Taiwan Semiconductor Manufacturing Company Ltd.s in-depth data and chart pattern analysis indicates that the stock price has rallied 10.6% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 11.65% . Looking at the past 52 week period, the stock price is up at 34.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Taiwan Semiconductor Manufacturing Company Ltd. has a positive value of 9.73 compared to overall market.
Taiwan Semiconductor Manufacturing Company Limited stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 5.33%.The 200 Day SMA reached 11.5%Taiwan Semiconductor Manufacturing Company Limited is having a Relative Strength Index of 61.36 which indicates the stock is not yet over sold or over bought based on the technical indicators.Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has tumbled 1.3% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.14% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.97%. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has underperformed the index by 0.99% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) : On Friday heightened volatility was witnessed in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) which led to swings in the share price. The stock opened for trading at $31.61 and hit $31.92 on the upside , eventually ending the session at $31.92, with a gain of 0.54% or 0.17 points. The heightened volatility saw the trading volume jump to 3,687,442 shares. The 52-week high of the share price is $32.49 and the company has a market cap of $165,537 million. The 52-week low of the share price is at $22.75 .
Currently the company Insiders own 1.11% of Taiwan Semiconductor Manufacturing Company Ltd. shares according to the proxy statements. Institutional Investors own 19.37% of Taiwan Semiconductor Manufacturing Company Ltd. shares. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) Last issued its quarterly earnings results on Jan 12, 2017. The company reported $3.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $3.72. The company had revenue of $262230.00 million for the quarter, compared to analysts expectations of $258259.05 million. The companys revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 EPS.
Taiwan Semiconductor Manufacturer Co is the worlds largest dedicated integrated circuit foundry. As a foundry, the Company manufactures ICs for its customers based on their proprietary IC designs using its advanced production processes. TSMCs goal is to establish itself as one of the worlds leading semiconductor companies by building upon the strengths that have made it the leading IC foundry in the world.