| TEL latest price $126.3900 (1.61%) ($125.2300 - $126.8600) on Fri. Nov. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 55 |
Latest Price | $126.3900(1.61%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) XLI(80%) VT(79%) XHB(77%) XLB(75%) VUG(72%) |
Factors Impacting TEL price | TEL will decline at least -1.175% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|