| TSM latest price $79.1000 (-0.01%) ($78.9300 - $81.4800) on Tue. Jul. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 33 |
Latest Price | $79.1000(-0.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM declines -3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VUG(65%) VT(64%) VWO(61%) XLY(56%) |
Factors Impacting TSM price | TSM will decline at least -1.255% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-10%) TBT(-9%) 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 | -1.255% (StdDev 2.51%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.5% |
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