| TSM latest price $89.2900 (2.36%) ($88.2000 - $91.8760) on Thu. Apr. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 34 |
Latest Price | $89.2900(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.5% a day on average for past five trading days. |
Weekly Trend | TSM declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(66%) QQQ(64%) FIVG(62%) IWF(61%) VUG(61%) |
Factors Impacting TSM price | TSM will decline at least -0.95% in a week (0% probabilities). VXX(-39%) VIXM(-36%) EDOC(-18%) UUP(-14%) SHY(-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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.4% |
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