| TSM latest price $90.6100 (1.82%) ($89.1400 - $90.6600) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 58 |
Latest Price | $90.6100(1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.7% 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(76%) QQQ(76%) SPY(72%) XLK(70%) FIVG(69%) |
Factors Impacting TSM price | TSM will decline at least -0.76% in a week (0% probabilities). VXX(-47%) VIXM(-42%) UUP(-23%) TBT(-16%) GLD(-11%) |
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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.5% |
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