| TSM latest price $89.7900 (0.85%) ($87.8800 - $89.8500) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 37 |
Latest Price | $89.7900(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.2% 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(67%) QQQ(65%) FIVG(63%) IWF(62%) VUG(62%) |
Factors Impacting TSM price | TSM will decline at least -1.06% in a week (0% probabilities). VIXM(-36%) UUP(-15%) EDOC(-13%) SHY(-11%) VXX(-10%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.3% |
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