| TEL latest price $86.2700 (2.06%) ($84.4600 - $86.3200) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 76 |
Latest Price | $86.2700(2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.4% a day on average for past five trading days. |
Weekly Trend | TEL advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(80%) XLI(78%) XLB(76%) VYM(74%) XHB(73%) |
Factors Impacting TEL price | TEL will decline at least -2.56% in a week (0% probabilities). VIXM(-58%) UUP(-34%) VXX(-24%) TLT(-4%) XLC(4%) |
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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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