Trading Signals: TSM Stock Price Prediction and Forecast

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Wed. Sep. 20, 2023

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

(Taiwan Semiconductor Manufacturing)
TSM latest price $87.2900 (-1%) ($87.2900 - $89.3150) on Wed. Sep. 20, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.5% (three month average)
RSI   24
Latest Price   $87.2900(-1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TSM declines -0.9% a day on average for past five trading days.
Weekly Trend   TSM declines -2.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support TSM advance at 0% a week (0% probability)
SMH(86%)    QQQ(74%)    FIVG(71%)    SPY(71%)    BOTZ(70%)
Factors Impacting TSM price   TSM will decline at least -0.75% in a week (0% probabilities).
VXX(-53%)    VIXM(-48%)    UUP(-22%)    TBT(-19%)    SLV(-9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.75% (StdDev 1.5%)
Hourly BBV -2 ()
Intraday Trend -1.5%

1 - 5 Day Possible Target   $84.71(-2.96%)
Resistance Level   $91.54
5 Day Moving Average   $89(-1.92%)
10 Day Moving Average   $89.55(-2.52%)
20 Day Moving Average   $91.54(-4.64%)
To recent high   -17.3%
To recent low   0%
Market Cap   $452.693b

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 2.55% (three month std-dev: 1.5%) daily (68% of days).

Sample size 35 Average positive next day return: 1.08%(51%) Average negative next day return: -1.6%(49%) Sample size 35 Average positive next three day return: 1.81%(37%) Average negative next three day return: -2.48%(63%) Sample size 35 Average positive next weekly return: 2.35%(37%) Average negative next weekly return: -3.02%(63%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231020

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_20_2023	95.76	91.54	89.55	89	88.81	88.22	87.29(-1%)	DT	HoldShort	-65	-0.7	-62	-50	-44	-117	6.93	13%	0.05	-34.5	1.5%	-2	-1.8	24	-0
2	Sep_19_2023	95.71	91.81	90.05	89.79	89.81	88.59	88.17(-0.74%)	DT	OpenShort	-75	-0.8	-63	-90	-47	-112	7.17	13%	0.04	-27	1.5%	-1.1	-1.7	25	0.9
3	Sep_18_2023	95.67	92.05	90.67	90.25	90.48	89.4	88.83(-0.47%)	DT	OpenShort	-75	-0.7	-76	-80	-65	-107	6.64	13%	0.05	-24.3	1.51%	-1.1	-1.7	32	1
4	Sep_15_2023	95.62	92.19	91.11	90.4	90.95	91.03	89.25(-2.43%)	DT	OpenShort	-75	-0.6	-35	20	-18	-86	19.92	13%	0.05	-26.3	1.51%	-1.9	-1.6	38	1
5	Sep_14_2023	95.57	92.33	91.54	90.48	90.92	91.57	91.47(0.27%)	N/A	N/A	0	0.6	13	60	37	-61	6.5	14%	0.1	-35.6	1.49%	0.3	-0.5	47	1.5

6	Sep_13_2023	95.47	92.35	91.84	90.2	90.44	90.88	91.22(0.82%)	N/A	N/A	0	0.6	0	40	24	-71	5.76	14%	0.09	-46.7	1.5%	0.4	-0.7	40	1.3
7	Sep_12_2023	95.38	92.38	92.21	90.41	90.11	90.28	90.48(0.98%)	DP	OpenShort	-75	0	-29	0	-14	-72	8.24	30%	0.06	-51.7	1.49%	0.8	-1.2	46	1
8	Sep_11_2023	95.32	92.52	92.56	91.23	90.66	90.01	89.6(-0.04%)	DT	OpenShort	-75	-1	-34	-70	-28	-51	7.26	30%	0.05	-48.8	1.59%	0.1	-1.8	42	1.3
9	Sep_8_2023	95.27	92.66	92.95	91.95	91.7	89.94	89.64(-0.46%)	DT	OpenShort	-75	-1.6	-63	-140	-69	-45	5.82	38%	0	-53.2	1.63%	-0.8	-2.1	49	1.3
10	Sep_7_2023	95.27	92.92	93.28	92.73	92.59	91.3	90.05(-2.4%)	DT	OpenShort	-75	-2	-81	-100	-96	-35	14.68	38%	0.03	-43.1	1.63%	-0.9	-2.1	48	1.2

