Stock Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
TE Connectivity (NYSE:TEL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TEL
The long term trend has been DOWN since Apr 30th, 2018 at 92.480
The intermediate term trend has been DOWN since Nov 19th, 2018 at 74.635
The short term trend has been UP since Dec 12th, 2018 at 75.640
Smart Scan Analysis for TEL
Based on a pre-defined weighted trend formula for chart analysis, TEL scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||108.23||Year High Date||2018-01-24|
|Year Low||73.26||Year Low Date||2018-11-20|
|52wk High||108.23||52wk High Date||2018-01-24|
|52wk Low||73.26||52wk Low Date||2018-11-20|
|Year End Close||37.12||Average Volume||2,320,074|
|Shares Outstanding||420,261||Short Interest||4,718,784|