| TSM latest price $102.1200 (0.51%) ($100.9050 - $102.6800) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 61 |
Latest Price | $102.1200(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.5% 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) EEM(90%) IVE(90%) EWY(88%) EWI(87%) XLY(84%) |
Factors Impacting TSM price | TSM will decline at least -0.82% in a week (0% probabilities). VXX(-86%) VIXM(-76%) UUP(-25%) BNDX(-20%) SHY(-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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 2 () |
Intraday Trend | 0.7% |
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