The Hourly View for TEL
At the time of this writing, TEL (Get Ratings)’s price is down $-0.4 (-0.3%) from the hour prior. The hourly chart shows that TEL has seen 3 straight down hours. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Wholesale stocks, TEL ranks 85th in regards to today’s price percentage change.
TEL’s Technical Outlook on the Daily Chart
Currently, TEL’s price is down $-1.96 (-1.46%) from the day prior. The daily chart shows that TEL has seen 2 straight down days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 20 day moving average has been crossed, with price now being below it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. TE Connectivity Ltd’s price action over the past 90 days can be seen via the chart below.
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