| TSM latest price $118.2000 (-2.94%) ($117.6800 - $120.8000) on Wed. Nov. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 54 |
Latest Price | $118.2000(-2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.7% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.3% 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(69%) VUG(67%) VT(66%) VWO(61%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.765% in a week (0% probabilities). VIXM(-47%) UUP(-31%) VXX(-14%) TBT(-2%) TLT(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 | -0.765% (StdDev 1.53%) |
Hourly BBV | -1.8 () |
Intraday Trend | -1.2% |
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