Trading Signals: TSM Stock Price Prediction and Forecast

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Fri. Aug. 7, 2020

Trading Signals: TSM Stock Price Prediction and Forecast (Mon. Apr. 28, 2014 - Fri. Dec. 22, 2023)

(Taiwan Semiconductor Manufacturing)
TSM latest price $80.0300 (-0.61%) ($79.4100 - $80.7850) on Fri. Aug. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.02% (three month average)
RSI   70
Latest Price   $80.0300(-0.61%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TSM advances 0.3% a day on average for past five trading days.
Weekly Trend   TSM advances 7.1% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support TSM advance at 0% a week (0% probability)
XLK(66%)    VT(64%)    VUG(64%)    VWO(61%)    XLY(57%)
Factors Impacting TSM price   TSM will decline at least -1.51% in a week (0% probabilities).
VIXM(-42%)    UUP(-30%)    VXX(-16%)    IGOV(-5%)    XLC(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.51% (StdDev 3.02%)
Hourly BBV -1.2 ()
Intraday Trend -0.6%

Inflection Point   Yes
5 Day Moving Average   $80.26(-0.29%)
10 Day Moving Average   $80.29(-0.32%)
20 Day Moving Average   $74.31(7.7%)
To recent high   -3.9%
To recent low   60.7%
Market Cap   $415.042b

Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.

$. TSM price fluctuates within 9.26% (three month std-dev: 3.02%) daily (68% of days).

Sample size 16 Average positive next day return: 4.46%(75%) Average negative next day return: -2%(25%) Sample size 16 Average positive next three day return: 6.26%(69%) Average negative next three day return: -2.28%(31%) Sample size 16 Average positive next weekly return: 5.82%(69%) Average negative next weekly return: -6.98%(31%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200907

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_7_2020	57.23	74.31	80.29	80.26	80.7	80.69	80.03(-0.61%)	UD	OpenLong	65	-0	30	20	-7	139	8.7	73%	0.65	67.3	3.02%	-1.2	0.8	70	1.6
2	Aug_6_2020	56.86	73.51	79.74	80.04	80.23	81.5	80.52(-1.36%)	UD	OpenLong	75	0.1	58	120	20	170	9.83	73%	0.65	70.3	3.02%	-0.2	1	71	1.7
3	Aug_5_2020	56.49	72.73	78.54	79.92	79.67	80.7	81.63(1.8%)	UT	OpenLong	75	0.2	70	80	32	182	14.57	73%	0.61	75.5	3.01%	1	1.3	72	1.7
4	Aug_4_2020	56.15	71.77	77.29	80.13	79.19	78.96	80.19(1.57%)	UT	OpenLong	75	0	55	-60	10	191	12.54	73%	0.65	81.3	3.01%	1.8	1.2	72	1.6
5	Aug_3_2020	55.79	70.8	76.1	79.47	79.3	78.63	78.95(0.08%)	UD	OpenLong	65	-0.1	30	-70	-20	178	10.13	73%	0.49	83.6	3.01%	-0.1	1.2	69	1.3

6	Jul_31_2020	55.52	69.95	74.95	80.33	79.23	79.42	78.89(-1.3%)	UD	OpenLong	65	-0.2	46	-20	-9	209	12.02	73%	0.56	94.6	3.04%	-1	1.3	71	1.5
7	Jul_30_2020	55.21	68.93	73.73	79.33	80.02	79.97	79.93(-3.31%)	UD	OpenLong	75	0.1	96	20	52	229	16.74	73%	0.51	91.7	3.08%	0.1	1.6	74	1.3
8	Jul_29_2020	54.93	67.77	72.38	76.82	78.4	79.05	82.67(7.48%)	UT	HoldLong	65	0.9	78	120	39	193	28.26	76%	0.53	81.9	3.06%	1.2	2.2	76	1.6
9	Jul_28_2020	54.64	66.45	70.65	73.99	75.32	80.06	76.92(-7.6%)	UD	OpenLong	75	0.5	106	490	81	182	31.4	73%	0.48	76.1	2.96%	-0.4	1.7	74	1.5
10	Jul_27_2020	54.38	65.41	69.61	72.17	72.9	77.75	83.25(12.65%)	UT	HoldLong	65	1.8	208	500	200	230	39.75	84%	0.52	70.2	2.78%	1.3	2.9	88	1.5

