TSM / 7D low update
Aug 18, 10:05
TSM Records New 7‑Day Low – Market Structure Update
TSM posted a new 7‑day low at 419.04, edging below the prior 7‑day trough of 419.29. The move is modest, leaving the stock still about 12% above its 30‑day level, suggesting a potential reclaim rather than a continuation of downside.
Old 7D low
419.29
New 7D low
419.04
Move
0.06%
30D / YTD
368.45 / 311.19
What changed
- Old 7‑day low: 419.29 → New 7‑day low: 419.04 (down 0.06%).
- Price remains ~12% above the 30‑day level of 368.45, keeping the broader bullish structure intact.
- The slight breach suggests a possible reclaim of prior support rather than a continuation of downside pressure.