| TSM latest price $99.3500 (-0.06%) ($98.9050 - $101.7600) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 50 |
Latest Price | $99.3500(-0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.3% a day on average for past five trading days. |
Weekly Trend | TSM declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) SMH(83%) QQQ(74%) FIVG(70%) IWF(70%) VUG(70%) |
Factors Impacting TSM price | TSM will decline at least -1.15% in a week (0% probabilities). VXX(-47%) VIXM(-44%) UUP(-25%) TBT(-20%) UNG(-2%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.1% |
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