| TSM latest price $47.0600 (-2.22%) ($46.7800 - $48.1500) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 57 |
Latest Price | $47.0600(-2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(64%) VUG(63%) VT(62%) VWO(62%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.86% in a week (0% probabilities). VIXM(-40%) UUP(-29%) VXX(-18%) IGOV(-4%) TLT(-2%) |
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 | -1.86% (StdDev 3.72%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.5% |
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