| TEL latest price $126.2700 (-3.53%) ($125.6000 - $130.9900) on Tue. Apr. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 57 |
Latest Price | $126.2700(-3.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.3% a day on average for past five trading days. |
Weekly Trend | TEL advances 1.9% 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(78%) IVE(76%) IWD(75%) IWM(74%) |
Factors Impacting TEL price | TEL will decline at least -0.725% in a week (0% probabilities). VXX(-59%) VIXM(-52%) UUP(-14%) TBT(-14%) SHY(-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 | -0.725% (StdDev 1.45%) |
Hourly BBV | -2.1 () |
Intraday Trend | -3.1% |
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