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 6 out of 10. 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.
Looking at the yearly performance, TSM did better than 89% 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 one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 84% of 108 stocks in the same industry.
TSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TSM is lagging the market slightly.
TSM has an average volume of 15511200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month TSM has a been trading in the 187.66 - 226.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TSM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 191.46, a Stop Loss order could be placed below this zone.
More info and screens
179.37
226.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 189.39 to 191.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @181.18 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @199.02 from a trend line in the daily time frame.
- A resistance zone ranging from 202.91 to 204.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 221.89 to 224.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.72
Mansfield0.6
10 Day High213.18
10 Day Low196.01
20 Day High226.4
20 Day Low187.67
52 Week High226.4
52 Week Low125.78
Performance
1 Week-1.78%
2 Weeks-5.82%
1 Month-11.74%
3 Month4.29%
6 Month15.74%
12 Month53.05%
2 Year127.68%
3 Year85.25%
5 Year268.2%
10 Year708.15%
15 Year1933.23%
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)-1.13
RSI(14)43.09
LBB196.87
UBB211.68
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 |
|---|---|---|---|
| 199.03 | 196.00 | 3.03 (1.52%) | 25.00% |
| An entry @199.03. This is a Buy Stop order right above the resistance zone. | An exit @196.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.03 points, which is 1.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- 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.
198.24
-1.86 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.93%
1 Week-1.78%
2 Weeks-5.82%
1 Month-11.74%
3 Month4.29%
6 Month15.74%
12 Month53.05%
2 Year127.68%
3 Year85.25%
5 Year268.2%
10 Year708.15%
15 Year1933.23%
Volatility
ATR(14)6.29
ATR(20)%4.01%
ATR Inc-23.88%
Range Today6.68
ADR(20)6.37
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.72
Mansfield0.6
10 Day High213.18
10 Day Low196.01
20 Day High226.4
20 Day Low187.67
52 Week High226.4
52 Week Low125.78
CS1 End191.46
CR1 Start199.02
Volume & EV
DER(3)-0.42%
DER(5)0.27%
Volume13.75M
Volume Incr-17.38%
Vol(5)15.14M
Vol(50)15.51M