TOWER SEMICONDUCTOR LTD (TSEM) Technical Analysis
NASDAQ:TSEM • IL0010823792
Current stock price
TSEM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to TSEM. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TSEM did better than 99% of all other stocks. We also observe that the gains produced by TSEM over the past year are nicely spread over this period.
- TSEM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. TSEM outperforms 97% of them.
- TSEM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TSEM is leading the market.
- In the last month TSEM has a been trading in the 108.43 - 195.36 range, which is quite wide. It is currently trading near the high of this range.
- TSEM has an average volume of 2688190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
TSEM Weekly and Daily overview Charts
TSEM Setup Rating and Analysis
Although TSEM has an excellent technical rating, it does not present a decent entry opportunity 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
TSEM Support and Resistance Analysis
111.46
We found 2 important support areas.
- A support zone ranging from 115.65 to 116.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.59 from a horizontal line in the daily time frame.
TSEM Technical Indicator Signal Analysis
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 | 99.05 | POSITIVE | TSEM has a high relative strength, it outperformed 99.05% 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) | 67.16 | NEUTRAL | The RSI value for TSEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6 | POSITIVE | The MACD value suggests TSEM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.56 | OVERBOUGHT | The high Stochastics value suggests TSEM may be overbought. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for TSEM suggests high volalility. |
| Average Directional Index/ADX (14) | 29.95 | POSITIVE | The high ADX value value for TSEM suggests a strong trend. |
TSEM Chart- and CandleStick Pattern Analysis
TSEM Technicals: Chart, Performance Metrics, Trend & Indicators
174.68
-14.06 (-7.45%)
TOWER SEMICONDUCTOR LTD / TSEM TA FAQ
What is the ChartMill technical rating of TOWER SEMICONDUCTOR LTD (TSEM) stock?
ChartMill assigns a technical rating of 10 / 10 to TSEM.
Can you provide the trend direction for TOWER SEMICONDUCTOR LTD?
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 67.1625. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOWER SEMICONDUCTOR LTD?
The MACD indicator for TOWER SEMICONDUCTOR LTD (TSEM) has a value of 5.9987, indicating a bullish trend.
Can you provide the buy/sell signal for TOWER SEMICONDUCTOR LTD?
The buy/sell signal for TOWER SEMICONDUCTOR LTD (TSEM) is buy as both the short term and long term trends are positive.