| TSM latest price $65.0000 (-0.03%) ($64.9500 - $66.6000) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 54 |
Latest Price | $65.0000(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.5% a day on average for past five trading days. |
Weekly Trend | TSM advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) VUG(64%) VT(62%) VWO(57%) XLY(54%) |
Factors Impacting TSM price | TSM will decline at least -1.1% in a week (0% probabilities). VIXM(-34%) UUP(-30%) TBT(-12%) VXX(-10%) EDOC(1%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0.5 () |
Intraday Trend | -2.3% |
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