| TSM latest price $111.7000 (2.44%) ($110.4450 - $114.1000) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 74 |
Latest Price | $111.7000(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VT(65%) VUG(65%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.015% 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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1 () |
Intraday Trend | 0.2% |
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