Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) 14-day RSI (relative strength index) score is 44.65, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 32.7 percent, which is high when compared to that of the 50-day’s 32.3 percent. The first technical resistance point for the stock will likely come at $37.28, marking a 1.13% premium to the current level. The second resistance point is at $37.69, about 2.2% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $35.19, the lower end of the range. TSM’s 14-day MACD is 0.58 and this positive figure indicates an upward trading trend.
Taiwan Semiconductor Manufacturing Company Limited (TSM) trade volume has increased by 29.39% as around 12,031,755 shares were sold when compared with its 50-day average volume of traded shares which is 9,298,710. At the moment, TSM is witnessing a downtrend, as it is trading -1.65% below its 20-day SMA, -5.69% below its 50-day SMA, and -9% below its 200-day SMA. The company runs an ROE of roughly 22.6%, with financial analysts predicting that their earnings per share growth will be around 15% per annum for the next five year. This will be compared to the 16.6% increase witnessed over the past five years.
The last few days have been rough for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), as its price has decreased by -3.03% during the week. It has also performed poorly over the past three months, as it lost around -16.32% while it has so far retreated around -5.97% during the course of a year. The price of the stock went down by -$0.58 now trading at $36.86. Their shares witnessed a 4.66% increase from the 52-week low price of $35.22 they recorded on 2018-11-20. Even though it is still -26.34% behind the $46.57 high touched on 2018-01-23. The stock of TSM recorded -7.04% downtrend from the beginning of this year till date. The 12-month potential price target for Taiwan Semiconductor Manufacturing Company Limited is set at $46.26. This target means that the stock has an upside potential to increase by 25.5% from the current trading price.
When giving their opinion, around 66.67% of Wall Street analysts, which represents 2 out of 3 rated the stock as a Buy. 1 brokerage firms of the remaining 33.33% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate TSM shares held by institutional investors represents 19.9% of total shares. 115 institutions entered new Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) positions, 356 added to their existing positions in these shares, 335 lowered their positions, and 53 exited their positions entirely.
The shares of American Express Company (NYSE:AXP) has increased by 0.57%, and now trading at $108.25 on the Wall Street in the intra-day deal, with their shares traded now around 7,447,919. This is a rise of 3,735,969 shares over the average 3,711,950 shares that were traded daily over the last three months. The stock that is trading at $108.25 went higher by 23.66% from its 52-week low of $87.54 that it attained back on 2018-02-09. The stock recorded a 52-week high of $114.55 nearly 4 days ago on 2018-12-03.
AXP stock has performed well over the past 30 days, as it added 2.89% while its price climbed by 9% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.11% over the last week. The stock’s 12-month potential target price is now at $116.58. This means that the stock price might likely increase by 7.7% from its current trading price.15 out of 31 Wall Street analysts which represents 48.39% rated the stock as a buy while the remaining 45.16 rated it as a hold, with 6.45 of analysts rating it as a sell.
American Express Company (NYSE:AXP) has been utilizing an ROE that is roughly 18%, with stock analysts predicting that the company’s EPS for the next five years will go up by 12.5% per year, following the 8.7% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.37% below its 20-day SMA, 1.7% above its 50-day SMA, and 6.59% above its 200-day SMA. In percentage terms, the aggregate American Express Company shares held by institutional investors is 84.8%. 103 institutions jumped in to acquire American Express Company (AXP) fresh stake, 535 added to their current holdings in these shares, 666 lowered their positions, and 73 left no stake in the company.
The stock’s 9-day MACD is -0.61 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 47.38, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 30 percent, which is more when compared to that of the 50-day’s 25.04 percent. On the daily chart, we see that the stock could reach the first level of resistance at $109.5, sporting a 1.14% premium to the current level. The next resistance point is at $110.75, representing nearly 2.26% premium to the current market price of American Express Company (AXP). On the other hand, failure to breach the immediate hurdles can drag it down to $103.53, the lower end of the range.