| TEL latest price $114.3200 (3.59%) ($111.3200 - $115.1300) on Mon. Oct. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 25 |
Latest Price | $114.3200(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL declines -4.6% 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(82%) XLI(80%) XHB(77%) XLB(77%) VYM(76%) |
Factors Impacting TEL price | TEL will decline at least -0.9% in a week (0% probabilities). VIXM(-53%) UUP(-34%) VXX(-16%) TBT(-16%) UNG(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2% |
| |
|
|