[Music] is it time to buy or sell Taiwan semiconductor stock in this video we will explore Taiwan Semiconductor in depth our initial report was published on our website on Wednesday the 28th of August 2024 and now we are here to provide you with a more detailed analysis remember to subscribe hit the like button and turn on the notification Bell to stay updated on our latest analyses you certainly do not want to miss any crucial updates that could affect your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us Leverage The Power of AI and receive free Price predictions and indepth Analysis for anyone among 25,000 companies worldwide today please note that this video is for informational purposes only and should not be considered Financial advice since the 27th of August in the year 2024 our system has ranked Taiwan semiconductor as a buy candidate giving it a score of 2.67 let's examine the Stock's performance during this period unfortunately the stock has not performed as expected showing a loss of 0.79% so so far this results in an average loss of 0.40% per day since it was designated as a buy candidate the stock is currently fluctuating within a broad and horizontal Trend indicating that further movements within this range can be anticipated analyzing the three-month Trend we can expect a potential change of approximately 0.51% over the next 3 months with possible returns ranging from 11.96% to positive 13.81% looking at the 12month trend it suggests a significant change of. 38% over the next year with potential returns between 8347 and 14325 per. this would result in a price range of between $310 43 to $411 .58 after 1 year our latest daily update for Taiwan semiconductor includes the headline red day on Wednesday for Taiwan semiconductor stock after losing 0.792 per. the Taiwan semiconductor stock price fell by 0.792 on the last day which was Wednesday the 28th of August 2024 the stock dropped from $170 55 to $169.2 during the last trading day the stock fluctuated 3.77% with a low of $166.2 and a high of $172 47 the price has been quite volatile during this period resulting in a loss of 0.45% over the last two weeks the trading volume increased on the last day by 2 million shares despite the declining prices this may serve as an early warning with a slight increase in Risk anticipated over the next few days in total 10 million shares were traded amounting to approximately $11.72 billion over the past 52 weeks the highest price of the stock was $193 47 while the lowest price was $842 currently the prices is 12.54% or $24.27 below the 52- we high of $193 47 which also marks the all-time high for the stock investors are keenly observing Taiwan semiconductor Manufacturing Company commonly referred to as tsmc as recent developments underscore its potential for growth as of the 28th of August 2024 TSM has received an upgrade upgade to a Zach's rank number one signaling strong buy sentiment due to optimism surrounding its earnings Outlook this upgrade May positively influence the stock price in the short term attracting more investors eager to benefit from anticipated profitability moreover tsmc is emerging as a formidable player in the artificial intelligence sector with reports indicating that it could rival Nvidia in terms of valuation the company is set to launch a new chip platform tailored for the industry with projections of Revenue growth between 15 and 20% in the upcoming years this optimistic perspective enhances tsmc's attractiveness to technology investors and may Foster long-term value appreciation additionally TSM provides consistent dividends appealing to investors in search of passive income streams these dividends not only offer immediate returns but also contribute to the stocks stability during Market fluctuations despite recent minor setbacks such as a slight dip of 1.29% in stock price relative to the broader Market the overall sentiment remains robust as TSM advances its technological capabilities and continues to innovate the stock could experience both short-term rallies and sustained long-term growth this combination of short-term upgrades alongside long-term growth projections renders tsmc an intriguing investment opportunity in the current market landscape analyst ratings on Friday the 19th of July 2024 it was reported that NM assigned TSM a buy grade accompanied by a hold action on Thursday the 11th of July 20024 Susana gave TSM a positive grade along with a hold action on Thursday the 20th of June 2024 susanah also rated TSM with a buy grade and a hold action on the same day the 20th of June 2024 Needum rated TSM with an underperform grade and a hold action additionally on the 20th of June 2024 Bernstein rated TSM with an outperform grade and a hold action analysts have assigned Taiwan semiconductor stock a general neutral rating they assess the price to earnings ratio as a strong sell and the price to book ratio also as strong sell in terms of return on investment analysts have rated the stock as a strong buy the following signals have been identified for Taiwan semiconductor the stock of Taiwan semiconductor