| TSM latest price $123.0000 (0.33%) ($121.6800 - $125.4200) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 84 |
Latest Price | $123.0000(0.33%) |
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 7.3% 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(65%) VWO(61%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.01% 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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.6% |
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