11	Jul_24_2020	54.1	64	67.67	68.9	69.48	70.57	73.9(9.69%)	UT	HoldLong	65	1.1	111	140	95	160	41.21	79%	0.35	70.6	2.34%	1	2.1	78	1.2
12	Jul_23_2020	53.91	63.14	66.62	67.4	67.77	68.06	67.37(-1.69%)	UD	OpenLong	65	-0	29	50	-3	126	8.3	72%	0.19	68.7	2.03%	0.6	1	77	1.3
13	Jul_22_2020	53.81	62.6	66.37	67.24	67.59	68.38	68.53(1.06%)	UT	HoldLong	65	0.3	74	100	39	178	7.29	72%	0.26	67.2	2.02%	0.8	1.4	83	1.8
14	Jul_21_2020	53.67	62.01	65.79	66.75	66.93	67.48	67.81(1.38%)	UT	HoldLong	65	0.2	67	70	26	190	10.62	72%	0.22	66.8	2.04%	-1.4	1.3	83	1.8
15	Jul_20_2020	53.55	61.41	65.1	66.58	66.43	66.81	66.89(0.74%)	UT	HoldLong	65	0.1	64	30	17	204	6.35	72%	0.26	67.5	2.07%	0.4	1.3	82	2.2

16	Jul_17_2020	53.41	60.83	64.61	66.22	66.36	66.38	66.4(-0.29%)	UD	OpenLong	75	0	72	10	21	226	11.58	72%	0.26	65.3	2.09%	0.4	1.3	82	1.9
17	Jul_16_2020	53.27	60.31	63.86	65.71	65.99	66.05	66.59(0.8%)	UT	HoldLong	65	0.2	58	20	5	218	15.65	76%	0.21	65.5	2.11%	0.6	1.5	79	1.5
18	Jul_15_2020	53.16	59.79	62.92	65.34	65.56	66.34	66.06(-1.34%)	UD	OpenLong	75	0.2	75	90	28	217	12.4	76%	0.25	66	2.2%	-0.3	1.6	79	1.4
19	Jul_14_2020	53.03	59.26	62.01	64.65	64.94	65.93	66.96(2.9%)	UT	HoldLong	65	0.6	98	120	58	217	10.45	76%	0.25	63.8	2.21%	0.9	2.1	81	0.9
20	Jul_13_2020	52.9	58.68	60.94	63.4	63.9	64.79	65.07(1.91%)	UT	HoldLong	65	0.5	78	120	43	184	16.64	74%	0.19	62.3	2.23%	0.6	2	80	0

21	Jul_10_2020	52.8	58.2	60.06	62.76	62.77	63.96	63.85(-1.44%)	UD	OpenLong	75	0.4	79	130	46	179	10.7	74%	0.13	65.1	2.22%	0.5	2	80	1.2
22	Jul_9_2020	52.73	57.74	59.36	61.72	62.09	63.01	64.78(3.5%)	UT	HoldLong	65	1.2	98	120	74	169	16.9	66%	0.15	61.9	2.23%	1.6	2.7	78	0.8
23	Jul_8_2020	52.65	57.34	58.5	60.12	60.71	61.58	62.59(3.1%)	UT	OpenLong	75	1.2	61	130	43	116	8.71	63%	0.11	67.3	2.26%	1.7	2.6	72	0.9
24	Jul_7_2020	52.59	57.01	57.88	58.96	59.43	61.17	60.71(-1.89%)	UD	OpenLong	75	1.1	68	230	58	98	6.67	59%	0.15	77.4	2.24%	0.2	2.3	71	0.7
25	Jul_6_2020	52.51	56.74	57.39	58.1	58.31	59.85	61.88(5.56%)	UT	OpenLong	75	2.7	84	200	83	87	12.65	66%		88	2.22%	1.3	3.6	75	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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