| TEL latest price $125.0400 (-0.68%) ($124.8700 - $125.9500) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 54 |
Latest Price | $125.0400(-0.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) XHB(85%) SPY(82%) PAVE(81%) IVE(77%) IFRA(73%) |
Factors Impacting TEL price | TEL will decline at least -0.67% in a week (0% probabilities). VXX(-37%) TBT(-34%) VIXM(-24%) UUP(-18%) GLD(-4%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.1% |
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