TAIWAN SEMICONDUCTOR-SP ADR (TSM) Stock Technical Analysis
NYSE:TSM - New York Stock Exchange, Inc. - US8740391003 - ADR - Currency: USD
Overall TSM gets a technical rating of 10 out of 10. 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.
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 91% 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 part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. TSM outperforms 81% of them.
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 11562800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TSM has a been trading in the 226.31 - 248.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TSM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
148.36
248.07
We found 4 important support areas.
- Support @190.54 from a horizontal line in the daily time frame.
- Support @159.80 from a trend line in the weekly time frame.
- Support @153.29 from a trend line in the weekly time frame.
- Support @149.86 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 235.25 to 240.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 245.60 to 245.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 91.51 | POSITIVE | TSM has a high relative strength, it outperformed 91.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSM is below 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) | 52.67 | NEUTRAL | The RSI value for TSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests TSM has a negative trend. |
| Stochastics (14,3) | 55.38 | NEUTRAL | The Stochastics value for TSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for TSM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.8 | POSITIVE | The high ADX value value for TSM suggests a strong trend. |
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)
235.21
-6.41 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.65%
1 Week-4.23%
2 Weeks-2.16%
1 Month0.17%
3 Month31.2%
6 Month12.37%
12 Month56.95%
2 Year151.37%
3 Year182.2%
5 Year196.8%
10 Year1083.15%
15 Year2402.23%
Volatility
ATR(14)6.18
ATR(20)%2.43%
ATR Inc60.07%
Range Today5.35
ADR(20)4.57
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.51
Mansfield1.46
10 Day High247.41
10 Day Low231.76
20 Day High248.28
20 Day Low226.31
52 Week High248.28
52 Week Low133.57
CS1 End190.54
CR1 Start235.25
Volume & EV
DER(3)-1.55%
DER(5)-0.91%
Volume13.55M
Volume Incr-9.72%
Vol(5)11.03M
Vol(50)11.56M