| TSM latest price $85.0600 (-0.56%) ($84.3000 - $85.4800) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 42 |
Latest Price | $85.0600(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.5% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) QQQ(67%) FIVG(65%) IWF(63%) VUG(63%) |
Factors Impacting TSM price | TSM will decline at least -0.88% in a week (0% probabilities). VXX(-39%) VIXM(-36%) UUP(-15%) ARKK(-10%) TBT(-8%) |
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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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