| TSM latest price $89.3000 (3%) ($85.8200 - $89.4700) on Thu. Mar. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 54 |
Latest Price | $89.3000(3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.1% 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 -1.085% in a week (0% probabilities). VIXM(-36%) UUP(-14%) SHY(-12%) VXX(-10%) BNDX(-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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.1% |
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