Trading Signals: TSM Stock Price Prediction and Forecast

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

Wed. Sep. 2, 2020

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

(Taiwan Semiconductor Manufacturing)
TSM latest price $82.1700 (0.76%) ($79.8800 - $82.7100) on Wed. Sep. 2, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.89% (three month average)
RSI   62
Latest Price   $82.1700(0.76%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TSM advances 0.1% a day on average for past five trading days.
Weekly Trend   TSM advances 1.2% 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(67%)    VT(64%)    VUG(64%)    VWO(61%)    XLY(58%)
Factors Impacting TSM price   TSM will decline at least -1.445% in a week (0% probabilities).
VIXM(-43%)    UUP(-30%)    VXX(-16%)    IGOV(-3%)    EDOC(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.445% (StdDev 2.89%)
Hourly BBV 1.9 ()
Intraday Trend 1%

Inflection Point   Yes
5 Day Moving Average   $80.8(1.7%)
10 Day Moving Average   $80.06(2.64%)
20 Day Moving Average   $79.66(3.15%)
To recent high   -1.3%
To recent low   58%
Market Cap   $426.14b

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 1.72% (three month std-dev: 2.89%) daily (68% of days).

Sample size 9 Average positive next day return: 0.74%(56%) Average negative next day return: -0.57%(44%) Sample size 9 Average positive next three day return: 1.37%(67%) Average negative next three day return: -1.49%(33%) Sample size 9 Average positive next weekly return: 1.99%(56%) Average negative next weekly return: -0.97%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201002

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	Sep_2_2020	62.83	79.66	80.06	80.8	80.45	81.16	82.17(0.76%)	UT	OpenLong	75	1	25	50	22	34	12.53	77%	0.5	19.8	2.89%	1.9	1.8	62	-1.3
2	Sep_1_2020	62.52	79.6	79.69	80.72	80.4	79.98	81.55(2.9%)	UT	OpenLong	75	0.7	10	-50	5	25	10.19	77%	0.55	15.8	2.89%	1.4	1.5	56	-1
3	Aug_31_2020	62.18	79.52	79.45	80.42	80.59	79.74	79.25(-1.48%)	N/A	N/A	0	-1	-12	-70	-20	14	9.8	76%	0.27	22	2.88%	-1	-0.2	55	-0.6
4	Aug_28_2020	62.01	79.51	79.54	80.35	80.78	80.81	80.44(-0.2%)	UT	HoldLong	50	0.1	2	20	-4	21	5.65	76%	0.54	4.6	2.87%	-0.7	0.8	51	0.5
5	Aug_27_2020	61.68	79.43	79.34	79.93	80.52	81.43	80.6(-1.41%)	UD	OpenLong	75	0.6	25	100	26	23	8.01	76%	0.51	13.4	2.9%	-0.2	1	51	0.5

6	Aug_26_2020	61.37	79.39	79.1	79.17	79.75	80.75	81.75(2.14%)	UT	OpenLong	75	1.9	32	110	38	12	7.76	76%	0.52	38.2	2.89%	1.4	1.7	52	1
7	Aug_25_2020	61.05	79.4	78.83	78.53	78.5	79.61	80.04(1.44%)	N/A	N/A	0	1.1	12	100	19	-11	6.1	76%	0.51	72.5	2.89%	1.3	0.5	43	1.3
8	Aug_24_2020	60.74	79.26	78.62	78.4	78.2	78.75	78.9(0.71%)	N/A	N/A	0	0.3	10	40	19	-18	6.4	76%	0.55	86.1	2.91%	0.7	-0.2	46	1.3
9	Aug_21_2020	60.41	79.46	78.7	78.66	78.37	77.4	78.34(1.99%)	DP	OpenShort	-75	-0.2	-13	-100	-9	-24	7.94	76%	0.5	112.8	2.93%	0.4	-0.6	49	1.4
10	Aug_20_2020	60.11	79.27	78.86	78.67	78.85	77.66	76.81(-2.2%)	DT	OpenShort	-75	-0.6	-35	-100	-36	-32	11.44	76%	0.52	81.8	2.94%	-1.1	-0.8	45	1.5

11	Aug_19_2020	59.8	78.88	79.24	78.97	79.34	79.34	78.54(-1.1%)	DT	OpenShort	-75	-0.1	-14	10	-13	-18	7.97	76%	0.54	72.1	2.93%	-1.3	-0.1	46	1.5
12	Aug_18_2020	59.48	78.43	79.53	79.14	79.29	80.03	79.41(-0.97%)	N/A	N/A	0	0.1	11	70	17	-6	6.76	77%	0.54	67	2.94%	0	0.2	39	1.8
13	Aug_17_2020	59.16	77.9	79.61	78.85	78.98	79.34	80.19(2.27%)	N/A	N/A	0	0.3	13	40	18	-2	8.58	77%	0.58	59.5	2.96%	1.3	0.5	60	1.9
14	Aug_14_2020	58.82	77.28	79.48	78.78	78.58	78.54	78.41(0.14%)	DP	OpenShort	-75	-0.1	-12	-10	-8	-23	5.6	73%	0.5	56.5	3.02%	-0.8	0.2	42	1.6
15	Aug_13_2020	58.53	76.73	79.55	79.11	78.98	78.63	78.3(-1.37%)	DT	OpenShort	-75	-0.1	-8	-40	-8	-8	6.52	73%	0.52	57.4	3.03%	-0.6	0.3	60	1.5

16	Aug_12_2020	58.23	76.18	79.72	79.55	79.39	78.62	79.39(1.86%)	N/A	N/A	0	-0	-11	-70	-22	21	8.35	73%	0.54	58.4	3.02%	0.3	0.5	69	1.6
17	Aug_11_2020	57.92	75.55	80.03	80	80.01	79.33	77.94(-2.42%)	N/A	N/A	0	-0.3	-4	-60	-25	60	7.01	73%	0.57	62.4	3.04%	-1.9	0.4	66	1.1
18	Aug_10_2020	57.59	75.02	79.98	80.45	80.82	80.15	79.87(-0.2%)	UD	OpenLong	65	-0.1	20	-40	-6	99	7.41	73%	0.63	67.3	3.03%	-0.5	0.7	69	1.7
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		91.7	3.08%	0.1	1.6	74	1.3
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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