currently shows a sell signal from the short-term moving average however there is a contrasting Buy Signal from the long-term moving average since the shortterm average is positioned above the long-term average this creates a general Buy Signal for the stock suggesting a positive outlook if the stock experiences further gains it will encounter resistance from the short-term moving average at around $170 conversely if the stock declines it will find support from the long-term average at approximately $167 187 a breakout above the short-term average will trigger a Buy Signal while a drop below the long-term average will indicate a sell signal addition Al there is a Buy Signal indicated by the 3month moving average convergence Divergence or macd some negative signals have also been observed which could impact short-term performance a cell signal was generated from a pivot top point on Monday August 19th 2024 further declines are anticipated until a new bottom pivot is established notably trading volume increased alongside falling prices yesterday which may serve as an early warning suggesting that the stock should be monitored more closely here are some other signals you might find interesting moving average convergence Divergence indicates a Buy Signal pivots showed a sell signal 8 days ago Binger reported a Buy Signal 25 days ago the short-term moving average indicated a sell signal 8 days ago the long-term moving average also indicated a cell signal 6 days ago the Rel relationship between the short and long moving averages suggested a Buy Signal 9 days ago if we examine the 12-month chart we observe the short moving average indicated a Buy Signal 15 days ago the long-term moving average showed a Buy Signal 18 days ago the relationship between the short and long moving averages indicated a Buy Signal 192 days ago remember to visit our page at stockinvest.us if you want to discover more signals support risk and stoploss for Taiwan semiconductor on the downside the stock finds support just below today's level from accumulated volume at 16028 and 149. 86 there is an inherent risk involved when a stock is testing a support level as breaking this level may lead to a decline toward the next support point in this scenario Taiwan semiconductor finds support just below today's level at 16028 if this level is breached the next support from accumulated volume will be at 149.6 and 14795 this stock experiences average movements throughout the day and with healthy trading volume the risk is deemed to be medium over the last day the stock fluctuated by 6.27 between its high and low translating to 3.77% during the past week the stock has shown daily average volatility of 3.32% before we dive into the potential trading levels for Taiwan semiconductor let's quickly cover some essential fundamental data first we have the price to earnings ratio commonly referred to as the PE Ratio this important ratio measures a company's current share price in relation to its earnings per share this is a relatively standard PE ratio often observed in businesses with long histories or predictable revenue streams in other news the next earnings report for the third quarter of 2024 is anticipated on the 17th of October 2024 analysts consensus estimates stand at $1.72 it is important to monitor these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for Taiwan Semiconductor in case of an upward Trend the first resistance level for Taiwan semiconductor is at $171 120 if you do not own any shares you may want to wait for this level to be breached before entering a position for those already holding the stock this could be a level to consider for swing trading on the downside Taiwan semiconductor encounters its first support level at $1 16028 if this support level holds it could be a good entry point anticipating a rebound our recommended stop loss is set at $846 which represents a decrease of 5% unable to calculate is Taiwan semiconductor stock a good buy several short-term indicators are showing positive trends suggesting that the current price may present a buying opportunity there is a reasonable chance that Taiwan semiconductor stock will perform well in the near future after analyzing the volatility and movements from the last trading day our analysis indicates that the current price is undervalued for trading on Thursday the 29th of August we anticipate that Taiwan semiconductor will open at approximately 8 cents above the previous close starting Trading at6 $929 we want to remind you that trading carries a significant risk of losing money it is advisable to consult a financial adviser before making any decisions regarding the purchase or sale of Securities you should not rely solely on the information from stockinvest.us when making your investment choices by using this information you accept responsibility for your own investment decision this is our current view of the stock do you agree or disagree we invite you to comment below and share your thoughts what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a beautiful day with warm regards from all of us here at stock invest