| TEL latest price $130.1200 (1.66%) ($128.1700 - $130.5100) on Mon. Jun. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 60 |
Latest Price | $130.1200(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.9% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(78%) IVE(74%) XHB(74%) IWD(73%) IWM(73%) |
Factors Impacting TEL price | TEL will decline at least -0.72% in a week (0% probabilities). VXX(-57%) VIXM(-52%) TBT(-26%) UUP(-21%) USO(-6%) |
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 | 1.6 () |
Intraday Trend | 1.2% |
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