| TEL latest price $164.1500 (-1.14%) ($162.9800 - $165.9900) on Thu. Nov. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 89 |
Latest Price | $164.1500(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 4.1% 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(83%) XLI(81%) VUG(78%) XLB(78%) XLK(78%) |
Factors Impacting TEL price | TEL will decline at least -0.7% in a week (0% probabilities). VIXM(-63%) UUP(-35%) VXX(-20%) TBT(-6%) IGOV(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.8% |
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