| TSM latest price $76.9200 (-7.6%) ($76.4900 - $79.5800) on Tue. Jul. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 74 |
Latest Price | $76.9200(-7.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.5% a day on average for past five trading days. |
Weekly Trend | TSM advances 7.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(64%) VT(63%) VUG(62%) VWO(60%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.48% in a week (0% probabilities). VIXM(-41%) UUP(-31%) VXX(-16%) XLC(-3%) IGOV(-3%) |
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 | -1.48% (StdDev 2.96%) |
Hourly BBV | -0.4 () |
Intraday Trend | -2.9% |
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