TAIWAN SEMICONDUCTOR-SP ADR (TSM) Technical Analysis
NYSE:TSM • US8740391003
Current stock price
339.04 USD
-2.45 (-0.72%)
At close:
336.95 USD
-2.09 (-0.62%)
After Hours:
TSM Technical Rating and Analysis
Taking everything into account, TSM scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that TSM is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by TSM over the past year are nicely spread over this period.
- TSM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TSM is performing more or less in line with the market.
- TSM has an average volume of 13363100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TSM is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 63% of 115 stocks in the same industry.
- In the last month TSM has a been trading in the 313.80 - 357.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSM Weekly and Daily overview Charts
TSM Setup Rating and Analysis
Besides having an excellent technical rating, TSM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
TSM Support and Resistance Analysis
148.36
342.43
When analyzing the support we can see 5 important areas.
- A support zone ranging from 334.65 to 338.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 326.12 to 326.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 316.49 to 318.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @280.66 from a horizontal line in the daily time frame.
- Support @149.86 from a horizontal line in the weekly time frame.
TSM 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 TSM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSM is neutral. |
| ChartMill Relative Strength | 92.55 | POSITIVE | TSM has a high relative strength, it outperformed 92.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TSM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TSM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.7 | NEUTRAL | The RSI value for TSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TSM has a positive trend. |
| Stochastics (14,3) | 70.11 | NEUTRAL | The Stochastics value for TSM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TSM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for TSM suggests a strong trend. |
TSM Chart- and CandleStick Pattern Analysis
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)
TSM Example Setup
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 |
|---|---|---|---|
| 350.46 | 334.64 | 15.81 (4.51%) | 22.16% |
| An entry @350.45. This is a Buy Stop order right above the 10 day high. | An exit @334.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 15.81 points, which is 4.51%. | When investing 22.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TSM. 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.
TSM Technicals: Chart, Performance Metrics, Trend & Indicators
339.04
-2.45 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.72%
1 Week3.96%
2 Weeks0.07%
1 Month-4.19%
3 Month6.08%
6 Month16.03%
12 Month130.95%
2 Year146.86%
3 Year302.18%
5 Year190.42%
10 Year1337.22%
15 Year2411.41%
Volatility
ATR(14)12.6
ATR(20)%3.79%
ATR Inc2.86%
Range Today15.27
ADR(20)11.14
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.55
3 months CRS79.68
6 months CRS85.17
Mansfield2.48
10 Day High350.45
10 Day Low313.8
20 Day High357.35
20 Day Low313.8
52 Week High390.21
52 Week Low134.25
CS1 End338.77
CR1 StartN/A
Volume & EV
DER(3)2.9%
DER(5)1.01%
Volume8.99M
Volume Incr3.68%
Vol(5)14.54M
Vol(50)13.36M
TAIWAN SEMICONDUCTOR-SP ADR / TSM TA FAQ
Can you provide the ChartMill technical rating for TAIWAN SEMICONDUCTOR-SP ADR?
ChartMill assigns a technical rating of 8 / 10 to TSM.
Can you provide the trend direction for TAIWAN SEMICONDUCTOR-SP ADR?
The current trend direction for TAIWAN SEMICONDUCTOR-SP ADR (TSM) is Bullish.
What is the RSI signal for TAIWAN SEMICONDUCTOR-SP ADR (TSM) stock?
TAIWAN SEMICONDUCTOR-SP ADR (TSM) has an RSI value of 48.7011. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TAIWAN SEMICONDUCTOR-SP ADR?
TAIWAN SEMICONDUCTOR-SP ADR (TSM) has a support level at 338.77. Check the full technical report for our detailed analysis of TSM support and resistance levels.