TE CONNECTIVITY PLC (TEL) Stock Technical Analysis
NYSE:TEL - New York Stock Exchange, Inc. - IE000IVNQZ81 - Common Stock - Currency: USD
Overall TEL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by TEL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TEL has a been trading in the 166.58 - 206.35 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TEL has an average volume of 1810020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TEL is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TEL is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, TEL did better than 67% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
122.16
207.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 175.43 to 177.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @123.39 from a trend line in the weekly time frame.
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 | 88.62 | POSITIVE | TEL has a high relative strength, it outperformed 88.62% 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) | 89.16 | OVERBOUGHT | The high RSI value suggests TEL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.56 | POSITIVE | The MACD value suggests TEL has a positive trend. |
| Stochastics (14,3) | 96.74 | OVERBOUGHT | The high Stochastics value suggests TEL may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for TEL suggests low volalility. |
| Average Directional Index/ADX (14) | 40.06 | 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)
205.6
+3.56 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.76%
1 Week15.71%
2 Weeks17.47%
1 Month22.48%
3 Month42.41%
6 Month32.91%
12 Month31.47%
2 Year43.29%
3 Year53.74%
5 Year130.83%
10 Year237.49%
15 Year661.48%
Volatility
ATR(14)4.55
ATR(20)%1.99%
ATR Inc389.58%
Range Today6.79
ADR(20)3.75
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
Mansfield2.41
10 Day High206.35
10 Day Low173.54
20 Day High206.35
20 Day Low166.58
52 Week High206.35
52 Week Low116.3
CS1 End177.16
CR1 StartN/A
Volume & EV
DER(3)2.58%
DER(5)0.38%
Volume3.27M
Volume Incr107.53%
Vol(5)3.48M
Vol(50)1.81M