| TEL latest price $139.4300 (-0.68%) ($137.5950 - $139.8950) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 78 |
Latest Price | $139.4300(-0.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.4% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal 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(79%) IVE(76%) IWD(74%) VT(74%) XHB(74%) |
Factors Impacting TEL price | TEL will decline at least -0.665% in a week (0% probabilities). VXX(-59%) VIXM(-54%) TBT(-28%) UUP(-22%) EDOC(-12%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.7% |
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