RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TEL
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TE Connectivity Ltd stock downgraded from Buy Candidate to Strong Sell Candidate after Friday trading session.
(Updated on Jul 19, 2024)

Sell candidate since Jul 19, 2024 PDF

The TE Connectivity Ltd stock price fell by -3.71% on the last day (Friday, 19th Jul 2024) from $156.49 to $150.69. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.28% from a day low at $150.59 to a day high of $157.04. The price has risen in 6 of the last 10 days and is up by 0.84% over the past 2 weeks. Volume has increased on the last day by 748 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $329.19 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $149.89 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 7.95% during the next 3 months and, with a 90% probability hold a price between $161.81 and $172.97 at the end of this 3-month period.

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TEL Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The TE Connectivity Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $155.81 and $150.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -5.62%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for TE Connectivity Ltd stock

TE Connectivity Ltd finds support from accumulated volume at $147.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $6.45 (4.28%) between high and low. For the last week, the stock has had daily average volatility of 2.16%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TEL) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect TE Connectivity Ltd to open at $152.77, and during the day (based on 14 day Average True Range), to move between $147.93 and $153.45, which gives a possible trading interval of +/-$2.76 (+/-1.83%) up or down from last closing price. If TE Connectivity Ltd takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $151.10 (0.27%) than the support at $147.84 (1.89%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

TE Connectivity Ltd will release earnings BMO on Wednesday, July 24, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.86. We will update the financials statements for TE Connectivity Ltd, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.60% in the first trading day after earnings release.

Is TE Connectivity Ltd stock A Buy?

The TE Connectivity Ltd stock holds several negative signals and despite the positive trend, we believe TE Connectivity Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.

Current score: -5.413 Strong Sell Candidate Downgraded

Predicted Opening Price for TE Connectivity Ltd of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$152.77 ( 1.38%) $150.69

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TEL

Fibonacci Support & Resistance Levels

Level Price
R3 159.22 5.66%
R2 156.76 4.03%
R1 155.24 3.02%
Price 150.69
S1 150.31 -0.253%
S2 148.79 -1.26%
S3 146.32 -2.90%

Accumulated Volume Support & Resistance Levels

Level Price
R3 157.05 4.22%
R2 152.00 0.87%
R1 151.10 0.272%
Price 150.69
S1 147.84 -1.89%
S2 140.48 -6.78%
S3 140.00 -7.09%

TEL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Aug 23, 2024 Sep 06, 2024 $0.650 0.431%
2 Aug 22, 2024 Aug 22, 2024 Aug 22, 2024 $0 0%
3 Mar 13, 2024 May 23, 2024 Jun 07, 2024 $0.650 0.436%
4 Mar 21, 2023 Feb 15, 2024 Mar 01, 2024 $0.590 0.410%
5 Mar 15, 2023 Nov 16, 2023 Dec 01, 2023 $0.590 0.447%

FAQ

What is the symbol for TE Connectivity Ltd Stock and on which exchange is it traded?
The symbol for TE Connectivity Ltd is TEL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell TE Connectivity Ltd Stock?
The TE Connectivity Ltd stock holds several negative signals and despite the positive trend, we believe TE Connectivity Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.

How to buy TE Connectivity Ltd Stock?
TE Connectivity Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy TE Connectivity Ltd Stock.

What's the current price of TE Connectivity Ltd Stock?
As of the end of day on the Jul 19, 2024, the price of an TE Connectivity Ltd (TEL) share was $150.69.

What is the 52-week high and low for TE Connectivity Ltd Stock?
The 52-week high for TE Connectivity Ltd Stock is $159.75 and the 52-week low is $115.00.

What is the market capitalization of TE Connectivity Ltd Stock?
As of the Jul 19, 2024, the market capitalization of TE Connectivity Ltd is 46.146B.

When is the next earnings date for TE Connectivity Ltd?
The upcoming earnings date for TE Connectivity Ltd is Jul 24, 2024.
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About TE Connectivity Ltd

TE Connectivity Ltd TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, heat shrink tubing, an... TEL Profile

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