| TSM latest price $104.8300 (0.53%) ($103.3200 - $104.9600) on Mon. Dec. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 64 |
Latest Price | $104.8300(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) VT(65%) VUG(64%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.02% in a week (0% probabilities). VIXM(-45%) UUP(-30%) VXX(-16%) EDOC(-11%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.02% (StdDev 2.04%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.3% |
| |
|
|