TSM Bounces Off EMAs, Climbs to $459.20
Bullish
Oct 2, 2026 at 12:53 AM
•
$459.20
(+0.66%)
Taiwan Semiconductor Manufacturing Co Ltd (TSM) ticked higher by 0.66% to $459.20 on October 2.
From a technical standpoint, the outlook appears bullish:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($450.64) supports, 21-day ($440.59) below.
Momentum
RSI at 65.6 is in neutral territory but trending higher. MACD reads 9.64 against its 7.40 signal line (bullish).
Volatility
Bollinger Band width at 13.2% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Technical levels: $409.33 support, $467.22 resistance.