| TEL latest price $134.9500 (3.65%) ($131.3600 - $135.0350) on Thu. Feb. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 76 |
Latest Price | $134.9500(3.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.7% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.3% 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) PAVE(80%) XLI(77%) IVE(76%) IWO(76%) IWM(75%) |
Factors Impacting TEL price | TEL will decline at least -0.88% in a week (0% probabilities). VIXM(-54%) VXX(-17%) SHY(-16%) UUP(-15%) GLD(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.7% |
| |
|
|