| TSM latest price $88.9900 (-0.34%) ($88.0400 - $89.3450) on Mon. Oct. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 51 |
Latest Price | $88.9900(-0.34%) |
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 0.6% 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) IVW(83%) QQQ(79%) SPY(74%) XLK(70%) FIVG(69%) |
Factors Impacting TSM price | TSM will decline at least -0.755% in a week (0% probabilities). VXX(-47%) VIXM(-42%) UUP(-23%) TBT(-16%) GLD(-12%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.2% |
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