| TSM latest price $81.7500 (2.14%) ($81.0100 - $82.1650) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 52 |
Latest Price | $81.7500(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) VT(64%) VUG(64%) VWO(61%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.445% in a week (0% probabilities). VIXM(-42%) UUP(-30%) VXX(-16%) EDOC(-1%) TBT(-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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.6% |
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