| TEL latest price $126.6500 (2.05%) ($123.7900 - $127.0700) on Fri. Nov. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 74 |
Latest Price | $126.6500(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.6% 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) SMH(91%) XHB(86%) PAVE(81%) IVE(75%) IFRA(73%) |
Factors Impacting TEL price | TEL will decline at least -0.675% in a week (0% probabilities). VXX(-40%) TBT(-36%) VIXM(-26%) UUP(-20%) GLD(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.675% (StdDev 1.35%) |
Hourly BBV | 2.5 () |
Intraday Trend | 1.7% |
| |
|
|