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 exhibits a exceptionally strong long-term uptrend, supported by bullish moving average alignments and sustained buying pressure over the past year. However, in the short term, the stock appears technically extended. Fading momentum on the MACD, an RSI retreating from overbought levels, and a recent bearish weekly candle suggest the asset is due for a consolidation or pullback toward the 20-week SMA support zone to digest recent gains before attempting higher prices.
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TSM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is pulling back after touching the upper Bollinger Band, accompanied by a declining MACD histogram and RSI turning down from overbought territory, suggesting a period of consolidation or short-term correction.
Long-term Sentiment (weeks to months): Bullish
The long-term uptrend is firmly intact, characterized by a perfect bullish alignment of moving averages (Price > 20-SMA > 50-SMA > 200-SMA) and a consistent structure of higher highs and higher lows.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:03:07.619Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $370.00 | $360.00 - $380.00 | Strong | Confluence of the rising 20-week SMA and a previous minor consolidation zone. |
| $310.00 | $300.00 - $320.00 | Strong | Major previous breakout area and alignment with the rising 50-week SMA. |
| $250.00 | $240.00 - $260.00 | Strong | Significant structural swing low from late 2023 / early 2024 before the current parabolic advance. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $447.50 | $440.00 - $455.00 | Strong | Recent all-time high zone established by the most recent candle wicks. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Advance | Neutral | N/A | The price action has steepened significantly over the past several months, extending far above its long-term moving averages, which often precedes a reversion to the mean or prolonged consolidation. |
| Weak | Potential Bearish Engulfing / Dark Cloud Cover | Bearish | N/A | The most recent weekly candle is a large red candle that opens near the previous week's high and closes significantly lower, indicating short-term seller dominance at the highs. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Neutral because Price is pulling back after touching the upper Bollinger Band, accompanied by a declining MACD histogram and RSI turning down from overbought territory, suggesting a period of consolidation or short-term correction.. 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 $370.00 and $310.00. 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 57/100. 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.