| TSM latest price $88.1500 (-0.51%) ($87.1900 - $89.4900) on Thu. Oct. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 74 |
Latest Price | $88.1500(-0.51%) |
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 5.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) VT(64%) VUG(64%) VWO(60%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.51% in a week (0% probabilities). VIXM(-43%) UUP(-30%) VXX(-16%) EDOC(-4%) DRIV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0.7% |
| |
|
|