| TEL latest price $76.2900 (-2.63%) ($76.1200 - $78.1500) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 61 |
Latest Price | $76.2900(-2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.7% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(80%) XLI(79%) XLB(77%) VYM(74%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.555% 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 | -2.555% (StdDev 5.11%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1.4% |
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