| TEL latest price $143.4900 (0.5%) ($142.5000 - $143.4900) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 58 |
Latest Price | $143.4900(0.5%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TEL advance at 0% a week (0% probability) PAVE(79%) IVE(77%) IWD(75%) VT(75%) SPY(74%) |
Factors Impacting TEL price | TEL will decline at least -0.61% in a week (0% probabilities). VXX(-61%) VIXM(-55%) TBT(-29%) UUP(-20%) 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 | -0.61% (StdDev 1.22%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.5% |
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