Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Shares are Up 1.12%

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Traders are bullish on Taiwan Semiconductor Manufacturing Company Ltd. (TSM) as it has outperformed the S&P 500 by a wide margin of 3.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.58%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.12% in the last 1 week, and is up 0.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.13% and the 50-Day Moving Average is 1.85%.The 200 Day SMA reached 17.92% Taiwan Semiconductor Manufacturing Company Limited is up 16.04% in the last 3-month period. Year-to-Date the stock performance stands at 31.85%.


Company shares have received an average consensus rating of Hold for the current week Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): stock was range-bound between the intraday low of $28.77 and the intraday high of $29.22 after having opened at $29.13 on Fridays session. The stock finally closed in the red at $29.13, a loss of -0.93%. The stock remained in the red for the whole trading day. The total traded volume was 7,329,268 shares. The stock failed to cross $29.22 in Fridays trading. The stocks closing price on Thursday was $28.91.

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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