| TSM latest price $51.3700 (-2.32%) ($50.5200 - $51.8100) on Tue. Apr. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 60 |
Latest Price | $51.3700(-2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 4.2% 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%) VT(62%) VUG(62%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.965% in a week (0% probabilities). VIXM(-41%) UUP(-31%) VXX(-17%) IGOV(-3%) 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 | -1.965% (StdDev 3.93%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.4% |
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