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 remains in a robust multi-year secular uptrend, supported by well-aligned rising 20, 50, and 200-week moving averages. Following a successful test of the 20-week SMA support zone around 426, buyers have pushed price back near all-time highs above the upper Bollinger Band. A confirmed weekly close above the 480-490 resistance zone would open the path toward psychological targets at 500 and beyond.
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TSM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Strong weekly bullish momentum surging out of the 20-week moving average retest, breaking above the upper Bollinger Band with RSI expanding above 70.
Long-term Sentiment (weeks to months): Bullish
Consistent multi-year sequence of higher highs and higher lows with stacked, upward-sloping 20, 50, and 200-week moving averages confirming strong secular trend strength.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-10-02T21:03:38.014Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $425.00 | $415.00 - $435.00 | Strong | Confluence of recent swing lows and the rising 20-week SMA at 426.70. |
| $380.00 | $370.00 - $390.00 | Strong | Major prior consolidation zone anchored by the rising 50-week SMA at 371.73 and lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $485.00 | $480.00 - $490.00 | Strong | Previous all-time high weekly wick rejection zone. |
| $510.00 | $500.00 - $520.00 | Moderate | Major psychological milestone and potential extension target if previous highs clear. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Ascending Trend Channel | Bullish | $500.00 | Prolonged multi-year uptrend characterized by rising support shelves and impulsive thrusts along the moving averages. |
| Moderate | Pullback Reversal off 20-Week SMA | Bullish | $488.00 | Multi-week corrective dip resolved decisively upward after holding the 20-week average and prior swing highs. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Bullish because Strong weekly bullish momentum surging out of the 20-week moving average retest, breaking above the upper Bollinger Band with RSI expanding above 70.. 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 $425.00 and $380.00. 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.