Trading Signals: TSM Stock Price Prediction and Forecast

^ TSM: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Jun. 5, 2020

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

(Taiwan Semiconductor Manufacturing)
TSM latest price $55.2000 (1.69%) ($55.0600 - $56.3400) on Fri. Jun. 5, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.8% (three month average)
RSI   67
Latest Price   $55.2000(1.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TSM advances 1.9% a day on average for past five trading days.
Weekly Trend   TSM advances 2.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support TSM advance at 0% a week (0% probability)
XLK(64%)    VT(62%)    VUG(62%)    VWO(60%)    XLY(56%)
Factors Impacting TSM price   TSM will decline at least -1.9% in a week (0% probabilities).
VIXM(-40%)    UUP(-31%)    VXX(-16%)    XLC(-1%)    TLT(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.9% (StdDev 3.8%)
Hourly BBV 0.8 ()
Intraday Trend -0.5%

Inflection Point   Yes
5 Day Moving Average   $53.12(3.92%)
10 Day Moving Average   $51.95(6.26%)
20 Day Moving Average   $51.68(6.81%)
To recent high   -1%
To recent low   25.8%
Market Cap   $286.271b

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 2.67% (three month std-dev: 3.8%) daily (68% of days).

Sample size 17 Average positive next day return: 2.18%(71%) Average negative next day return: -0.55%(29%) Sample size 17 Average positive next three day return: 3.71%(71%) Average negative next three day return: -3.19%(29%) Sample size 17 Average positive next weekly return: 4.61%(76%) Average negative next weekly return: -3.76%(24%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200705

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	Jun_5_2020	52.64	51.68	51.95	53.12	53.44	54.6	55.2(1.69%)	UT	OpenLong	75	1.5	41	170	37	51	9.77	44%	-0.08	27	3.8%	0.8	2.6	67	2
2	Jun_4_2020	52.68	51.51	51.47	52.14	52.29	53.26	54.28(2.3%)	UT	OpenLong	75	1.9	28	140	28	27	13.26	46%	-0.08	5.5	3.8%	1.4	2.5	55	1.6
3	Jun_3_2020	52.72	51.39	51.19	51.34	51.45	52.27	53.06(2.02%)	UT	OpenLong	75	1.8	17	120	19	12	8.38	46%	-0.13	-27.6	3.82%	1.3	1.8	56	1.7
4	Jun_2_2020	52.79	51.39	50.95	51.08	50.96	51.32	52.01(1.92%)	UT	OpenLong	75	1.1	10	40	12	4	6.06	49%	-0.17	-44.1	3.82%	1.3	0.8	53	1.3
5	Jun_1_2020	52.88	51.39	50.91	50.84	50.86	50.63	51.03(1.39%)	N/A	N/A	0	0.2	1	-30	3	-5	6.19	49%	-0.15	-58.1	3.87%	0.7	-0.3	46	1

6	May_29_2020	52.96	51.31	50.8	50.59	50.86	50.59	50.33(0.1%)	DP	OpenShort	-75	-0.3	-11	-20	-7	-22	10.91	49%	-0.17	-74.4	3.9%	-0.8	-1.1	42	1.3
7	May_28_2020	53.05	51.45	50.97	50.68	50.89	51.09	50.28(-2.82%)	DT	OpenShort	-75	-0.4	-10	40	-6	-21	8.18	49%	-0.17	-67.6	3.93%	-2.4	-1.3	44	0.9
8	May_27_2020	53.14	51.65	51.04	50.99	51.03	51.2	51.74(1.81%)	N/A	N/A	0	0.7	3	30	8	-14	11.36	47%	-0.13	-43.6	3.91%	1.2	0.1	49	1.5
9	May_26_2020	53.21	51.7	50.97	50.8	51.07	50.68	50.82(2.05%)	DP	OpenShort	-75	0	-9	-40	-4	-23	8.87	48%	-0.21	-42.3	3.92%	0.5	-0.8	48	1.3
10	May_22_2020	53.32	51.83	51.11	50.8	51.08	50.86	49.8(-1.87%)	DT	OpenShort	-75	-1.1	-13	-30	-10	-22	12.44	47%	-0.21	-33.2	3.88%	-1.5	-1.8	42	1.2

