| TEL latest price $123.8100 (2.8%) ($120.3500 - $124.4400) on Thu. Sep. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 35 |
Latest Price | $123.8100(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL declines -2.5% 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(81%) XHB(79%) IVE(77%) VT(77%) IWD(76%) |
Factors Impacting TEL price | TEL will decline at least -0.505% in a week (0% probabilities). VXX(-60%) VIXM(-55%) TBT(-30%) UUP(-19%) EDOC(-14%) |
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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 2 () |
Intraday Trend | 2.4% |
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