| TSM latest price $51.3100 (0.35%) ($51.0500 - $51.4750) on Mon. Oct. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 77 |
Latest Price | $51.3100(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.5% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.9% 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%) XLY(62%) |
Factors Impacting TSM price | TSM will decline at least -0.78% in a week (0% probabilities). VIXM(-48%) VXX(-22%) UUP(-19%) 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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