| TSM latest price $105.1800 (-1.52%) ($105.0700 - $106.6600) on Thu. Jun. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 77 |
Latest Price | $105.1800(-1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) SMH(81%) QQQ(69%) FIVG(67%) IWF(66%) VUG(66%) |
Factors Impacting TSM price | TSM will decline at least -1.15% in a week (0% probabilities). VXX(-44%) VIXM(-42%) UUP(-23%) TBT(-17%) BLOK(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|