| TSM latest price $23.2661 (0.63%) ($23.1839 - $23.3758) on Fri. Apr. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 49 |
Latest Price | $23.2661(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.2% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VUG(66%) VWO(66%) VT(65%) EEM(62%) |
Factors Impacting TSM price | TSM will decline at least -0.78% in a week (0% probabilities). VIXM(-17%) TLT(-11%) UUP(-10%) IPO(-6%) SHY(-4%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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