| TSM latest price $58.6600 (2.88%) ($57.8100 - $58.9000) on Tue. Feb. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 50 |
Latest Price | $58.6600(2.88%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Value stock 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%) XLY(62%) |
Factors Impacting TSM price | TSM will decline at least -0.895% in a week (0% probabilities). VIXM(-47%) VXX(-22%) UUP(-19%) TLT(-9%) SHY(-1%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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