| TSM latest price $44.4200 (-0.4%) ($44.2350 - $44.5800) on Tue. Jul. 23, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 72 |
Latest Price | $44.4200(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 4.5% 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%) VUG(67%) VWO(67%) VT(66%) EEM(62%) |
Factors Impacting TSM price | TSM will decline at least -0.92% in a week (0% probabilities). VIXM(-48%) VXX(-23%) UUP(-18%) TLT(-11%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.92% (StdDev 1.84%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|