TAIWAN SEMICONDUCTOR MANUFACTURING CO. - 15 min. - Technical analysis published on 07/08/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 183.79 USD
My targets
188.06 USD (+0.83%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 183.79 USD remains possible. It is advisable to trade TAIWAN SEMICONDUCTOR MANUFACTURING CO. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 183.79 USD. The next bullish objective for buyers is set at 188.06 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 183.79 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TAIWAN SEMICONDUCTOR MANUFACTURING CO. price is 186.51 USD. The price has increased by +1.37% since the last closing and was between 186.51 USD and 192.80 USD. This implies that the price is at 0% from its lowest and at -3.26% from its highest.186.51
192.80
186.51
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of TAIWAN SEMICONDUCTOR MANUFACTURING CO. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bearish trend
Type : Bearish
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 176.82 | 179.69 | 184.86 | 186.51 |
| Change (%) | -5.20% | -3.66% | -0.88% | - |
| Change | -9.69 | -6.82 | -1.65 | - |
| Level | Minor | Intermediate | Intermediate | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.72 | 181.01 | 182.50 | 183.79 | 185.28 | 186.57 | 188.06 |
| Camarilla | 183.23 | 183.48 | 183.74 | 183.99 | 184.25 | 184.50 | 184.76 |
| Woodie | 179.82 | 181.06 | 182.60 | 183.84 | 185.38 | 186.62 | 188.16 |
| Fibonacci | 181.01 | 182.07 | 182.73 | 183.79 | 184.85 | 185.51 | 186.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 159.97 | 165.21 | 174.60 | 179.84 | 189.23 | 194.47 | 203.86 |
| Camarilla | 179.97 | 181.31 | 182.65 | 183.99 | 185.33 | 186.67 | 188.01 |
| Woodie | 162.05 | 166.25 | 176.68 | 180.88 | 191.31 | 195.51 | 205.94 |
| Fibonacci | 165.21 | 170.80 | 174.25 | 179.84 | 185.43 | 188.88 | 194.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.26 | 135.39 | 154.60 | 169.73 | 188.94 | 204.07 | 223.28 |
| Camarilla | 164.37 | 167.51 | 170.66 | 173.81 | 176.96 | 180.11 | 183.25 |
| Woodie | 122.30 | 136.41 | 156.64 | 170.75 | 190.98 | 205.09 | 225.32 |
| Fibonacci | 135.39 | 148.51 | 156.61 | 169.73 | 182.85 | 190.95 | 204.07 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.15 | |
| MACD (12,26,9): | 0.9300 | |
| Directional Movement: | 10.39 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 188.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 185.47 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 189.82 | |
| Zig ZAG (10): | 187.41 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 27.48 | |
| TEMA (21): | 188.03 | |
| Williams %R (14): | -86.92 | |
| Chande Momentum Oscillator (20): | -2.69 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.35 |
| MA7: | 178.14 | |
| MA20: | 174.02 | |
| MA50: | 158.76 | |
| MA100: | 147.44 | |
| MAexp7: | 187.38 | |
| MAexp20: | 186.96 | |
| MAexp50: | 184.44 | |
| MAexp100: | 181.17 | |
| Price / MA7: | +4.70% | |
| Price / MA20: | +7.18% | |
| Price / MA50: | +17.48% | |
| Price / MA100: | +26.50% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | +1.12% | |
| Price / MAexp100: | +2.95% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on TAIWAN SEMICONDUCTOR MANUFACTURING CO. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Amazon.com, Super Micro Computer, Taiwan Semiconductor, Microsoft, or Intel?
- Thinking about trading options or stock in Apple, Pfizer, Taiwan Semiconductor, Microsoft, or Novo Nordisk?
- Thinking about trading options or stock in Tesla, Taiwan Semiconductor, Microsoft, Marathon Digital, or Gitlab?
- Thinking about trading options or stock in Taiwan Semiconductor, Microsoft, Tesla, Meta, or Qualcomm?
- Thinking about trading options or stock in Taiwan Semiconductor, Molson Coors Beverage, Arista Networks, Crowdstrike Holdings, or Apple?
This member declared not having a position on this financial instrument or a related financial instrument.
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