TE CONNECTIVITY PLC (TEL) Technical Analysis
NYSE:TEL • IE000IVNQZ81
Current stock price
TEL Technical Rating and Analysis
Overall TEL gets a technical rating of 1 out of 10. TEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TEL has a been trading in the 191.12 - 245.00 range, which is quite wide. It is currently trading near the lows of this range.
- TEL has an average volume of 2336090 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 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- TEL is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, TEL did better than 52% of them.
- TEL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TEL is lagging the market slightly.
TEL Weekly and Daily overview Charts
TEL Setup Rating and Analysis
TEL has a poor technical rating and the quality of the setup is also only medium 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
TEL Support and Resistance Analysis
193.87
When analyzing the support we notice one important area.
- A support zone ranging from 195.83 to 195.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @241.92 from a horizontal line in the daily time frame.
- Resistance @249.00 from a horizontal line in the daily time frame.
TEL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TEL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEL is down. |
| ChartMill Relative Strength | 74.86 | POSITIVE | TEL has a high relative strength, it outperformed 74.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEL is below 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 | MIXED | The current price of TEL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.43 | NEUTRAL | The RSI value for TEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.01 | NEGATIVE | The MACD value suggests TEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.41 | OVERSOLD | The low Stochastics value suggests TEL may be oversold. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TEL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for TEL suggests a possible start of a new trend. |
TEL Chart- and CandleStick Pattern Analysis
TEL Technicals: Chart, Performance Metrics, Trend & Indicators
195.84
-2.55 (-1.29%)
TE CONNECTIVITY PLC / TEL TA FAQ
Can you provide the ChartMill technical rating for TE CONNECTIVITY PLC?
ChartMill assigns a technical rating of 1 / 10 to TEL.
What is the trend direction for TEL stock?
The current trend direction for TE CONNECTIVITY PLC (TEL) is Bearish.
Can you provide the RSI signal for TE CONNECTIVITY PLC?
TE CONNECTIVITY PLC (TEL) has an RSI value of 35.4318. This indicates that the stock is currently neutral.
What is the buy/sell signal for TEL stock?
The buy/sell signal for TE CONNECTIVITY PLC (TEL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TE CONNECTIVITY PLC (TEL) stock?
TE CONNECTIVITY PLC (TEL) has a support level at 195.83 and a resistance level at 241.92. Check the full technical report for our detailed analysis of TEL support and resistance levels.