| TSM latest price $123.3900 (3.64%) ($119.8000 - $123.5550) on Thu. Nov. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 77 |
Latest Price | $123.3900(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VT(67%) VUG(67%) VWO(61%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.77% in a week (0% probabilities). VIXM(-47%) UUP(-31%) VXX(-14%) TBT(-2%) TLT(3%) |
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 | -0.77% (StdDev 1.54%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.8% |
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