| TSM latest price $61.5800 (0.05%) ($61.5800 - $63.4300) on Tue. Nov. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 41 |
Latest Price | $61.5800(0.05%) |
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 -2.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(66%) VUG(62%) VT(61%) VWO(57%) XLY(53%) |
Factors Impacting TSM price | TSM will decline at least -1.075% in a week (0% probabilities). VIXM(-34%) UUP(-29%) TBT(-12%) VXX(-9%) EDOC(-0%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.7% |
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