| TSM latest price $124.5000 (-0.24%) ($122.6810 - $127.4000) on Mon. Apr. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 55 |
Latest Price | $124.5000(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.4% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.3% 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%) VUG(66%) VT(65%) VWO(60%) XLY(59%) |
Factors Impacting TSM price | TSM will decline at least -1.545% in a week (0% probabilities). VIXM(-46%) UUP(-31%) VXX(-15%) TBT(-2%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.545% (StdDev 3.09%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2% |
| |
|
|