| TSM latest price $105.9700 (2.13%) ($104.5900 - $106.3400) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 59 |
Latest Price | $105.9700(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.1% 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%) VT(65%) VUG(64%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.005% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | -2.4 () |
Intraday Trend | 1.2% |
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