Question 1

What implications does the 10-day RSI indicator have for TSM?

Accepted Answer

The RSI Indicator for TSM moved out of oversold territory on July 31, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In 12 of the 22 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about TSM's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did TSM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 08, 2024. You may want to consider a long position or call options on TSM as a result. In 62 of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for TSM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TSM just turned positive on August 09, 2024. Looking at past instances where TSM's MACD turned positive, the stock continued to rise in 29 of 43 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for TSM?

Accepted Answer

TSM moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for TSM?

Accepted Answer

The 10-day moving average for TSM crossed bearishly below the 50-day moving average on July 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for TSM?

Accepted Answer

Following a +0.86% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSM advanced for three days, in 231 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for TSM's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 9

How does the Aroon Indicator reflect on TSM's trend?

Accepted Answer

The Aroon Indicator for TSM entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

TSM Stock Taiwan Semiconductor Manufacturing (TSM, $162.07) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 6, 2024

TSM's RSI Oscillator climbs out of oversold territory

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