| TSM latest price $55.9800 (5.05%) ($53.8300 - $56.0100) on Mon. Mar. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 47 |
Latest Price | $55.9800(5.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.7% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.7% 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%) VT(66%) VWO(66%) XLY(62%) |
Factors Impacting TSM price | TSM will decline at least -1.04% in a week (0% probabilities). VIXM(-47%) VXX(-22%) UUP(-20%) TLT(-8%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.04% (StdDev 2.08%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.9% |
| |
|
|