| TSM latest price $121.7000 (0.89%) ($120.0200 - $123.4000) on Thu. Dec. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 58 |
Latest Price | $121.7000(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(69%) VT(67%) VUG(67%) VWO(62%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.775% in a week (0% probabilities). VIXM(-48%) UUP(-31%) VXX(-14%) TBT(-1%) TLT(2%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.3% |
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