TSM Weekly Technical Analysis
Taiwan Semiconductor Manufacturing Co
World's largest semiconductor foundry manufacturing advanced chips for major tech firms.
TSM Technical Analysis Summary
TSM remains in a powerful, multi-year structural uptrend, clearly defined by its alignment above rising long-term moving averages. However, the stock is currently undergoing a significant short-term correction to digest a recent near-parabolic advance. With a bearish weekly MACD crossover signaling waning immediate momentum, investors should watch how price interacts with the 20-week SMA around 320, or potentially the deeper structural support in the 260-280 range, before a resumption of the primary trend is likely.
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TSM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp corrective pullback following a steep advance, confirmed by a bearish MACD crossover, expanding negative histogram, and RSI falling rapidly from overbought territory.
Long-term Sentiment (weeks to months): Bullish
The overarching market structure remains strongly positive, with the price maintaining a sequence of higher highs and higher lows, positioned well above steeply rising 50-week and 200-week SMAs.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-03-21T09:03:10.463Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $320.00 | $315.00 - $325.00 | Weak | Immediate support zone near the rising 20-week SMA (currently 321.71). |
| $270.00 | $260.00 - $280.00 | Strong | Major structural support based on prior consolidation zones, aligning closely with the current position of the 50-week SMA and the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $390.00 | $380.00 - $400.00 | Strong | Recent all-time high zone and psychological level where the previous parabolic rally exhausted. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Corrective Pullback (Mean Reversion) | Bearish | N/A | Following an extended move above the upper Bollinger Band, price is aggressively reverting towards the 20-week SMA mean, accompanied by declining momentum indicators. |
Frequently Asked Questions about TSM
What is the current sentiment for TSM?
The short-term sentiment for TSM is currently Bearish because Price is in a sharp corrective pullback following a steep advance, confirmed by a bearish MACD crossover, expanding negative histogram, and RSI falling rapidly from overbought territory.. The long-term trend is classified as Bullish.
What are the key support levels for TSM?
StockDips.AI has identified key support levels for TSM at $320.00 and $270.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is TSM in a significant dip or a Value Dip right now?
TSM has a Value Score of 14/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.