| TEL latest price $71.4100 (-4.29%) ($71.3900 - $74.6600) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 59 |
Latest Price | $71.4100(-4.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 2% 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(76%) VYM(74%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.49% 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 | -2.49% (StdDev 4.98%) |
Hourly BBV | -2 () |
Intraday Trend | -4.2% |
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