| TEL latest price $140.9800 (-0.45%) ($140.8800 - $142.0500) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 76 |
Latest Price | $140.9800(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.8% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) OIH(83%) FIVG(82%) PAVE(95%) IWD(81%) IYT(81%) |
Factors Impacting TEL price | TEL will decline at least -0.75% in a week (0% probabilities). VXX(-56%) TBT(-42%) VIXM(-40%) EDOC(-25%) UUP(-10%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.6% |
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