| TSM latest price $130.6400 (-0.5%) ($130.1000 - $136.1300) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 82 |
Latest Price | $130.6400(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.2% 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 | Broad based rally for large cap. Growth stock 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(62%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.12% in a week (0% probabilities). VIXM(-45%) UUP(-31%) VXX(-16%) TBT(-2%) 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0.4 () |
Intraday Trend | -3.3% |
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