| TSM latest price $38.7300 (3.03%) ($38.3800 - $39.0000) on Mon. Dec. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 58 |
Latest Price | $38.7300(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) VWO(67%) VT(66%) VUG(66%) EEM(62%) |
Factors Impacting TSM price | TSM will decline at least -0.925% in a week (0% probabilities). VXX(-17%) TLT(-12%) UUP(-10%) VIXM(-8%) XHB(-6%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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