| TEL latest price $141.2400 (-0.8%) ($140.9150 - $142.1800) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 82 |
Latest Price | $141.2400(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TEL advances 0.2% a day on average for past five trading days. |
Weekly Trend | TEL advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(78%) IVE(75%) VT(74%) XHB(74%) IWD(73%) |
Factors Impacting TEL price | TEL will decline at least -0.665% in a week (0% probabilities). VXX(-60%) VIXM(-54%) TBT(-29%) UUP(-22%) USO(-9%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.6% |
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