| TEL latest price $101.8700 (0.91%) ($101.3050 - $103.2000) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 62 |
Latest Price | $101.8700(0.91%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(81%) XLI(77%) XLB(75%) VYM(73%) XLK(73%) |
Factors Impacting TEL price | TEL will decline at least -0.845% in a week (0% probabilities). VIXM(-59%) UUP(-34%) VXX(-23%) EDOC(-7%) IGOV(-5%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.4% |
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