| TSM latest price $105.6400 (-0.7%) ($105.1100 - $107.8000) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 70 |
Latest Price | $105.6400(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 3.4% 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(67%) VT(65%) VUG(64%) VWO(61%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.135% in a week (0% probabilities). VIXM(-44%) UUP(-30%) VXX(-16%) TBT(-1%) TLT(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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.9% |
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