
Technical analysis of Taiwan Semiconductor Manufacturing Company Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Taiwan Semiconductor Manufacturing Company Limited is a Taiwanese company founded in 1987 that manufactures, packages, tests, and sells integrated circuits and semiconductor devices. The company provides various wafer fabrication processes and customer engineering support services, operating in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. Its products are used in high performance computing, smartphones, Internet of Things, automotive, and digital consumer electronics.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
449.02 $
−3.82%
50 sessions
434.15 $
−0.52%
200 sessions
395.12 $
+9.31%
s2
411.04
Support
s1
418.06
Support
pivot
423.14
Pivot
r1
430.16
Resistance
r2
435.23
Resistance
In the October 21, 2026 session Taiwan Semiconductor Manufacturing Company Limited closed higher at 431.89 $, +1.60% versus the previous session.
The price sits mixed against its moving averages: −3.82% against the 21-session average, −0.52% against the 50 and +9.31% against the 200.
The 14-period RSI reads 46.0, in neutral territory.
MACD stands at -3.630 against a signal line at 1.406: the histogram is negative (−5.036).
ADX reads 21.4, indicating weak directionality.
Levels computed on the latest session place supports at 418.06 and 411.04 $ and resistances at 430.16 and 435.23 $, around a pivot of 423.14.
The average daily range (ATR) is 12.339 $, or 2.86% of price.
Turnover was 10.6M shares, 98% of the 20-session average.
Over the last twelve months the price ranged between 372.53 and 487.47 $, and today stands −11.40% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the TSM analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Taiwan Semiconductor Manufacturing Company Limited analysed technically?
Technical analysis of Taiwan Semiconductor Manufacturing Company Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Taiwan Semiconductor Manufacturing Company Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Taiwan Semiconductor Manufacturing Company Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Taiwan Semiconductor Manufacturing Company Limited it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.