| TSM latest price $28.5807 (1.54%) ($28.2700 - $28.8443) on Tue. Dec. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 54 |
Latest Price | $28.5807(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.6% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VT(66%) VUG(66%) VWO(66%) EEM(63%) |
Factors Impacting TSM price | TSM will decline at least -0.74% in a week (0% probabilities). VIXM(-15%) TLT(-12%) UUP(-10%) SHY(-4%) IGOV(-3%) |
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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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