| TEL latest price $92.4200 (0.77%) ($91.1200 - $92.4300) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 70 |
Latest Price | $92.4200(0.77%) |
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 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(75%) VYM(73%) XHB(72%) |
Factors Impacting TEL price | TEL will decline at least -1.325% in a week (0% probabilities). VIXM(-58%) UUP(-34%) VXX(-24%) 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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.4% |
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