| TEL latest price $124.6000 (-0.66%) ($123.5700 - $125.9500) on Thu. Oct. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 54 |
Latest Price | $124.6000(-0.66%) |
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 0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(82%) SMH(82%) XHB(79%) IVE(77%) IFRA(76%) |
Factors Impacting TEL price | TEL will decline at least -0.53% in a week (0% probabilities). VXX(-55%) VIXM(-50%) TBT(-29%) GLD(-22%) UUP(-16%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | -0 () |
Intraday Trend | -0.9% |
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