| TEL latest price $131.5500 (-1.83%) ($131.0500 - $134.1500) on Wed. Feb. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 76 |
Latest Price | $131.5500(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.87% in a week (0% probabilities). VIXM(-54%) VXX(-17%) UUP(-16%) SHY(-16%) GLD(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | -2.5 () |
Intraday Trend | -1.3% |
| |
|
|