| TSM latest price $59.1000 (-0.22%) ($58.7150 - $59.6400) on Wed. Dec. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 76 |
Latest Price | $59.1000(-0.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.1% a day on average for past five trading days. |
Weekly Trend | TSM advances 5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VUG(67%) VWO(67%) VT(66%) XLY(62%) |
Factors Impacting TSM price | TSM will decline at least -0.64% 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 | -0.64% (StdDev 1.28%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.7% |
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