| TEL latest price $126.2700 (3.04%) ($123.8550 - $126.3950) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 62 |
Latest Price | $126.2700(3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.8% 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(78%) IVE(75%) IWD(74%) XLI(74%) IWM(73%) |
Factors Impacting TEL price | TEL will decline at least -0.72% in a week (0% probabilities). VXX(-58%) VIXM(-51%) TBT(-24%) UUP(-18%) USO(-3%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.5% |
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