| TEL latest price $131.2600 (-0.15%) ($130.7950 - $131.9800) on Mon. Nov. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 82 |
Latest Price | $131.2600(-0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) XHB(88%) PAVE(86%) SPY(86%) DRIV(85%) XLB(83%) |
Factors Impacting TEL price | TEL will decline at least -0.71% in a week (0% probabilities). TBT(-31%) VXX(-23%) UUP(-20%) VIXM(-11%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
| |
|
|