NYSE:TSM - New York Stock Exchange, Inc. - US8740391003 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to TSM. TSM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TSM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 157.09. Right above this resistance zone may be a good entry point.
145.32
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
151.74
+0.07 (+0.05%)