| TSM latest price $133.4000 (3.57%) ($130.3000 - $135.5000) on Tue. Jan. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 73 |
Latest Price | $133.4000(3.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 3.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VT(67%) VUG(67%) VWO(63%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.93% in a week (0% probabilities). VIXM(-47%) UUP(-32%) VXX(-13%) 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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.1% |
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