| TSM latest price $40.2754 (1.68%) ($40.0147 - $40.3720) on Wed. Jan. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 74 |
Latest Price | $40.2754(1.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.4% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VWO(67%) VT(66%) VUG(66%) EEM(63%) |
Factors Impacting TSM price | TSM will decline at least -0.605% in a week (0% probabilities). VIXM(-13%) TLT(-12%) UUP(-11%) 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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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