TSMC Triggers Death Cross As Trump Tariff Threats Add To Investor Concerns

Taiwan Semiconductor TSM has just triggered a technical Death Cross — and it's not the only signal weighing on investor sentiment. Chart created using Benzinga ProTechnical Warning signs Pile Up For TSM StockTechnically, things look bleak. With shares down 25% year to date and 11% in the past month, TSM stock has sunk below its eight, 20, and 50-day simple moving averages—a textbook sign of a strongly bearish trend. Even the 200-day simple moving average, at $184.40, sits far above TSM stock, at$150.69, of ...