TE CONNECTIVITY PLC (TEL) Stock Technical Analysis
NYSE:TEL - New York Stock Exchange, Inc. - IE000IVNQZ81 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TEL. Both in the recent history as in the last year, TEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TEL is one of the better performing stocks in the market, outperforming 87% of all stocks.
TEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TEL has an average volume of 1878010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEL is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, TEL did better than 64% of them.
TEL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 208.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 202.54, a Stop Loss order could be placed below this zone.
More info and screens
122.40
211.44
We found 2 important support areas.
- A support zone ranging from 199.15 to 202.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 208.07 to 209.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEL is up. |
| ChartMill Relative Strength | 87.53 | POSITIVE | TEL has a high relative strength, it outperformed 87.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.02 | OVERBOUGHT | The high RSI value suggests TEL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests TEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.16 | NEUTRAL | The Stochastics value for TEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TEL suggests some volalility. |
| Average Directional Index/ADX (14) | 42.26 | POSITIVE | The high ADX value value for TEL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 209.36 | 199.21 | 10.15 (4.85%) | 20.63% |
| An entry @209.36. This is a Buy Stop order right above the resistance zone. | An exit @199.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.15 points, which is 4.85%. | When investing 20.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
206.29
+2.15 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.05%
1 Week3.12%
2 Weeks-0.19%
1 Month16.96%
3 Month25.79%
6 Month35.03%
12 Month38.05%
2 Year55.82%
3 Year63.45%
5 Year113.55%
10 Year247.93%
15 Year741.31%
Volatility
ATR(14)3.94
ATR(20)%2.34%
ATR Inc-30.78%
Range Today2.81
ADR(20)4.24
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.53
Mansfield2.11
10 Day High208.36
10 Day Low199.22
20 Day High212.76
20 Day Low175.28
52 Week High212.76
52 Week Low116.3
CS1 End202.54
CR1 Start208.07
Volume & EV
DER(3)0.59%
DER(5)-0.37%
Volume1.39M
Volume Incr-41.32%
Vol(5)1.35M
Vol(50)1.88M