| TEL latest price $124.2800 (2.33%) ($122.4200 - $125.1800) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 60 |
Latest Price | $124.2800(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.7% 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(82%) XHB(80%) IFRA(77%) IVE(77%) IWD(76%) |
Factors Impacting TEL price | TEL will decline at least -0.57% in a week (0% probabilities). VXX(-59%) VIXM(-51%) TBT(-30%) GLD(-26%) UUP(-17%) |
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 | -0.57% (StdDev 1.14%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.8% |
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