| TSM latest price $108.9000 (3.16%) ($107.4000 - $109.7000) on Wed. Dec. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 67 |
Latest Price | $108.9000(3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(68%) VT(65%) VUG(64%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.025% in a week (0% probabilities). VIXM(-45%) UUP(-30%) VXX(-16%) TBT(-1%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 1 () |
Intraday Trend | 1.1% |
| |
|
|