| TEL latest price $123.9700 (2.51%) ($120.9300 - $124.3600) on Fri. Oct. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 40 |
Latest Price | $123.9700(2.51%) |
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 -0.9% 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(80%) XHB(78%) IVE(75%) VT(75%) XLB(75%) |
Factors Impacting TEL price | TEL will decline at least -0.53% in a week (0% probabilities). VXX(-56%) VIXM(-52%) TBT(-28%) GLD(-20%) UUP(-18%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.2% |
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