TAIWAN SEMICONDUCTOR-SP ADR (TSM)
US8740391003 - ADR
Taking everything into account, TSM scores 10 out of 10 in our technical rating. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TSM is one of the better performing stocks in the market, outperforming 93% of all 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 89% 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 14162100 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 178.05 - 205.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
175.00
207.91
6 important support areas can be observed.
- A support zone ranging from 194.35 to 196.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 190.80 to 191.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @187.76 from a trend line in the daily time frame.
- Support @184.65 from a horizontal line in the weekly time frame.
- Support @181.18 from a horizontal line in the daily time frame.
- Support @176.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @197.62 from a trend line in the daily time frame.
- A resistance zone ranging from 201.20 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
CRS93.99
Mansfield1.4
10 Day High205.5
10 Day Low190.37
20 Day High205.63
20 Day Low178.05
52 Week High212.6
52 Week Low98.8
Performance
1 Week-1.88%
2 Weeks-2.86%
1 Month3.12%
3 Month13.29%
6 Month13.37%
12 Month91.19%
2 Year164.75%
3 Year63.92%
5 Year239.43%
10 Year781.19%
15 Year1623.86%
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)-0.1
RSI(14)52.63
LBB190.38
UBB206.1
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 |
|---|---|---|---|
| 197.63 | 194.34 | 3.29 (1.66%) | 25.00% |
| An entry @197.63. This is a Buy Stop order right above the resistance zone. | An exit @194.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.29 points, which is 1.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- 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 (12/20/2024, 8:04:00 PM)
After market: 198.21 +1 (+0.51%)197.21
+2.57 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.32%
1 Week-1.88%
2 Weeks-2.86%
1 Month3.12%
3 Month13.29%
6 Month13.37%
12 Month91.19%
2 Year164.75%
3 Year63.92%
5 Year239.43%
10 Year781.19%
15 Year1623.86%
Volatility
ATR(14)6.04
ATR(20)%3.05%
ATR Inc-16.84%
Range Today6.1
ADR(20)5.22
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield1.4
10 Day High205.5
10 Day Low190.37
20 Day High205.63
20 Day Low178.05
52 Week High212.6
52 Week Low98.8
CS1 End196.84
CR1 Start197.62
Volume & EV
DER(3)0.12%
DER(5)-0.55%
Volume16.17M
Volume Incr15.69%
Vol(5)13.55M
Vol(50)14.16M