| TSM latest price $50.1300 (-0.52%) ($50.0730 - $51.1300) on Wed. Oct. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 72 |
Latest Price | $50.1300(-0.52%) |
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 3.6% 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%) VWO(67%) VT(66%) VUG(66%) EEM(61%) |
Factors Impacting TSM price | TSM will decline at least -0.815% in a week (0% probabilities). VIXM(-48%) VXX(-22%) UUP(-19%) TLT(-10%) IGOV(-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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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