| TEL latest price $78.3800 (6.42%) ($75.4230 - $78.5200) on Wed. Apr. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 62 |
Latest Price | $78.3800(6.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 3.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(80%) XLI(79%) XLB(77%) VYM(75%) XHB(74%) |
Factors Impacting TEL price | TEL will decline at least -2.415% in a week (0% probabilities). VIXM(-59%) UUP(-34%) VXX(-25%) TLT(-6%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.415% (StdDev 4.83%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.1% |
| |
|
|