| TEL latest price $143.3400 (3.95%) ($138.7450 - $143.8100) on Thu. Dec. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 80 |
Latest Price | $143.3400(3.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.6% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) IDRV(88%) IBUY(80%) PAVE(91%) XHB(90%) DRIV(87%) |
Factors Impacting TEL price | TEL will decline at least -0.755% in a week (0% probabilities). VXX(-42%) VIXM(-38%) TBT(-21%) UUP(-12%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.8% |
| |
|
|