| TEL latest price $123.5700 (-0.87%) ($121.0000 - $124.4400) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 69 |
Latest Price | $123.5700(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(79%) XLI(77%) IVE(76%) IWO(76%) IWM(75%) |
Factors Impacting TEL price | TEL will decline at least -1.005% in a week (0% probabilities). VIXM(-54%) VXX(-17%) SHY(-17%) UUP(-15%) GLD(-13%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.5% |
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