| TSM latest price $92.9100 (3.69%) ($92.3600 - $94.7600) on Thu. Oct. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 67 |
Latest Price | $92.9100(3.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) IVW(85%) QQQ(78%) SPY(74%) FIVG(68%) VT(67%) |
Factors Impacting TSM price | TSM will decline at least -0.785% in a week (0% probabilities). VXX(-43%) VIXM(-36%) UUP(-24%) TBT(-16%) GLD(-14%) |
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 | -0.785% (StdDev 1.57%) |
Hourly BBV | 1.1 () |
Intraday Trend | -1% |
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