11	May_21_2020	53.43	51.98	51.42	51.01	51.37	51.47	50.75(-2.1%)	DT	HoldShort	-50	-0.2	-2	30	2	-13	7.83	47%	-0.04	-40.6	3.9%	-1.8	-1.2	50	1.1
12	May_20_2020	53.45	52.08	51.58	51.28	51.06	51.3	51.84(2.03%)	N/A	N/A	0	0.5	-0	20	3	-10	8.39	47%	-0.13	-33.7	3.9%	1	-0.2	45	1.5
13	May_19_2020	53.52	52.13	51.6	51.1	50.97	51.27	50.81(-2.04%)	DT	HoldShort	-50	-0.3	-1	30	5	-19	12.94	48%	-0.13	-24.7	3.9%	0.2	-1.3	37	0.9
14	May_18_2020	53.59	52.17	51.7	51.16	51.02	50.82	51.87(4.16%)	DP	OpenShort	-75	0.7	-6	-40	0	-23	12.72	46%	-0.13	-21.1	3.9%	1.6	-0.3	48	1.4
15	May_15_2020	53.66	52.21	51.72	51.26	51.12	50.66	49.8(-4.41%)	DT	OpenShort	-75	-1.4	-22	-70	-18	-33	17.73	45%	-0.17	-1	3.89%	-1	-2.3	38	1

16	May_14_2020	53.75	52.41	51.88	51.89	51.71	51.21	52.1(2.32%)	DP	OpenShort	-75	0.2	-13	-80	-9	-24	13.87	45%	-0.02	47	3.88%	0.8	-0.4	48	0.8
17	May_13_2020	53.76	52.43	51.97	51.93	52.14	51.59	50.92(-0.35%)	DT	OpenShort	-75	-1	-16	-60	-13	-24	8.6	45%	-0.13	50	3.88%	-1.8	-1.4	44	0.1
18	May_12_2020	53.83	52.39	52.32	52.17	52.46	52.21	51.1(-2.48%)	DT	OpenShort	-75	-1	-10	-20	-8	-14	8.56	45%	-0.15	55.9	3.88%	-2.4	-1.2	43	1.2
19	May_11_2020	53.91	52.38	52.49	52.3	52.55	52.7	52.4(-0.96%)	DP	OpenShort	-65	0.1	-1	30	1	-5	6.43	47%	-0.11	52	3.87%	-0.3	0	56	2.3
20	May_8_2020	53.97	52.22	52.6	52.25	52.42	52.71	52.91(1.11%)	N/A	N/A	0	0.5	8	50	10	-0	6.09	47%	-0.09	56.1	3.86%	0.5	0.5	52	2

21	May_7_2020	54.02	52	52.57	51.88	52.17	52.41	52.33(0.38%)	N/A	N/A	0	0.3	0	50	4	-11	5.49	46%	-0.13	42.3	3.89%	0.4	0.2	45	1.4
22	May_6_2020	54.09	51.91	52.61	52.04	51.97	52.12	52.13(0.81%)	DP	OpenShort	-75	0.1	-7	20	-5	-12	8.2	46%	-0.13	55.6	3.91%	0.7	0.1	50	0.8
23	May_5_2020	54.16	51.8	52.69	52.51	52.34	51.93	51.71(-0.84%)	N/A	N/A	0	-0.5	-3	-60	-5	5	7.78	46%	-0.13	67.5	3.91%	0.1	-0.1	59	1.1
24	May_4_2020	54.23	51.72	52.68	52.72	52.85	51.83	52.15(2.05%)	N/A	N/A	0	-0.3	-12	-130	-17	5	7.51	48%	-0.13	76.3	3.91%	-0.4	0.3	56	0.5
25	May_1_2020	54.3	51.48	52.73	53	53.18	52.74	51.1(-3.82%)	N/A	N/A	0	-1	-11	-50	-21	19	10.24	48%		71	3.92%	-1.5	-0.2	60	0.4
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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