| TSM latest price $121.4100 (-0.53%) ($120.9700 - $123.1500) on Wed. Dec. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 48 |
Latest Price | $121.4100(-0.53%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VT(67%) VUG(67%) VWO(63%) XLY(61%) |
Factors Impacting TSM price | TSM will decline at least -0.82% in a week (0% probabilities). VIXM(-48%) UUP(-32%) VXX(-13%) 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 | -0.82% (StdDev 1.64%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.3% |
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