Trading Signals: TSM Stock Price Prediction and Forecast

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

Fri. Nov. 20, 2020

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

(Taiwan Semiconductor Manufacturing)
TSM latest price $95.3300 (-1.32%) ($95.3000 - $97.2000) on Fri. Nov. 20, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.21% (three month average)
RSI   68
Latest Price   $95.3300(-1.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TSM advances 0.4% a day on average for past five trading days.
Weekly Trend   TSM advances 4.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock 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(60%)    XLY(57%)
Factors Impacting TSM price   TSM will decline at least -1.105% in a week (0% probabilities).
VIXM(-43%)    UUP(-30%)    VXX(-16%)    TBT(-0%)    TLT(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.105% (StdDev 2.21%)
Hourly BBV -1.3 ()
Intraday Trend -1.4%

Inflection Point   Yes
5 Day Moving Average   $96.77(-1.49%)
10 Day Moving Average   $93.64(1.8%)
20 Day Moving Average   $90.51(5.33%)
To recent high   -4%
To recent low   24.1%
Market Cap   $494.389b

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 4.87% (three month std-dev: 2.21%) daily (68% of days).

Sample size 46 Average positive next day return: 2.08%(41%) Average negative next day return: -1.57%(59%) Sample size 46 Average positive next three day return: 3.14%(48%) Average negative next three day return: -2.96%(52%) Sample size 46 Average positive next weekly return: 4.43%(39%) Average negative next weekly return: -4.29%(61%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201220

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	Nov_20_2020	81.13	90.51	93.64	96.77	96.76	96.29	95.33(-1.32%)	UD	OpenLong	65	-0.3	13	-30	-21	114	5.35	71%	0.46	55	2.21%	-1.3	1.1	68	1.2
2	Nov_19_2020	80.76	90.14	93.24	96.35	97.38	97.02	96.61(-0.33%)	UD	OpenLong	75	0.1	53	10	22	147	5.53	71%	0.5	56.3	2.22%	-0.6	1.5	73	1.3
3	Nov_18_2020	80.36	89.69	92.61	94.99	96.38	97.22	96.93(1.27%)	UT	OpenLong	75	0.5	53	100	23	143	8.52	71%	0.51	50.8	2.23%	-0.3	1.8	71	1.3
4	Nov_17_2020	79.95	89.2	91.83	93.78	94.63	97.74	95.71(-3.59%)	UD	OpenLong	75	0.5	108	260	88	168	10.82	71%	0.5	45.6	2.23%	-0.1	1.8	71	1.6
5	Nov_16_2020	79.55	88.79	91.02	92.17	92.97	95.53	99.27(6.49%)	UT	OpenLong	75	2.1	155	220	149	172	18.39	76%	0.54	34.7	2.19%	1.2	3.1	69	1.6

6	Nov_13_2020	79.12	88.15	89.62	90.12	90.28	91.52	93.22(3.79%)	UT	OpenLong	75	1.3	52	100	37	96	9.17	73%	0.47	18.6	2.05%	1.4	2.2	63	1.5
7	Nov_12_2020	78.75	87.8	88.69	89.76	89.84	90.41	89.82(-1.17%)	UD	OpenLong	75	0	44	50	33	78	7.47	70%	0.42	11.7	2.01%	0.2	1	53	1.1
8	Nov_11_2020	78.42	87.7	88.22	89.88	89.8	89.05	90.88(3.67%)	UT	HoldLong	50	0.5	12	-60	-3	57	7.69	70%	0.45	14.6	2.02%	0.7	1.6	55	1.8
9	Nov_10_2020	78.07	87.56	87.53	89.88	89.85	89.27	87.66(-1.54%)	N/A	N/A	0	-1	-21	-40	-37	28	8.29	67%	0.41	15.2	2%	-1.1	0.1	50	1.7
10	Nov_9_2020	77.75	87.65	87.44	89.6	90.16	90.55	89.03(-2.6%)	UD	OpenLong	75	-0.3	30	50	24	48	8.97	67%	0.44	28.9	1.99%	-1.6	0.7	51	1.4

