| TEL latest price $129.1400 (1.02%) ($126.9200 - $129.2500) on Thu. Mar. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 42 |
Latest Price | $129.1400(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.3% a day on average for past five trading days. |
Weekly Trend | TEL declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(81%) XLI(79%) IVE(76%) IWO(76%) IWD(75%) |
Factors Impacting TEL price | TEL will decline at least -0.755% in a week (0% probabilities). VIXM(-55%) VXX(-18%) SHY(-18%) EDOC(-16%) UUP(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 2.6 () |
Intraday Trend | 1.4% |
| |
|
|