TE CONNECTIVITY PLC (TEL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TEL - IE000IVNQZ81 - Common Stock
231.6 USD
+3.57 (+1.57%)
231.6 USD
0 (0%)
Overall TEL gets a technical rating of 7 out of 10. In the last year, TEL was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TEL has a been trading in the 221.25 - 247.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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. On top of that, TEL also shows a nice and consistent pattern of rising prices.
TEL is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 75% of 125 stocks in the same industry.
TEL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TEL is lagging the market slightly.
TEL has an average volume of 1949820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TEL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
212.33
251.50
We found 3 important support areas.
- A support zone ranging from 228.27 to 230.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 218.92 to 221.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 214.47 to 214.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 233.51 to 233.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 247.02 to 249.01. 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 | NEUTRAL | NEUTRAL | The short term trend for TEL is neutral. |
| ChartMill Relative Strength | 88.97 | POSITIVE | TEL has a high relative strength, it outperformed 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEL is below a declining 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) | 50.88 | NEUTRAL | The RSI value for TEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.31 | 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) | 11.62 | NEGATIVE | The low ADX value for TEL suggests a weak or negative 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)
231.6
+3.57 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.57%
1 Week-0.69%
2 Weeks-0.13%
1 Month-5.13%
3 Month7.94%
6 Month30.77%
12 Month64.36%
2 Year62.88%
3 Year82.15%
5 Year92.36%
10 Year305.18%
15 Year539.25%
Volatility
ATR(14)4.77
ATR(20)%2.34%
ATR Inc24.28%
Range Today6.03
ADR(20)5.32
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.97
3 months CRS70.97
6 months CRS86.67
Mansfield1.26
10 Day High237.17
10 Day Low221.26
20 Day High247.22
20 Day Low221.26
52 Week High250.67
52 Week Low116.3
CS1 End230.81
CR1 Start233.51
Volume & EV
DER(3)3.85%
DER(5)2.94%
Volume944.70K
Volume Incr-10.81%
Vol(5)1.58M
Vol(50)1.95M
TE CONNECTIVITY PLC / TEL FAQ
Can you provide the ChartMill technical rating for TE CONNECTIVITY PLC?
ChartMill assigns a technical rating of 7 / 10 to TEL.
What is the trend direction for TEL stock?
The current trend direction for TE CONNECTIVITY PLC (TEL) is Bullish.
Can you provide the RSI signal for TE CONNECTIVITY PLC?
TE CONNECTIVITY PLC (TEL) has an RSI value of 50.8827. This indicates that the stock is currently neutral.
What is the support and resistance level for TEL stock?
TE CONNECTIVITY PLC (TEL) has a support level at 230.81 and a resistance level at 233.51. Check the full technical report for our detailed analysis of TEL support and resistance levels.