11	Sep_6_2023	95.24	93.13	93.73	93.68	93.59	93.45	92.26(-2.47%)	CR	SmallShort	-20	-1.2	-19	-10	-32	21	7.86	42%	0.04	-32.8	1.61%	-1.3	-0.7	54	1.4
12	Sep_5_2023	95.2	93.24	93.76	94.24	94.16	93.89	94.6(1.51%)	UT	OpenLong	75	0.3	16	-20	4	51	6.39	47%	0.16	-34.6	1.6%	1.4	1.1	62	1.7
13	Sep_1_2023	95.05	93.3	93.56	94.12	94.29	93.74	93.19(-0.41%)	N/A	N/A	0	-0.6	-7	-40	-22	38	7.09	47%	0.07	-39.7	1.58%	-1.1	-0.1	51	2.3
14	Aug_31_2023	94.98	93.44	93.38	94.11	94.3	94.44	93.57(-1.28%)	UD	OpenLong	65	-0.4	7	20	-5	42	10.09	41%	0.07	-54.1	1.58%	-1.3	0.1	57	2.3
15	Aug_30_2023	94.91	93.5	93.2	93.9	94.01	94.85	94.78(-0.32%)	UD	OpenLong	75	0.6	29	70	26	38	6.07	41%	0.05	-67.7	1.62%	0.5	0.8	48	2.2

16	Aug_29_2023	94.86	93.53	92.89	93.79	93.86	94.16	95.08(1.15%)	UT	OpenLong	75	0.7	38	20	39	34	8.91	41%	0.07	-68.2	1.63%	1.7	0.8	52	1.7
17	Aug_28_2023	94.79	93.66	92.53	93.22	93.76	93.18	94(0.97%)	DP	OpenShort	-75	0.4	-4	-30	-3	-6	5.17	41%	-0.01	-70.1	1.63%	1.2	0.2	47	1.5
18	Aug_25_2023	94.8	93.89	92.42	92.93	93.49	93.56	93.1(0.62%)	DP	OpenShort	-75	0.1	-18	20	-14	-28	10.35	63%	0.03	-60.1	1.65%	-0.5	-0.3	38	0.2
19	Aug_24_2023	94.77	94.24	92.3	92.53	93.28	94.33	92.53(-1.79%)	N/A	N/A	0	0	22	100	36	-20	12.24	63%	0.02	-55.2	2.25%	-0.7	-0.6	37	-0.6
20	Aug_23_2023	94.75	94.57	92.5	92.35	92.27	93.42	94.22(2.15%)	RB	SmallLong	20	0.6	23	80	38	-23	10.31	63%	0.02	-52.4	2.24%	1.3	-0.1	46	0.5

21	Aug_22_2023	94.73	94.81	92.44	91.86	91.8	92.23	92.24(-0.35%)	N/A	N/A	0	0.1	12	30	29	-40	7.06	63%	0	-58.7	2.23%	0.6	-0.8	37	-0.5
22	Aug_21_2023	94.73	95.2	92.65	91.75	91.56	91.11	92.56(1.6%)	DP	OpenShort	-75	0.3	-23	-40	-8	-67	8.61	63%	-0.01	-64.4	2.23%	1.7	-0.8	30	-0.5
23	Aug_18_2023	94.74	95.48	92.99	91.85	91.66	91.36	91.1(-0.59%)	DT	HoldShort	-65	-0.2	-37	-30	-23	-80	9.06	65%	-0.01	-74.3	2.22%	-0.7	-1.4	23	-1.4
24	Aug_17_2023	94.75	95.81	93.49	92.03	92.13	92.01	91.64(-0.15%)	DT	HoldShort	-65	-0.1	-26	-10	-7	-83	7.71	69%	-0.01	-88.9	2.24%	-1.4	-1.4	21	-2.3
25	Aug_16_2023	94.76	96.14	93.84	92.66	92.26	91.96	91.78(0.11%)	DP	OpenShort	-75	-0.3	-38	-40	-21	-87	7.43	69%		-90.1	2.35%	-0.8	-1.4	29	-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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