| TSM latest price $64.7800 (3.5%) ($62.8900 - $64.9660) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 78 |
Latest Price | $64.7800(3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.7% a day on average for past five trading days. |
Weekly Trend | TSM advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(60%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.115% in a week (0% probabilities). VIXM(-40%) UUP(-31%) VXX(-16%) XLC(-2%) TLT(0%) |
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 | -1.115% (StdDev 2.23%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.9% |
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