| TEL latest price $118.9900 (0.29%) ($118.1100 - $119.4900) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 70 |
Latest Price | $118.9900(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.7% a day on average for past five trading days. |
Weekly Trend | TEL advances 3% 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(77%) XLB(75%) VUG(73%) VYM(73%) |
Factors Impacting TEL price | TEL will decline at least -0.81% in a week (0% probabilities). VIXM(-60%) UUP(-34%) VXX(-23%) TBT(-2%) TLT(1%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.5% |
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