| TEL latest price $138.5100 (-1.85%) ($138.4200 - $141.6400) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 68 |
Latest Price | $138.5100(-1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based 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) TLT(96%) XHB(90%) PAVE(95%) IDRV(89%) DRIV(87%) |
Factors Impacting TEL price | TEL will decline at least -0.755% in a week (0% probabilities). VIXM(-40%) UUP(-10%) VUG(22%) XLC(23%) IWF(23%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | -3.5 () |
Intraday Trend | -1.3% |
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