| TSM latest price $99.2700 (6.49%) ($96.3600 - $102.4400) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 69 |
Latest Price | $99.2700(6.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(57%) |
Factors Impacting TSM price | TSM will decline at least -1.095% in a week (0% probabilities). VIXM(-43%) UUP(-30%) VXX(-16%) EDOC(-5%) TBT(-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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3% |
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