| TSM latest price $81.4800 (2.56%) ($78.6900 - $82.9400) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 85 |
Latest Price | $81.4800(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 13.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -1.415% in a week (0% probabilities). VIXM(-34%) UUP(-28%) TBT(-13%) 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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.6% |
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