| TSM latest price $97.9600 (1.92%) ($95.2200 - $98.9900) on Tue. Feb. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 64 |
Latest Price | $97.9600(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.7% a day on average for past five trading days. |
Weekly Trend | TSM advances 1.7% 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 -1.215% in a week (0% probabilities). VIXM(-36%) UUP(-17%) VXX(-10%) SHY(-10%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|