| TSM latest price $38.1000 (0.85%) ($38.0300 - $38.9900) on Wed. Oct. 31, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 46 |
Latest Price | $38.1000(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM declines -2.7% 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%) VUG(67%) VWO(67%) VT(66%) EEM(63%) |
Factors Impacting TSM price | TSM will decline at least -0.845% in a week (0% probabilities). VXX(-17%) TLT(-12%) UUP(-10%) VIXM(-9%) XHB(-5%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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