| TEL latest price $83.2200 (3.23%) ($80.5800 - $83.3150) on Wed. May. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 67 |
Latest Price | $83.2200(3.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.8% a day on average for past five trading days. |
Weekly Trend | TEL advances 4% 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) VT(80%) XLI(79%) XLB(76%) VYM(74%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.585% in a week (0% probabilities). VIXM(-59%) UUP(-35%) VXX(-24%) TLT(-5%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.585% (StdDev 5.17%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
| |
|
|