| TSM latest price $115.5900 (-1.17%) ($115.5500 - $117.0250) on Wed. Oct. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 61 |
Latest Price | $115.5900(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.4% 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%) VUG(67%) VT(66%) VWO(61%) XLY(60%) |
Factors Impacting TSM price | TSM will decline at least -0.7% in a week (0% probabilities). VIXM(-47%) UUP(-31%) VXX(-14%) TBT(-1%) EDOC(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.2% |
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