| TSM latest price $120.8400 (-0.35%) ($120.5000 - $122.4300) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 71 |
Latest Price | $120.8400(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 3.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) VUG(66%) VT(65%) VWO(60%) XLY(59%) |
Factors Impacting TSM price | TSM will decline at least -1.445% in a week (0% probabilities). VIXM(-46%) UUP(-31%) VXX(-15%) TBT(-1%) TLT(2%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.9% |
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