| TSM latest price $28.1759 (3.53%) ($28.1194 - $28.3548) on Mon. Sep. 19, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 62 |
Latest Price | $28.1759(3.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.6% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.3% 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 -0.7% in a week (0% probabilities). VIXM(-15%) TLT(-11%) UUP(-10%) SHY(-4%) BOTZ(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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