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Archive - 6/5/2026 - Sign In to see current Signals. |
TE Connectivity Ltd. (TEL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the TE Connectivity Ltd. (TEL). During the week, the TEL gave back -0.76 points, or -0.36%, and closed at 212.65 on Friday, June 5, 2026. TEL was trading at average weekly trading volume. TEL is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TEL long-term trend chart] A long-term uptrend had started on March 9, 2009 at 7.40 and reached 252.56 on April 21, 2026. TEL gained -245.16 points, or -3312.97%, in 893 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 128.69 and resistance is at 228.37. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See TEL medium-term trend chart] A medium-term downtrend had started on April 21, 2026 at 252.56 and reached 193.75 on May 19, 2026. TEL lost 58.81 points, or 23.29%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (186.77) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See TEL weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 21, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See TEL short-term trend chart] A short-term uptrend had started on May 19, 2026 at 193.75 and reached 223.76 on June 4, 2026. TEL gained -30.01 points, or -15.49%, in 16 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See TEL daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 22, 2026. This is an indication that the short-term trend is up. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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