| TEL latest price $135.8200 (-1.77%) ($134.8400 - $138.0800) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 47 |
Latest Price | $135.8200(-1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.4% a day on average for past five trading days. |
Weekly Trend | TEL advances 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) VT(82%) XLI(80%) XLB(77%) VUG(76%) XHB(76%) |
Factors Impacting TEL price | TEL will decline at least -0.7% in a week (0% probabilities). VIXM(-62%) UUP(-35%) VXX(-21%) TBT(-3%) IGOV(-3%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.4% |
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