| TSM latest price $128.4700 (1.11%) ($124.8100 - $129.0000) on Thu. Jan. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 69 |
Latest Price | $128.4700(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 4.4% a week on average for past two weeks. |
Market Behavior | Normal 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%) VT(67%) VUG(67%) VWO(63%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.985% 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 | -0.985% (StdDev 1.97%) |
Hourly BBV | -0.8 () |
Intraday Trend | 1.6% |
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