| TSM latest price $109.0400 (0.13%) ($108.4380 - $109.6700) on Thu. Dec. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 68 |
Latest Price | $109.0400(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.6% |
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