| TEL latest price $141.6200 (-1.2%) ($139.1200 - $142.8800) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 76 |
Latest Price | $141.6200(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(90%) JETS(80%) XRT(78%) IYT(79%) IBUY(78%) |
Factors Impacting TEL price | TEL will decline at least -0.745% in a week (0% probabilities). VXX(-40%) VIXM(-37%) TBT(-37%) UUP(-10%) 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.1% |
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