| TSM latest price $131.0100 (-2.11%) ($130.9400 - $135.9000) on Wed. Jan. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 61 |
Latest Price | $131.0100(-2.11%) |
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 4.3% 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(70%) VT(67%) VUG(67%) VWO(64%) XLY(60%) |
Factors Impacting TSM price | TSM will decline at least -1.135% in a week (0% probabilities). VIXM(-48%) UUP(-34%) VXX(-13%) TBT(-3%) EDOC(4%) |
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 | -1.2 () |
Intraday Trend | -2.7% |
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