| TSM latest price $86.6700 (1.48%) ($85.3800 - $86.7600) on Wed. Oct. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 33 |
Latest Price | $86.6700(1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM declines -1.2% 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) QQQ(79%) IVW(78%) SPY(73%) XLK(71%) FIVG(70%) |
Factors Impacting TSM price | TSM will decline at least -0.75% in a week (0% probabilities). VXX(-50%) VIXM(-45%) UUP(-23%) TBT(-15%) GLD(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.75% (StdDev 1.5%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|