| TEL latest price $117.6200 (2.58%) ($115.8000 - $118.2150) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 34 |
Latest Price | $117.6200(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.6% a day on average for past five trading days. |
Weekly Trend | TEL declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) XLI(78%) VT(76%) XHB(75%) XLB(72%) VFMO(69%) |
Factors Impacting TEL price | TEL will decline at least -1.1% in a week (0% probabilities). VIXM(-54%) UUP(-19%) VXX(-17%) TBT(-11%) CEMB(-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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
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