| TSM latest price $127.5000 (-0.73%) ($126.0600 - $129.1400) on Wed. Feb. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 61 |
Latest Price | $127.5000(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VT(66%) VUG(66%) VWO(62%) XLY(59%) |
Factors Impacting TSM price | TSM will decline at least -1.23% in a week (0% probabilities). VIXM(-46%) UUP(-31%) VXX(-16%) TBT(-2%) IGOV(-1%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.2% |
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