| TEL latest price $141.1200 (0.1%) ($140.6500 - $142.0000) on Tue. Dec. 19, 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 | $141.1200(0.1%) |
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 3.9% 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) TLT(96%) XHB(90%) PAVE(95%) IDRV(89%) DRIV(87%) |
Factors Impacting TEL price | TEL will decline at least -0.75% in a week (0% probabilities). VXX(-56%) VIXM(-40%) EDOC(-25%) UUP(-10%) VUG(22%) |
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 | -0.2 () |
Intraday Trend | -0.2% |
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