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 maintains a robust long-term bullish trend supported by cleanly stacked and upward-sloping 20, 50, and 200-day moving averages. Following a strong push toward 490, the stock is undergoing a short-term pullback after touching the upper Bollinger Band and triggering an overbought RSI reset. As long as price holds above the 20-day SMA (near 449.50) or secondary support at 430, the broader structural uptrend remains fully intact.
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TSM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price faced a sharp rejection from the upper Bollinger Band near 490, pulling RSI down from overbought territory toward 55.18, though it remains above the rising 20-day SMA.
Long-term Sentiment (weeks to months): Bullish
Price remains in a well-defined macro uptrend with full bullish moving average alignment (20 > 50 > 200 SMA) and rising 50-day and 200-day SMAs.
Report Metadata
- Timeframe: daily
- Generated at: 2026-10-08T20:17:34.977Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $447.50 | $445.00 - $450.00 | Moderate | Confluence of the rising 20-day SMA and prior late-September breakout shelf. |
| $430.00 | $425.00 - $435.00 | Strong | Key support zone defined by the 50-day SMA and the late-August to September consolidation base. |
| $387.50 | $380.00 - $395.00 | Strong | Major structural swing low from August aligned with the upward-sloping 200-day SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $488.50 | $485.00 - $492.00 | Strong | Recent cycle peak where price rejected off the upper Bollinger Band. |
| $520.00 | $515.00 - $525.00 | Moderate | Psychological extension target zone above recent all-time highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Bollinger Band Rejection | Bearish | $449.50 | Price touched and sharply pulled back from the upper Bollinger Band band near 490, indicating short-term exhaustion after a multi-week rally. |
| Strong | Ascending Trend Channel | Bullish | $500.00 | Consistent sequence of higher swing highs and higher swing lows since the August pullback low near 380. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Neutral because Price faced a sharp rejection from the upper Bollinger Band near 490, pulling RSI down from overbought territory toward 55.18, though it remains above the rising 20-day SMA.. The long-term trend is classified as Bullish.
What are the key support levels for TSM?
StockDips.AI has identified key support levels for TSM at $447.50 and $430.00. 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 74/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.