# TSM Intraday Execution Update

- Analysis As-Of: `2026-04-15T22:22:56.954664+09:00`
- Market Data As-Of: `2026-04-15T15:00:00-04:00`
- Execution As-Of: `2026-04-16T04:04:28.387479+09:00`
- Decision State: **DEGRADED**
- Decision Now: **NONE**
- Decision If Triggered: **NONE**
- Staleness: `268s`
- Data Health: `STALE`

## Explanation

- TSM remains `constructive` / `BULLISH` with `setup_quality` `DEVELOPING` and `entry_action` `WAIT`; confidence stays `0.7`, and the broader thesis is still supported by price above `10일 EMA 359.54`, `50일 SMA 351.56`, and `200일 SMA 294.12`.
- The latest intraday snapshot shows `last_price` `376.0` versus `session_vwap` `377.6767826430634`, with `day_high` `381.9800109863281`, `day_low` `372.2099914550781`, `intraday_volume` `10535751`, and `relative_volume` `0.9768973835905356`; `breakout_hit_intraday` is `false` and `close_confirmation_pending` is `false`.
- The execution state is `DEGRADED` with `decision_now` `NONE` because of `stale_market_data` (`staleness_seconds` `268`, `data_health` `STALE`); the setup still waits for a close above `378.90` with volume confirmation toward `384.67-386.64`.