TSM

The S&P 500 ($771.10) is above its 10-day average ($768.04), so the market-trend check passes for every stock today, TSM included. It flips market-wide if the index closes below $768.04.

0.4% market move from failing

TSM has dipped to its 21-day average ($418.28) within the last 3 sessions, so the pullback check passes — the entry sits near support rather than stretched above it. It flips once price goes more than 3 sessions without revisiting that average.

TSM closed at $427.30, 1.9% above its 9-day average ($419.28) — short-term momentum is holding, so this check passes. It flips on a close below $419.28.

1.9% price move from failing (a close below $419.28)

TSM has 0 consecutive up-closes into today — under the limit of 2, so it isn't overextended and this check passes. It flips after a second straight green close.

2 up days from failing

TSM has outpaced the S&P 500 by 2.0 percentage points over the last 20 sessions, so the relative-strength check passes. It flips if TSM starts lagging the index over that window.

2.0% from failing

A stop under the recent swing low ($405.14) sits 5.2% below TSM's price — inside the 2–8% band, so the risk check passes. It flips if that distance drops under 2% or widens past 8%.

2.8% from failing

The stop sits 2.1× the average daily range (ATR) from price, clearing the 1-ATR minimum, so this check passes — the stop isn't buried inside normal noise. It flips if that room tightens inside 1× ATR.

1.1× a daily range from failing