| TSM latest price $23.5860 (-0.46%) ($23.4489 - $23.8144) on Tue. Mar. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 72 |
Latest Price | $23.5860(-0.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.7% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VUG(66%) VWO(66%) VT(65%) EEM(62%) |
Factors Impacting TSM price | TSM will decline at least -0.91% in a week (0% probabilities). VIXM(-17%) UUP(-11%) TLT(-11%) IPO(-6%) SHY(-4%) |
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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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