| TEL latest price $122.8600 (4.25%) ($119.1000 - $122.9200) on Wed. Nov. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 45 |
Latest Price | $122.8600(4.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.1% a day on average for past five trading days. |
Weekly Trend | TEL declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(82%) XHB(82%) IFRA(76%) IWD(76%) VYM(75%) |
Factors Impacting TEL price | TEL will decline at least -0.665% in a week (0% probabilities). VXX(-43%) TBT(-38%) VIXM(-32%) UUP(-15%) GLD(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 2 () |
Intraday Trend | 2.6% |
| |
|
|