| TEL latest price $74.6100 (-2.79%) ($74.0850 - $75.8800) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 69 |
Latest Price | $74.6100(-2.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.4% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(80%) XLI(79%) XLB(76%) VYM(74%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.48% in a week (0% probabilities). VIXM(-59%) UUP(-34%) VXX(-25%) TLT(-6%) IGOV(4%) |
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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.3% |
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