Taiwan Semiconductor Manufacturing Co (TSM) Daily Technical Analysis
Taiwan Semiconductor Manufacturing Co
World's largest semiconductor foundry manufacturing advanced chips for major tech firms.
TSM Technical Analysis Summary
TSM is experiencing short-term weakness after failing to hold above the 500 level, subsequently breaking down through its 50-day and 200-day SMAs. While the long-term trendline defined by the 200-day moving average is still rising, the recent drop to the lower Bollinger Band and RSI reading of 36.33 indicate strong selling pressure. Long-term investors should watch for stabilizing price action near the 370–390 support zone before expecting trend resumption.
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TSM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has broken below the 200-day SMA and is riding down the lower Bollinger Band with RSI falling to 36.33.
Long-term Sentiment (weeks to months): Neutral
The 200-day SMA remains upward sloping, but price has recently breached beneath it following a failed rally near 500.
Report Metadata
- Timeframe: daily
- Generated at: Nov 4, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $390.50 | $388.00 - $393.00 | Moderate | Aligns with the lower Bollinger Band (391.39) and the late-July swing low area. |
| $370.00 | $365.00 - $375.00 | Strong | Major prior consolidation base and swing low established in late summer. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $404.50 | $401.00 - $408.00 | Moderate | Immediate resistance formed by the breached 200-day SMA (401.10) and recent breakdown candles. |
| $430.00 | $425.00 - $435.00 | Strong | Cluster of the 20-day SMA (425.57) and the downward-sloping 50-day SMA (433.97). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Top | Bearish | $370.00 | Two distinct peaks formed near 485 and 500 followed by an aggressive rejection and breakdown below key moving averages. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Bearish because Price has broken below the 200-day SMA and is riding down the lower Bollinger Band with RSI falling to 36.33. The long-term trend is classified as Neutral.
What are the key support levels for TSM?
StockDips.AI has identified key support levels for TSM at $390.50 and $370.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is TSM in a significant dip or a Value Dip right now?
TSM has a Value Score of 63/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.