# TSM Intraday Execution Update

- Analysis As-Of: `2026-04-17T02:27:58.875826+09:00`
- Market Data As-Of: `2026-04-16T15:15:00-04:00`
- Execution As-Of: `2026-04-17T04:19:35.364081+09:00`
- Decision State: **DEGRADED**
- Decision Now: **NONE**
- Decision If Triggered: **NONE**
- Staleness: `275s`
- Data Health: `STALE`

## Explanation

- TSM stays **constructive** with **BULLISH** stance, **watch_only** / **WAIT**, and **setup_quality** **DEVELOPING** at **confidence 0.74**; the thesis still leans on Q1 2026 earnings up **58%**, revenue near **NT$1.13조** / **US$35.6 billion**, March sales up **45.2%**, 3nm/5nm utilization, and about **69.9%** foundry share.
- The execution update is **DEGRADED** because market data is **STALE** (**staleness_seconds 275**, **refresh_checkpoint 03:35**), so **decision_now NONE** and **decision_if_triggered NONE** remain unchanged.
- Intraday price sits at **362.2900085449219** with **relative_volume 1.9086208695523772**, below **session_vwap 365.91795763136605**, after a **370.20001220703125** high and **360.54998779296875** low; key triggers remain **382.16** for confirmation, **362-365** for support, and **352** / **345-348** for risk.