Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Sees Large Outflow of Money

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : The total negative money flow of $16.9 million on Thursday indicates selling on strength. The inflow of money on upticks was $31.32 million, compared to $48.22 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.65. The negative money flow of $17.01 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $2.56 million in a block trade.The transaction value of block trade on downtick was $19.57 million. The uptick to downtick ratio was 0.13. The price action in the Taiwan Semiconductor Manufacturing Company Ltd. (TSM) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $27.11 with a gain of $0.22 , a change of 0.82% over the previous days close. The stock registered 1.42% for the week.


The stock has recorded a 20-day Moving Average of 4.84% and the 50-Day Moving Average is 10.95%. Shares have rallied 19.30% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $27.37 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $25.76 and the 200 Day Moving Average price is recorded at $24.26.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.00 and $26.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.11, notching a gain of 0.82% for the day. The total traded volume was 12,145,058 . The stock had closed at $26.89 on the previous day.

Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors. It also offers design, mask making, bumping, probing, and assembly and testing services. TSMC operates one 150-millimeter wafer fab, six 200-millimeter wafer fabs and three 300-millimeter wafer fabs. The Company manufactures different types of semiconductors with different specific functions. The Companys semiconductor types include logic semiconductors, mixed-signal/RF semiconductors and CMOS image sensor semiconductors.

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