| TSM latest price $118.6900 (-2.26%) ($116.9800 - $126.2900) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 82 |
Latest Price | $118.6900(-2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.7% a day on average for past five trading days. |
Weekly Trend | TSM advances 5.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -1.005% 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 | -1.005% (StdDev 2.01%) |
Hourly BBV | -0.2 () |
Intraday Trend | -5.7% |
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