| TEL latest price $124.2500 (-1%) ($122.7000 - $126.4400) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 42 |
Latest Price | $124.2500(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.4% a day on average for past five trading days. |
Weekly Trend | TEL declines -0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) XLI(78%) VT(77%) XHB(74%) XLB(73%) VYM(70%) |
Factors Impacting TEL price | TEL will decline at least -1.12% in a week (0% probabilities). VIXM(-54%) UUP(-20%) VXX(-17%) EDOC(-13%) TBT(-12%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.7% |
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