TAIWAN SEMICONDUCTOR-SP ADR (TSM)
US8740391003 - ADR
Taking everything into account, TSM scores 8 out of 10 in our technical rating. 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.
In the last month TSM has a been trading in the 184.81 - 206.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 108 other stocks in this industry. TSM outperforms 92% of them.
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 14024500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TSM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 186.00, a Stop Loss order could be placed below this zone.
More info and screens
102.22
207.91
4 important support areas can be observed.
- A support zone ranging from 185.45 to 186.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 168.20 to 169.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.04 from a horizontal line in the daily time frame.
- Support @103.25 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 203.45 to 205.85. 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
CRS91.68
Mansfield1.25
10 Day High206.61
10 Day Low184.81
20 Day High206.61
20 Day Low184.81
52 Week High212.6
52 Week Low95.25
Performance
1 Week-7.55%
2 Weeks-3.6%
1 Month-7.36%
3 Month6.57%
6 Month22.63%
12 Month86.79%
2 Year124.16%
3 Year58.78%
5 Year250.37%
10 Year692.54%
15 Year1690.28%
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)-1.88
RSI(14)44.43
LBB184.27
UBB202.13
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 |
|---|---|---|---|
| 193.00 | 185.44 | 7.56 (3.92%) | 25.00% |
| An entry @193.00. This is a Buy Stop order right above the 10 day moving average. | An exit @185.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.56 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
TAIWAN SEMICONDUCTOR-SP ADR
NYSE:TSM (11/15/2024, 8:04:00 PM)
After market: 187.13 +1.12 (+0.6%)186.01
-2.49 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.32%
1 Week-7.55%
2 Weeks-3.6%
1 Month-7.36%
3 Month6.57%
6 Month22.63%
12 Month86.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.23
ATR(20)%3.29%
ATR Inc
Range Today3.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High206.61
10 Day Low184.81
20 Day High206.61
20 Day Low184.81
52 Week High212.6
52 Week Low95.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.83M
Volume Incr-25.21%
Vol(5)12.72M
Vol(50)14.02M