TOWER SEMICONDUCTOR LTD (TSEM) Technical Analysis
NASDAQ:TSEM • IL0010823792
Current stock price
TSEM Technical Rating and Analysis
Taking everything into account, TSEM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TSEM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TSEM did better than 98% of all other stocks. On top of that, TSEM also shows a nice and consistent pattern of rising prices.
- TSEM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. TSEM outperforms 94% of them.
- TSEM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TSEM has a been trading in the 153.26 - 228.73 range, which is quite wide. It is currently trading near the high of this range.
- TSEM has an average volume of 2965920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSEM Weekly and Daily overview Charts
TSEM Setup Rating and Analysis
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
TSEM Support and Resistance Analysis
111.46
3 important support areas can be observed.
- Support @125.12 from a trend line in the daily time frame.
- Support @122.39 from a trend line in the weekly time frame.
- Support @112.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @206.57 from a trend 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 | 98.89 | POSITIVE | TSEM has a high relative strength, it outperformed 98.89% 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) | 59.63 | NEUTRAL | The RSI value for TSEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests TSEM has a negative trend. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for TSEM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for TSEM suggests high volalility. |
| Average Directional Index/ADX (14) | 38.57 | 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
206.1
-10.62 (-4.9%)
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.
Can you provide the RSI signal for TOWER SEMICONDUCTOR LTD?
TOWER SEMICONDUCTOR LTD (TSEM) has an RSI value of 59.6282. 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 -0.730041, indicating a bearish trend.
Can you provide the short term momentum for TOWER SEMICONDUCTOR LTD?
The short term momentum for TOWER SEMICONDUCTOR LTD (TSEM) is positive.