| TEL latest price $131.4600 (0.09%) ($130.9600 - $132.3500) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 84 |
Latest Price | $131.4600(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.7% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) SMH(99%) XHB(88%) PAVE(87%) DRIV(84%) XLB(84%) |
Factors Impacting TEL price | TEL will decline at least -0.71% in a week (0% probabilities). TBT(-33%) VXX(-31%) UUP(-21%) VIXM(-11%) UNG(5%) |
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 | -0.71% (StdDev 1.42%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.6% |
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