| TEL latest price $89.8900 (3.43%) ($84.1600 - $90.9900) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 77 |
Latest Price | $89.8900(3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.7% a day on average for past five trading days. |
Weekly Trend | TEL advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(77%) XLB(76%) VYM(73%) XHB(72%) |
Factors Impacting TEL price | TEL will decline at least -1.435% in a week (0% probabilities). VIXM(-58%) UUP(-34%) VXX(-23%) IGOV(-4%) TLT(-1%) |
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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 1.7 () |
Intraday Trend | 5.8% |
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