TSM Weekly Technical Analysis
Taiwan Semiconductor Manufacturing Co
World's largest semiconductor foundry manufacturing advanced chips for major tech firms.
TSM Technical Analysis Summary
TSM is in a powerful, accelerating long-term uptrend on the weekly chart. The price action has recently gone nearly parabolic, pushing into blue-sky territory with strong confirmation from momentum indicators like MACD. While the primary trend remains decisively bullish, investors should be aware of the deeply overbought RSI, which increases the likelihood of a near-term pullback or sideways consolidation to test underlying support zones near the rising moving averages.
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TSM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is making new highs, supported by a steeply rising 20-week SMA, while both MACD and RSI are in bullish territory, confirming strong upward momentum.
Long-term Sentiment (weeks to months): Bullish
The long-term trend is clearly up, with price comfortably above the 50-week and 200-week SMAs, both of which are sloping upward.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:32:57.866Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $295.00 | $280.00 - $310.00 | Strong | A previous consolidation zone and the approximate current location of the rising 20-week SMA. |
| $247.50 | $240.00 - $255.00 | Strong | A major prior swing high and resistance zone turned support, roughly aligning with the rising 50-week SMA. |
| $190.00 | $180.00 - $200.00 | Weak | A broad consolidation area that served as resistance before the recent major breakout. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $390.00 | $380.00 - $400.00 | Weak | Round number psychological resistance levels just above current all-time highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Advance | Bullish | N/A | The stock has entered a very steep, near-vertical ascent over recent weeks, characterized by consecutive strong bullish candles. |
| Weak | Overbought Condition | Bearish | N/A | RSI(14) is well above 70 (near 77), indicating the asset is heavily overbought and may be vulnerable to a near-term pullback or consolidation. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Bullish because Price is making new highs, supported by a steeply rising 20-week SMA, while both MACD and RSI are in bullish territory, confirming strong upward momentum.. 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 $295.00 and $247.50. 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 25/100. 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.