| TSM latest price $26.6697 (1.69%) ($26.3214 - $26.7450) on Tue. Jul. 26, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 78 |
Latest Price | $26.6697(1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally 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 -0.71% in a week (0% probabilities). VIXM(-16%) TLT(-11%) UUP(-10%) IPO(-7%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|