| TEL latest price $133.3200 (0.72%) ($131.4600 - $133.6850) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 57 |
Latest Price | $133.3200(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.2% 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) PAVE(87%) IVE(74%) EEM(73%) XRT(70%) IWD(77%) |
Factors Impacting TEL price | TEL will decline at least -0.7% in a week (0% probabilities). VXX(-42%) VIXM(-40%) TBT(-22%) UUP(-13%) SHY(-3%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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