TE Connectivity Ltd. (TEL) Shares are Up 1.08%

TE Connectivity Ltd. (TEL) : Traders are bullish on TE Connectivity Ltd. (TEL) as it has outperformed the S&P 500 by a wide margin of 5.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.08% in the last 1 week, and is up 5.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.77% and the fifty day Moving Average is 6.28%. TE Connectivity Ltd. is up 6.54% in the last three month period. Year-to-Date the stock performance stands at -1.66%.

TE Connectivity Ltd. (TEL) : The consensus price target for TE Connectivity Ltd. (TEL) is $67.17 for the short term with a standard deviation of $4.36. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $75, however, the pessimist price target for the company is $63.


TE Connectivity Ltd. (NYSE:TEL): stock turned positive on Friday. Though the stock opened at $63.5, the bulls momentum made the stock top out at $64.15 level for the day. The stock recorded a low of $63.28 and closed the trading day at $63.54, in the green by 0.33%. The total traded volume for the day was 1,644,490. The stock had closed at $63.33 in the previous days trading.

TE Connectivity Ltd. (TE Connectivity) is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates its business through three segments: Transportation Solutions, which offers various products, including terminals and connector systems and components, relays, circuit protection devices, sensors, and application tooling, among others; Industrial Solutions, which include terminals and connector systems and components, heat shrink tubing, relays, wire and cable, and Communications Solutions, which include terminals and connector systems and components, circuit protection devices, antennas, relays and heat shrink tubing. It markets its products to manufacturers and distributors in a number of markets, which include automotive, industrial equipment and consumer devices.

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