| TSM latest price $90.6600 (-2.3%) ($90.5500 - $92.1800) on Mon. Mar. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 55 |
Latest Price | $90.6600(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(66%) QQQ(65%) FIVG(62%) IWF(61%) VUG(61%) |
Factors Impacting TSM price | TSM will decline at least -1.09% in a week (0% probabilities). VXX(-37%) VIXM(-34%) UUP(-13%) SHY(-8%) TBT(-7%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.5% |
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