| TSM latest price $54.8800 (-1.96%) ($54.0400 - $56.3700) on Tue. Mar. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 38 |
Latest Price | $54.8800(-1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) VUG(67%) VT(66%) VWO(66%) XLY(62%) |
Factors Impacting TSM price | TSM will decline at least -1.05% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.5% |
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