| TSM latest price $86.9500 (2.29%) ($86.0200 - $87.7500) on Tue. Jun. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 33 |
Latest Price | $86.9500(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM declines -4.4% 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%) VUG(65%) VT(64%) VWO(62%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.125% in a week (0% probabilities). VIXM(-40%) UUP(-31%) VXX(-10%) TBT(-7%) EDOC(-1%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.1% |
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