TAIWAN SEMICONDUCTOR-SP ADR (TSM) Technical Analysis
NYSE:TSM • US8740391003
Current stock price
TSM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to TSM. Both in the recent history as in the last year, TSM 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, TSM did better than 93% of all other stocks. We also observe that the gains produced by TSM over the past year are nicely spread over this period.
- TSM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TSM has a been trading in the 313.80 - 414.50 range, which is quite wide. It is currently trading near the high of this range.
- TSM has an average volume of 13330900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TSM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, TSM did better than 50% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TSM Weekly and Daily overview Charts
TSM Setup Rating and Analysis
Although TSM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TSM Support and Resistance Analysis
148.36
When analyzing the support we can see 4 important areas.
- A support zone ranging from 357.74 to 370.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @344.38 from a trend line in the weekly time frame.
- A support zone ranging from 326.12 to 328.13. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for TSM is up. |
| ChartMill Relative Strength | 93.89 | POSITIVE | TSM has a high relative strength, it outperformed 93.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSM is above 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) | 69.05 | NEUTRAL | The RSI value for TSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.18 | POSITIVE | The MACD value suggests TSM has a positive trend. |
| Stochastics (14,3) | 87.26 | OVERBOUGHT | The high Stochastics value suggests TSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for TSM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for TSM suggests a possible start of a new trend. |
TSM Chart- and CandleStick Pattern Analysis
TSM Technicals: Chart, Performance Metrics, Trend & Indicators
404.98
+2.52 (+0.63%)
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 10 / 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 69.0454. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TAIWAN SEMICONDUCTOR-SP ADR?
The buy/sell signal for TAIWAN SEMICONDUCTOR-SP ADR (TSM) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TSM stock?
TAIWAN SEMICONDUCTOR-SP ADR (TSM) has a support level at 370.49. Check the full technical report for our detailed analysis of TSM support and resistance levels.