| TSM latest price $89.4700 (0.54%) ($89.3600 - $91.2200) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 83 |
Latest Price | $89.4700(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 1.9% a day on average for past five trading days. |
Weekly Trend | TSM advances 8.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(65%) FIVG(63%) QQQ(62%) VUG(60%) IWF(59%) |
Factors Impacting TSM price | TSM will decline at least -1.305% in a week (0% probabilities). VIXM(-36%) UUP(-19%) VXX(-10%) SHY(-7%) TBT(-6%) |
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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.4% |
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