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Is TSM building bullish momentum? New 52 Week Closing High shows up after rising 1.2%

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) — SwingTradeBot Technical Analysis Report · Jun 22, 2026, 20:03 ET
On Monday, June 22nd, TSM moved up 1.2% while volume was to 1.0× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Stochastic Reached Overbought — suggesting potential strength ahead. Key support levels exist at 463.12, 458.58 & 451.98, with resistance at 474.26, 480.86 & 485.4. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of TSM: A

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Taiwan Semiconductor Manufacturing Company Ltd. (TSM)