| TSM latest price $19.2818 (-3.3%) ($18.7884 - $19.4463) on Fri. Jan. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 29 |
Latest Price | $19.2818(-3.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM declines -4.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VT(66%) VUG(66%) VWO(66%) EEM(63%) |
Factors Impacting TSM price | TSM will decline at least -0.79% in a week (0% probabilities). VIXM(-18%) TLT(-12%) UUP(-10%) SHY(-4%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.79% (StdDev 1.58%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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