| TEL latest price $119.6500 (2.45%) ($117.7700 - $119.8600) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 56 |
Latest Price | $119.6500(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.7% a day on average for past five trading days. |
Weekly Trend | TEL declines -0.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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(74%) VUG(73%) |
Factors Impacting TEL price | TEL will decline at least -0.755% in a week (0% probabilities). VIXM(-61%) UUP(-34%) VXX(-23%) EDOC(-5%) TBT(-2%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.4% |
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