| TSM latest price $101.5000 (4.17%) ($99.5000 - $102.2200) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 36 |
Latest Price | $101.5000(4.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.9% 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(71%) VUG(68%) VT(67%) VWO(65%) XLY(60%) |
Factors Impacting TSM price | TSM will decline at least -1.165% in a week (0% probabilities). VIXM(-46%) UUP(-32%) VXX(-11%) TBT(-7%) TLT(8%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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