11	Nov_6_2020	77.41	87.72	87.19	88.94	89.26	90.42	91.41(1.08%)	UT	OpenLong	75	1.2	52	100	54	45	6.4	72%	0.45	34.3	1.96%	1.6	1.8	60	1.7
12	Nov_5_2020	77.06	87.56	86.82	87.43	87.95	89.77	90.43(1.1%)	UT	OpenLong	75	1.6	68	160	80	32	6.66	72%	0.44	34.6	1.96%	1.1	1.6	61	1
13	Nov_4_2020	76.72	87.41	86.54	86.32	86.37	88.09	89.45(2.01%)	UT	OpenLong	75	1.8	63	140	80	10	7.6	72%	0.45	32.7	1.97%	1.2	1.2	52	0.8
14	Nov_3_2020	76.38	87.28	86.31	85.2	85.24	86.14	87.69(2.31%)	RB	SmallLong	20	1.3	30	80	49	-28	6.27	71%	0.42	27.4	1.97%	1.3	0.2	46	-0.6
15	Nov_2_2020	76.06	87.07	86.33	85.01	84.62	84.65	85.71(2.19%)	DP	OpenShort	-75	0.4	-14	-10	-0	-57	6.59	68%	0.4	30	1.95%	1.2	-0.7	35	-1.4

16	Oct_30_2020	75.76	87.03	86.51	85.21	84.99	84.34	83.87(-1.2%)	DT	HoldShort	-65	-0.6	-40	-60	-28	-76	4.96	59%	0.4	37.1	1.94%	-1.2	-1.3	24	-1.7
17	Oct_29_2020	75.46	86.93	86.83	86.1	85.69	84.6	84.89(1.24%)	DP	OpenShort	-75	-0.5	-54	-100	-47	-73	5.84	67%	0.36	49.8	1.98%	-0.1	-0.8	38	-1.4
18	Oct_28_2020	75.19	86.85	87.17	86.76	86.56	85.64	83.85(-3.3%)	DT	OpenShort	-75	-1.1	-50	-80	-48	-57	8.72	56%	0.37	60.3	2.17%	-1.5	-1.1	39	-2.6
19	Oct_27_2020	74.91	86.76	87.67	87.52	87.51	86.79	86.71(-0.02%)	DT	OpenShort	-75	-0.3	-24	-60	-22	-28	5.31	69%	0.42	68.5	2.34%	-0.7	-0	51	-0.5
20	Oct_26_2020	74.6	86.48	87.95	87.83	87.84	87.48	86.73(-1.79%)	DT	OpenShort	-75	-0.3	-15	-30	-18	-5	5.57	69%	0.43	65.3	2.8%	-1.3	0.1	64	-0.4

21	Oct_23_2020	74.28	86.16	88.36	88	88.17	88.23	88.31(0.11%)	UT	OpenLong	75	0.1	7	10	3	18	4.17	74%	0.46	60.3	3.02%	-0.4	0.6	63	1.1
22	Oct_22_2020	73.94	85.72	88.4	87.67	88.2	88.19	88.21(0.65%)	UT	OpenLong	75	0.1	10	20	3	31	5.63	74%	0.49	52.9	3.03%	-0.6	0.6	71	1.2
23	Oct_21_2020	73.58	85.25	88.37	87.66	88	88.11	87.64(-0.7%)	UD	OpenLong	65	-0	8	20	-3	40	7.38	74%	0.49	46.3	3.03%	-1.1	0.6	63	0.9
24	Oct_20_2020	73.22	84.78	88.32	87.85	88.02	88.2	88.26(0.8%)	UT	OpenLong	75	0.1	15	20	1	58	7.36	74%	0.51	41.9	3.03%	0.5	0.8	68	0.6
25	Oct_19_2020	72.85	84.39	87.86	88.13	88.24	87.89	87.56(0.99%)	UD	OpenLong	65	-0.1	10	-20	-9	65	7.99	74%		38.4	3.03%	-0.4	0.8	68	0.7
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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