| TSM latest price $81.6200 (0.15%) ($80.9500 - $82.1760) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 71 |
Latest Price | $81.6200(0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.6% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.4% 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(62%) VT(59%) VWO(53%) XLY(51%) |
Factors Impacting TSM price | TSM will decline at least -1.445% in a week (0% probabilities). VIXM(-38%) UUP(-22%) VXX(-10%) EDOC(-9%) TBT(-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 | -1.445% (StdDev 2.89%) |
Hourly BBV | -1 () |
Intraday Trend | -0.5% |
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