TAIWAN SEMICONDUCTOR-SP ADR (TSM) Technical Analysis
NYSE:TSM • US8740391003
Current stock price
TSM Technical Rating and Analysis
Overall TSM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TSM 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, TSM did better than 94% of all other stocks. We also observe that the gains produced by TSM over the past year are nicely spread over this period.
- A new 52 week high is currently being made by TSM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month TSM has a been trading in the 313.80 - 409.49 range, which is quite wide. It is currently trading near the high of this range.
- TSM has an average volume of 13338400 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 49% of 115 stocks in the same industry.
- 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
5 important support areas can be observed.
- A support zone ranging from 352.73 to 363.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @340.85 from a trend line in the weekly time frame.
- A support zone ranging from 326.12 to 327.51. 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 | UP | POSITIVE | The short term trend for TSM is up. |
| ChartMill Relative Strength | 94.33 | POSITIVE | TSM has a high relative strength, it outperformed 94.33% 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) | 68.32 | NEUTRAL | The RSI value for TSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.61 | POSITIVE | The MACD value suggests TSM has a positive trend. |
| Stochastics (14,3) | 92.74 | OVERBOUGHT | The high Stochastics value suggests TSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for TSM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.24 | 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
402.46
+19.8 (+5.17%)
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 68.3165. 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 363.34. Check the full technical report for our detailed analysis of TSM support and resistance levels.