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TSM

monthly
Daily Weekly Monthly
PARABOLIC
Support
$330
Resistance
$410
TSM Taiwan Semiconductor Manufacturing Co. Ltd. ADR monthly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of April 30, 2026
TSM Monthly chart 2026-04-30 20:41:59 UTC
AI-generated analysis — not financial advice. For educational purposes only.

TSM Monthly Technical Analysis Summary

As of April 30, 2026, TSM (Taiwan Semiconductor Manufacturing Co. Ltd. ADR) is in a parabolic state on the monthly chart, with a confidence level of 72%. Key support is at $330 and key resistance at $410. Monthly impulse continuation to new HH; last two candles show strong push back toward highs after a brief pullback; RSI stretched (~77).

Price Scenarios & Targets

bullish

Bullish continuation (likely wave-5 extension): price consolidates briefly then grinds higher; any dip holds above prior breakout area and EMA20 (~$265).

Price Target
$450
Path to target
First move
$410
Pullback
$360
Final target
$450

bearish

Parabolic mean-reversion / wave-4 style correction: rejection near highs leads to a deeper pullback toward the prior breakout and mid-MA cluster before trend resumes.

Price Target
$265
Path to target
First move
$330
Pullback
$375
Final target
$265

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Monthly close above $400 with follow-through holding above $375

✗ Invalidation

Monthly close below $330 (break of the most recent swing low support zone)

Position Entry & Exit Levels

⊕ Add

Start $330 – $360
Add $265 – $300
Heavy $190 – $220

Buy-the-dip zones align with prior breakout/structure ($330–$360), then EMA20 area ($265–$300); heavy add only near EMA50 pink (~$192) if a larger wave-4 reset occurs.

⊖ Derisk

Trim 1 $410 – $450
Trim 2 $450 – $520
Close $520 – $650

Trim into strength while RSI is stretched and price is far above EMA50/100; higher bands reflect plausible Fibonacci extension regions after a wave-5 extension.

Frequently Asked Questions

What is the monthly technical outlook for TSM today?

As of April 30, 2026, TSM (Taiwan Semiconductor Manufacturing Co. Ltd. ADR) is in a parabolic state on the monthly chart with 72% confidence. Monthly impulse continuation to new HH; last two candles show strong push back toward highs after a brief pullback; RSI stretched (~77).

What are the monthly support and resistance levels for TSM?

On the monthly timeframe, TSM has key support at $330 and key resistance at $410. The most likely scenario (bullish) targets $410 and $450, with a revert level at $360.

Is TSM in an uptrend or downtrend?

TSM (Taiwan Semiconductor Manufacturing Co. Ltd. ADR) is currently classified as parabolic on the monthly chart, with 72% confidence. Confirmation requires: Monthly close above $400 with follow-through holding above $375 This would be invalidated by: Monthly close below $330 (break of the most recent swing low support zone)

What are the price targets for TSM?

The most likely scenario (bullish) targets $410 and $450, with a revert level at $360. The alternative scenario (bearish) targets $330 and $265.

Other Timeframes for TSM
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