| TEL latest price $131.1900 (-0.61%) ($130.5800 - $131.8500) on Mon. Dec. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 78 |
Latest Price | $131.1900(-0.61%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(85%) IVE(75%) PEJ(69%) XRT(69%) IWD(78%) |
Factors Impacting TEL price | TEL will decline at least -0.705% in a week (0% probabilities). VXX(-43%) VIXM(-41%) TBT(-20%) UUP(-12%) SHY(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.2% |
| |
|
|