| TSM latest price $95.3000 (1.63%) ($94.5100 - $96.2900) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 64 |
Latest Price | $95.3000(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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(65%) VT(64%) VWO(63%) XLY(57%) |
Factors Impacting TSM price | TSM will decline at least -1.185% in a week (0% probabilities). VIXM(-41%) UUP(-31%) VXX(-10%) TBT(-6%) EDOC(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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.3% |
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