| TEL latest price $70.5800 (-3.92%) ($70.0300 - $71.6900) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 53 |
Latest Price | $70.5800(-3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 5.3% 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 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 -2.44% in a week (0% probabilities). VIXM(-59%) UUP(-33%) VXX(-25%) TLT(-6%) IGOV(3%) |
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 | -2.44% (StdDev 4.88%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.4% |
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