| TEL latest price $88.3100 (1.76%) ($86.2200 - $88.3300) on Thu. Jul. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 70 |
Latest Price | $88.3100(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.8% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(80%) XLI(77%) XLB(76%) VYM(73%) XHB(72%) |
Factors Impacting TEL price | TEL will decline at least -1.475% in a week (0% probabilities). VIXM(-58%) UUP(-34%) VXX(-23%) TLT(-1%) XLC(0%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.1% |
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