| TEL latest price $120.4000 (3.56%) ($117.0400 - $120.7900) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 39 |
Latest Price | $120.4000(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.4% a day on average for past five trading days. |
Weekly Trend | TEL declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.125% 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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 2.5 () |
Intraday Trend | 2.2% |
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