| TSM latest price $132.5500 (3.73%) ($128.7000 - $133.2500) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 51 |
Latest Price | $132.5500(3.73%) |
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 -0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(69%) VT(66%) VUG(66%) VWO(62%) XLY(59%) |
Factors Impacting TSM price | TSM will decline at least -1.245% 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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3% |
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