| TSM latest price $95.9900 (2.52%) ($91.9150 - $96.0700) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 38 |
Latest Price | $95.9900(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.2% a day on average for past five trading days. |
Weekly Trend | TSM declines -2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(71%) VUG(67%) VT(66%) VWO(64%) XLY(59%) |
Factors Impacting TSM price | TSM will decline at least -1.13% in a week (0% probabilities). VIXM(-45%) UUP(-31%) VXX(-11%) TBT(-6%) TLT(7%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 3 () |
Intraday Trend | 2.2% |
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