| TSM latest price $100.2900 (0.47%) ($99.5400 - $103.0200) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 70 |
Latest Price | $100.2900(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) SMH(82%) QQQ(69%) FIVG(68%) IVW(66%) VUG(66%) |
Factors Impacting TSM price | TSM will decline at least -1.14% in a week (0% probabilities). VXX(-42%) VIXM(-40%) UUP(-22%) TBT(-15%) BLOK(-14%) |
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 | -1.14% (StdDev 2.28%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1.1% |
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