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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Tower Semiconductor Ltd. - Ordinary Shares (NASDAQ:TSEM)
Long-Term Uptrend (+90) - TSEM is in a strong uptrend that is likely to continue. While TSEM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TSEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TSEM
The long-term trend has been UP since Dec 14th, 2023 at 30.975
The intermediate-term trend has been UP since May 6th, 2024 at 33.150
The short-term trend has been UP since May 6th, 2024 at 33.150
Smart Scan Analysis for TSEM
Based on our trend formula, TSEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.240 | 34.820 | 34.205 | 34.215 | -0.455 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.250 | 633902 | 2024-05-08 15:59:40 |
| Year High | 36.08 | Year High Date | 2018-01-08 |
| Year Low | 13.78 | Year Low Date | 2018-11-20 |
| 52wk High | 42.75 | 52wk High Date | 2023-05-09 |
| 52wk Low | 21.45 | 52wk Low Date | 2023-10-20 |
| Year End Close | 7.95 | Average Volume | 428,599 |
| Shares Outstanding | 107,924 | Short Interest | 145,373 |
| % Institutional | 21.9 | Market Cap | 2,139M |
| Assets | 291,851,700M | Liabilities | 486,018,000M |
| P/E Ratio | 7.4399 | Beta | 1.43 |
| Volatility | 86.39 |