| TSM latest price $80.1900 (1.57%) ($78.7400 - $80.1900) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 72 |
Latest Price | $80.1900(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 9.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(65%) VT(63%) VUG(63%) VWO(60%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.505% in a week (0% probabilities). VIXM(-42%) UUP(-30%) VXX(-16%) IGOV(-4%) XLC(-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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.1% |
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