| TSM latest price $62.4800 (3.65%) ($61.0200 - $62.5000) on Fri. Nov. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 35 |
Latest Price | $62.4800(3.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.2% a day on average for past five trading days. |
Weekly Trend | TSM declines -2% a week on average for past two weeks. |
Market Behavior | Broad based 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(67%) VUG(63%) VT(62%) VWO(56%) XLY(54%) |
Factors Impacting TSM price | TSM will decline at least -1.095% in a week (0% probabilities). VIXM(-34%) UUP(-29%) TBT(-12%) 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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.6% |
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