| TEL latest price $131.2300 (1.19%) ($130.2800 - $131.9000) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 46 |
Latest Price | $131.2300(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
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