| TEL latest price $132.0000 (0.76%) ($130.1600 - $132.4800) on Fri. Dec. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 70 |
Latest Price | $132.0000(0.76%) |
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 0.6% 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) SPY(99%) XHB(85%) PAVE(84%) DRIV(84%) IDRV(83%) |
Factors Impacting TEL price | TEL will decline at least -0.71% in a week (0% probabilities). VIXM(-38%) VXX(-35%) TBT(-21%) UUP(-11%) SHY(-6%) |
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 | 1.8 () |
Intraday Trend | 1% |
| |
|
|