| TSM latest price $80.4600 (10.52%) ($80.0100 - $82.9300) on Tue. Nov. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 88 |
Latest Price | $80.4600(10.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 4.5% a day on average for past five trading days. |
Weekly Trend | TSM advances 9.6% 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(68%) VUG(64%) VT(62%) VWO(57%) XLY(54%) |
Factors Impacting TSM price | TSM will decline at least -1.405% in a week (0% probabilities). VIXM(-34%) UUP(-28%) TBT(-13%) VXX(-10%) INDA(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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.9% |
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