Taiwan Semiconductor ManufacturingTSM
Auto-detected technical analysis for TSM · data as of Aug 31, 2026. The chart above is live; the read below updates daily.
TSM is currently forming a falling wedge on the daily timeframe. Detected Aug 31, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $458.81 (+14.5%).
New to this pattern? What a falling wedge is and how to trade it →
TSM's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Oct 2, 2026 near $466.13, then was stopped out at $453.31 on Oct 9, 2026 — a 2.7% move (-1.01R) over 5 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
Every completed pattern trade our nightly backtest found on TSM's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Oct 2, 2026 @ $466.13 | Oct 9, 2026 @ $453.31 | Loss | +7.5% · -1.01R |
| Rising wedge | Oct 2, 2026 @ $466.13 | Oct 15, 2026 @ $412.55 | Loss | +7.5% · -1.00R |
| Rising wedge | Sep 22, 2026 @ $450.59 | Oct 9, 2026 @ $464.21 | Win | +5.4% · +0.63R |
| Triangle | Sep 21, 2026 @ $443.36 | Oct 15, 2026 @ $412.55 | Loss | +18.2% · -1.00R |
| Rising wedge | Sep 14, 2026 @ $416.01 | Sep 21, 2026 @ $444.29 | Loss | +8.0% · -1.00R |
| Triangle | Sep 4, 2026 @ $429.68 | Oct 9, 2026 @ $464.21 | Win | +7.1% · +1.58R |
| Triangle | Aug 27, 2026 @ $428.66 | Sep 2, 2026 @ $413.20 | Loss | +18.7% · -1.06R |
| Triangle | Aug 27, 2026 @ $428.66 | Oct 30, 2026 @ $405.15 | Loss | +18.7% · -1.00R |
| Rising wedge | Jun 30, 2026 @ $476.46 | Jul 17, 2026 @ $392.12 | Loss | +5.7% · -1.47R |
| Rising wedge | Jun 1, 2026 @ $434.66 | Jun 11, 2026 @ $413.26 | Loss | +6.7% · -1.07R |
| Triangle | Jun 1, 2026 @ $436.85 | Jun 11, 2026 @ $413.25 | Loss | +17.4% · -1.07R |
| Rising wedge | May 5, 2026 @ $395.94 | May 6, 2026 @ $407.70 | Loss | +7.1% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is bouncing off a floor near $415.52 and starting to climb. On the weekly chart, the next ceiling overhead sits near $435.71 — about 4% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 31, 2026 | $417.23 | $422.00 | $417.17 | $420.24 |
| Aug 28, 2026 | $427.49 | $429.12 | $417.32 | $417.52 |
| Aug 27, 2026 | $423.02 | $429.64 | $420.53 | $427.30 |
| Aug 26, 2026 | $418.45 | $420.75 | $414.41 | $417.69 |
| Aug 25, 2026 | $414.59 | $419.77 | $414.03 | $417.41 |
| Aug 24, 2026 | $413.87 | $414.34 | $405.15 | $410.12 |
| Aug 21, 2026 | $423.02 | $425.68 | $416.70 | $418.95 |
| Aug 20, 2026 | $408.60 | $417.96 | $407.72 | $416.00 |
| Aug 19, 2026 | $418.13 | $419.60 | $407.88 | $412.09 |
| Aug 18, 2026 | $417.00 | $419.63 | $410.77 | $413.41 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.