TE CONNECTIVITY PLC (TEL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TEL - IE000IVNQZ81 - Common Stock
Overall TEL gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
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212.33
2 important support areas can be observed.
- A support zone ranging from 218.92 to 219.14. 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.
We found 1 important resistance area.
- 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 | 89.81 | POSITIVE | TEL has a high relative strength, it outperformed 89.81% 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) | 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) | 50.84 | NEUTRAL | The RSI value for TEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests TEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.15 | NEUTRAL | The Stochastics value for TEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for TEL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for TEL suggests a possible start of a new trend. |
230.8
+1.25 (+0.54%)
TE CONNECTIVITY PLC / TEL FAQ
Can you provide the ChartMill technical rating for TE CONNECTIVITY PLC?
ChartMill assigns a technical rating of 8 / 10 to TEL.
What is the current trend direction of TE CONNECTIVITY PLC (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 50.8436. This indicates that the stock is currently neutral.
What is the MACD signal for TEL stock?
The MACD indicator for TE CONNECTIVITY PLC (TEL) has a value of -0.63011, indicating a bearish trend.
What is the support and resistance level for TEL stock?
TE CONNECTIVITY PLC (TEL) has a support level at 219.14 and a resistance level at 247.02. Check the full technical report for our detailed analysis of TEL support and resistance levels.