TE Connectivity Shares Rise Above 200-Day Moving Average

In an encouraging market movement, TE Connectivity shares have crossed above the significant 200-day moving average of $148.69, reaching $150.82. This upward trend reflects a 2.5% increase in value, which may bode well for investors.

Date: 13-02-2025

AI Rating: 7

Market Performance: TE Connectivity plc (TEL) shares have recently demonstrated strong market performance. The price movement above the 200-day moving average indicates positive momentum, which is often viewed favorably by investors.

Current Share Price: As per the reported data, TEL shares were trading at $150.82, providing a 2.5% increase on the trading day. This is a significant upward trend.

52-Week Range: The 52-week low for TEL is reported at $137.61, while the high point is $159.98. The current price of $150.83 positions the stock favorably within this range, which is likely to attract further interest.

Overall, the report reflects a positive sentiment regarding TE Connectivity shares, as crossing above the 200-day moving average is often interpreted as a bullish signal for future price increases.

Stocks: TEL