| TEL latest price $123.4100 (0.97%) ($121.7000 - $123.7800) on Wed. Oct. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 30 |
Latest Price | $123.4100(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.5% a day on average for past five trading days. |
Weekly Trend | TEL declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(80%) XHB(78%) IVE(77%) SMH(76%) VT(76%) |
Factors Impacting TEL price | TEL will decline at least -0.495% in a week (0% probabilities). VXX(-58%) VIXM(-54%) TBT(-28%) UUP(-18%) GLD(-16%) |
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 | -0.495% (StdDev 0.99%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.7% |
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