| TSM latest price $87.6500 (0.86%) ($87.0200 - $88.4200) on Mon. Oct. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 38 |
Latest Price | $87.6500(0.86%) |
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 -2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(93%) QQQ(75%) IVW(71%) SPY(71%) XLK(71%) |
Factors Impacting TSM price | TSM will decline at least -0.745% in a week (0% probabilities). VXX(-50%) VIXM(-45%) UUP(-23%) TBT(-15%) GLD(-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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.5% |
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