TSM chart analysis today

TSM broke down from a rising wedge this bar on light volume after the weekly uptrend broke. Above $414.97 the break has failed.

Taiwan Semiconductor · daily · last close $414.00 · read computed from candles through 2026-09-01. No AI, no signal, no target.

TSM · Dailydaily
$300.58$348.49$396.40$444.31$492.22avg29046380145231900VolumeResistance $450.16 · 6 touchesSupport $395.40 · breaks supportPOLERISING WEDGEBroke out $414.97Breaks above $414.97Weekly resistance $433.39

The two prices that decide it

Above
$414.97 · the breakout
Below
$395.40 · support
Formation state
Broke below $414.97 this bar on light volume. No retest yet.
Trend
no clear directional structure — highs and lows are mixed
Agreement
Structure 3 of 4 (high) · indicators 1 of 3 (low)

Levels and what happened there

  • Resistance $450.16
  • Resistance $477.89
  • Support $395.40
  • Support $373.51
  • The last six times price reached $450.16 it held every time, bouncing 9.8% on average.
  • The last two times price reached $477.89 it held once, bouncing 14%.
  • The last six times price reached $395.40 it held every time, bouncing 10.0% on average.
  • The last five times price reached $373.51 it held 4 times, bouncing 8.6% on average, and broke through once.
  • Bigger picture Weekly uptrend broken, daily flat. weekly — the uptrend broke, nearest resistance $433.39, descending triangle at $392.55. Warning: the weekly uptrend broke 8 weeks ago, so the bigger chart is no longer backing a rise.
  • 52 weeks 14% below its 52-week high of $479.00 and 84% above its 52-week low of $225.63.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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