| TSM latest price $91.7900 (1.45%) ($90.8400 - $92.4500) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 50 |
Latest Price | $91.7900(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.3% 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) FIVG(77%) IVE(77%) VT(76%) BOTZ(72%) IWF(72%) |
Factors Impacting TSM price | TSM will decline at least -0.775% in a week (0% probabilities). VXX(-58%) VIXM(-44%) TBT(-31%) UUP(-25%) GLD(-7%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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