| TSM latest price $92.4100 (-2.27%) ($91.1200 - $93.0000) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 83 |
Latest Price | $92.4100(-2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.6% a day on average for past five trading days. |
Weekly Trend | TSM advances 8.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(66%) FIVG(63%) QQQ(63%) IWF(60%) VUG(60%) |
Factors Impacting TSM price | TSM will decline at least -1.335% in a week (0% probabilities). VIXM(-36%) UUP(-17%) VXX(-10%) SHY(-9%) IGOV(-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 | -1.335% (StdDev 2.67%) |
Hourly BBV | -1 () |
Intraday Trend | -0.3% |
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