| TEL latest price $124.3900 (-1.09%) ($121.6000 - $124.6550) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 52 |
Latest Price | $124.3900(-1.09%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Normal 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(79%) XLI(79%) XHB(77%) XLB(75%) VUG(72%) |
Factors Impacting TEL price | TEL will decline at least -1.17% in a week (0% probabilities). VIXM(-53%) UUP(-28%) VXX(-16%) TBT(-16%) EDOC(8%) |
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 | -1.17% (StdDev 2.34%) |
Hourly BBV | -0.9 () |
Intraday Trend | 1.5% |
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