| TSM latest price $85.8600 (-0.07%) ($85.5800 - $86.9550) on Mon. Jun. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 35 |
Latest Price | $85.8600(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.2% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VUG(64%) VT(63%) VWO(61%) XLY(55%) |
Factors Impacting TSM price | TSM will decline at least -1.125% in a week (0% probabilities). VIXM(-38%) UUP(-32%) VXX(-9%) TBT(-6%) EDOC(-5%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.3% |
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