strength | 95.48 | POSITIVE | TSEM has a high relative strength, it outperformed 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.24 | NEUTRAL | The RSI value for TSEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests TSEM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.29 | OVERBOUGHT | The high Stochastics value suggests TSEM may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for TSEM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.99 | POSITIVE | The high ADX value value for TSEM suggests a strong trend. |
82.45
-1.96 (-2.32%)
TOWER SEMICONDUCTOR LTD / TSEM FAQ
What is the ChartMill technical rating of TOWER SEMICONDUCTOR LTD (TSEM) stock?
ChartMill assigns a technical rating of 10 / 10 to TSEM.
What is the current trend direction of TOWER SEMICONDUCTOR LTD (TSEM) stock?
The current trend direction for TOWER SEMICONDUCTOR LTD (TSEM) is Bullish.
What is the RSI signal for TOWER SEMICONDUCTOR LTD (TSEM) stock?
TOWER SEMICONDUCTOR LTD (TSEM) has an RSI value of 66.2379. This indicates that the stock is currently neutral.
What is the MACD signal for TSEM stock?
The MACD indicator for TOWER SEMICONDUCTOR LTD (TSEM) has a value of 0.488733, indicating a bearish trend.
What are the support and resistance levels for TOWER SEMICONDUCTOR LTD (TSEM) stock?
TOWER SEMICONDUCTOR LTD (TSEM) has a support level at 77.54. Check the full technical report for our detailed analysis of TSEM support and resistance levels.