| TSM latest price $94.2200 (2.15%) ($93.2400 - $95.1000) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 46 |
Latest Price | $94.2200(2.15%) |
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 -1.4% 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) SMH(83%) QQQ(74%) IVW(72%) SPY(71%) VUG(71%) |
Factors Impacting TSM price | TSM will decline at least -1.12% in a week (0% probabilities). VXX(-53%) VIXM(-47%) UUP(-23%) TBT(-18%) GLD(-3%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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