| TSM latest price $121.4300 (5.03%) ($117.5900 - $122.9400) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 84 |
Latest Price | $121.4300(5.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(65%) VWO(61%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -0.99% 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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.8% |
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