TAIWAN SEMICONDUCTOR-SP ADR (TSM)

US8740391003 - ADR

127.998  -4.27 (-3.23%)

Technical Rating and Analysis

9

Overall TSM gets a technical rating of 9 out of 10. In the last year, TSM was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month TSM has a been trading in the 130.30 - 148.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 91% of all stocks. We also observe that the gains produced by TSM over the past year are nicely spread over this period.
TSM is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. TSM outperforms 83% of them.
TSM has an average volume of 16515700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSM 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 TSM is lagging the market slightly.
Weekly and Daily overview Charts
TSM Weekly chart
TSM Daily chart
Setup Rating and Analysis

4

TSM has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

82.60

150.70

3 important support areas can be observed.

  • Support @119.70 from a trend line in the daily time frame.
  • Support @89.13 from a trend line in the weekly time frame.
  • Support @83.43 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 131.37 to 132.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 149.20 to 149.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.96
Mansfield1.6
10 Day High148.43
10 Day Low130.3
20 Day High148.43
20 Day Low130.3
52 Week High158.4
52 Week Low81.21
Performance
1 Week-10.14%
2 Weeks-5.29%
1 Month-3.28%
3 Month15.82%
6 Month44.86%
12 Month54.94%
2 Year42.33%
3 Year13.3%
5 Year201.85%
10 Year558.06%
15 Year1151.37%
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)-1.27
RSI(14)39.22
LBB134.39
UBB148.49
TSM Daily chart

TAIWAN SEMICONDUCTOR-SP ADR

NYSE:TSM (4/19/2024, 2:03:09 PM)

127.998

-4.27 (-3.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.23%
1 Week-10.14%
2 Weeks-5.29%
1 Month-3.28%
3 Month15.82%
6 Month44.86%
12 Month54.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.91
ATR(20)%3.29%
ATR Inc
Range Today4.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High148.43
10 Day Low130.3
20 Day High148.43
20 Day Low130.3
52 Week High158.4
52 Week Low81.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.55M
Volume Incr40.68%
Vol(5)19.57M
Vol(50)16.52M