| TSM latest price $44.7200 (0.77%) ($44.5600 - $45.1400) on Fri. May. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 70 |
Latest Price | $44.7200(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.4% 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) XLK(68%) VWO(67%) VT(66%) VUG(66%) EEM(62%) |
Factors Impacting TSM price | TSM will decline at least -0.525% in a week (0% probabilities). VXX(-17%) TLT(-11%) VIXM(-6%) IGOV(-5%) IFRA(-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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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