| TSM latest price $85.8500 (6.65%) ($81.3800 - $86.7900) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 62 |
Latest Price | $85.8500(6.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) VUG(65%) VT(64%) VWO(61%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.495% in a week (0% probabilities). VIXM(-43%) UUP(-30%) VXX(-16%) EDOC(-2%) DRIV(-1%) |
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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.3% |
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