| TSM latest price $88.4200 (1.55%) ($88.2650 - $90.0400) on Wed. Mar. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 39 |
Latest Price | $88.4200(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM declines -4.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(67%) QQQ(65%) FIVG(64%) IWF(62%) VUG(62%) |
Factors Impacting TSM price | TSM will decline at least -1.07% in a week (0% probabilities). VIXM(-37%) UUP(-15%) SHY(-11%) EDOC(-11%) VXX(-10%) |
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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.7% |
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