| TEL latest price $91.6500 (0.67%) ($90.4300 - $92.4600) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 81 |
Latest Price | $91.6500(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.6% a day on average for past five trading days. |
Weekly Trend | TEL advances 8% a week on average for past two weeks. |
Market Behavior | Value stock 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(78%) XLB(76%) VYM(73%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.525% in a week (0% probabilities). VIXM(-59%) UUP(-34%) VXX(-25%) TLT(-4%) XLC(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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.2% |
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