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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Tower Semiconductor Ltd. - Ordinary Shares (NASDAQ:TSEM)
Crossroads (-60) - TSEM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 15th, 2024 at 31.335
The short-term trend has been DOWN since May 1st, 2024 at 32.040
Smart Scan Analysis for TSEM
Based on our trend formula, TSEM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.72 | 33.15 | 31.78 | 32.31 | -0.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.87 | 353357 | 2024-05-01 15:59:47 |
| Year High | 36.08 | Year High Date | 2018-01-08 |
| Year Low | 13.78 | Year Low Date | 2018-11-20 |
| 52wk High | 45.15 | 52wk High Date | 2023-05-02 |
| 52wk Low | 21.45 | 52wk Low Date | 2023-10-20 |
| Year End Close | 7.95 | Average Volume | 447,424 |
| 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 | 7.0537 | Beta | 1.43 |
| Volatility | 86.39 |