| TEL latest price $129.4900 (3.72%) ($125.9000 - $129.5800) on Fri. May. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 59 |
Latest Price | $129.4900(3.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 1.1% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(84%) XLI(82%) VUG(79%) XLB(79%) XLK(78%) |
Factors Impacting TEL price | TEL will decline at least -1.08% in a week (0% probabilities). VIXM(-59%) UUP(-37%) VXX(-15%) TBT(-12%) UNG(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
| |
|
|