TSMY stock forecast, quote, news & analysis
The investment seeks current income; the secondary objective being exposure to the share price of the ADR of Taiwan Semiconductor Manufacturing Co Ltd... Show more
TSMY in upward trend: price rose above 50-day moving average on May 01, 2025
TSMY moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend. In of 7 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for TSMY crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 1 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSMY advanced for three days, in of 47 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 14 cases where TSMY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
TSMY broke above its upper Bollinger Band on June 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.