| TSM latest price $129.1400 (-3.74%) ($128.8100 - $131.2500) on Fri. Jan. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 74 |
Latest Price | $129.1400(-3.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM advances 6.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(66%) VUG(65%) VWO(62%) XLY(58%) |
Factors Impacting TSM price | TSM will decline at least -1.155% 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 | -1.155% (StdDev 2.31%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.7% |
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