| TEL latest price $124.0800 (0.8%) ($123.4300 - $124.6900) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 51 |
Latest Price | $124.0800(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.6% a day on average for past five trading days. |
Weekly Trend | TEL advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(79%) IVE(76%) XLI(75%) IWD(74%) IWM(73%) |
Factors Impacting TEL price | TEL will decline at least -0.7% in a week (0% probabilities). VXX(-58%) VIXM(-51%) TBT(-21%) UUP(-18%) USO(-2%) |
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 | 1.4 () |
Intraday Trend | -0.3% |
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