| TSM latest price $85.9200 (2.14%) ($84.1500 - $86.5500) on Fri. Jun. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 34 |
Latest Price | $85.9200(2.14%) |
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 -4.1% 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(-6%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2% |
| |
|
|