| TSM latest price $44.9000 (-0.31%) ($44.7610 - $45.2200) on Thu. Sep. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 70 |
Latest Price | $44.9000(-0.31%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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(61%) |
Factors Impacting TSM price | TSM will decline at least -0.88% in a week (0% probabilities). VIXM(-47%) VXX(-23%) UUP(-18%) TLT(-10%) IGOV(-4%) |
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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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