| TEL latest price $122.3200 (-5.28%) ($121.8400 - $127.6800) on Wed. May. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 45 |
Latest Price | $122.3200(-5.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(84%) XLI(82%) VUG(80%) XLB(79%) XLK(79%) |
Factors Impacting TEL price | TEL will decline at least -1.1% in a week (0% probabilities). VIXM(-59%) UUP(-37%) VXX(-15%) TBT(-10%) TLT(10%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -1.4 () |
Intraday Trend | -4.1% |
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