| TEL latest price $106.8800 (0.96%) ($106.1850 - $108.7750) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 50 |
Latest Price | $106.8800(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.4% 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%) XLK(73%) VUG(72%) |
Factors Impacting TEL price | TEL will decline at least -0.815% in a week (0% probabilities). VIXM(-60%) UUP(-34%) VXX(-23%) EDOC(-10%) TBT(-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 | -0.815% (StdDev 1.63%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.6% |
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