| TSM latest price $89.5200 (0.96%) ($89.3100 - $91.0000) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 58 |
Latest Price | $89.5200(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(69%) VUG(65%) VT(63%) VWO(60%) XLY(55%) |
Factors Impacting TSM price | TSM will decline at least -1.19% in a week (0% probabilities). VIXM(-38%) UUP(-32%) TBT(-11%) VXX(-10%) 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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.5% |
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