Large Inflow of Money Detected in Taiwan Semiconductor Manufacturing Company Ltd.

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : The money flow analysis of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) indicates a $6.15 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $8.23 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.34 and so was the total money flow at $2.08 million. The bulls lapped up $2.08 million worth of block trades on upticks. The money flow was $2.08 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Taiwan Semiconductor Manufacturing Company Ltd. (TSM), pushing it down by -0.37% for the day. The stock slid $0.11 and traded at $28.6 during the day. Nonetheless, the stock is -0.16% over the previous weeks close.


Also, JP Morgan downgrades its view on Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. The rating by the firm was issued on July 12, 2016.

Taiwan Semiconductor Manufacturing Company Limited is up 17.6% in the last 3-month period. Year-to-Date the stock performance stands at 30.52%.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): The stock opened at $28.59 on Tuesday but the bulls could not build on the opening and the stock topped out at $28.69 for the day. The stock traded down to $28.53 during the day, due to lack of any buying support eventually closed down at $28.62 with a loss of -0.28% for the day. The stock had closed at $28.70 on the previous day. The total traded volume was 5,001,825 shares.

Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors. It also offers design, mask making, bumping, probing, and assembly and testing services. TSMC operates one 150-millimeter wafer fab, six 200-millimeter wafer fabs and three 300-millimeter wafer fabs. The Company manufactures different types of semiconductors with different specific functions. The Companys semiconductor types include logic semiconductors, mixed-signal/RF semiconductors and CMOS image sensor semiconductors.

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