| TSM latest price $82.7000 (-0.31%) ($82.4410 - $83.7600) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 36 |
Latest Price | $82.7000(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.1% a day on average for past five trading days. |
Weekly Trend | TSM declines -2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) QQQ(67%) FIVG(65%) IWF(64%) VUG(64%) |
Factors Impacting TSM price | TSM will decline at least -0.925% in a week (0% probabilities). VXX(-41%) VIXM(-37%) UUP(-15%) SHY(-11%) ARKK(-8%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.2% |
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