| TEL latest price $137.8900 (1.76%) ($135.1110 - $138.0000) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 71 |
Latest Price | $137.8900(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1% a day on average for past five trading days. |
Weekly Trend | TEL advances 1.7% 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) PEJ(76%) XRT(76%) IVE(75%) PAVE(90%) IWD(79%) |
Factors Impacting TEL price | TEL will decline at least -0.715% in a week (0% probabilities). VXX(-46%) VIXM(-41%) TBT(-24%) UUP(-13%) BLOK(-4%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 3.2 () |
Intraday Trend | 0.5% |
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