TradingKey – At press time, the TSMC stock price (NYSE: TSM) is trading around $426.62, a position that places it above the trendline, 100-period EMA at $422.87 and demand at $418.95. The stock is down 2% in the last week, following an approximate 10% pullback from the high of $474.71, even as shares are 52% higher in 2026 YTD.

TSMC is scheduled to release Q2 full earnings results at 2:00 PM Taiwan time on Thursday, July 16. As a reminder, June 2026 revenue was NT$442.68 billion, up 67.9% from June 2025 while H1 2026 revenue totaled NT$2,404.48 billion, up 35.6% year-over-year. Analysts currently expect Q2 to come in at $39.5 to $40.2 billion with EPS of $3.83 (up 55% YoY). The RSI at 44 is neutral with room to run up on a close above…