TSmI short term and long-term price predictions

TSMC's short-term and long-term price predictions suggest a positive outlook.

1. Short-Term Analysis:
   • Current Price Target: The average price target for TSMC (TSMC) is $230, which is higher than the last closing price of $192.95. This indicates a potential for price appreciation.
   • Moving Averages: Although moving averages are not currently available, the 120-Day Moving Average ($120.71), 200-Day Moving Average ($177.03), and 250-Day Moving Average ($194.76) suggest a long-term upward trend. This could indicate that the price may move towards these averages in the short term.
   • Investor Sentiment: About 56% of investors are looking to short Taiwan Semiconductor, but 59% are looking to take a long position. This mixed sentiment could lead to some volatility, but the overall positive outlook among investors may support the price.

2. Long-Term Analysis:
   • Fibonacci Retracement: The 0.618 Fibonacci Retracement over the past year is not available, which makes it difficult to determine the exact support level. However, since this is a long-term indicator, it may not significantly impact short-term price movements.
   • Market Position and Growth: TSMC is the world's largest dedicated contract chip manufacturer with a 60% market share. Its strong market position and role in the AI economy suggest a resilient long-term earnings growth outlook.
   • Analyst Forecasts: Wall Street analysts have a high median price target for TSMC at $236 per share over the next 12 months, which is significantly higher than the current price. This suggests that analysts expect the stock to appreciate in value over the long term.

In conclusion, while short-term price movements may be influenced by various factors including investor sentiment and geopolitical tensions, the long-term outlook for TSMC appears positive based on its market position, growth prospects, and analyst forecasts.