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TE Connectivity Ltd Breaks Above 200-Day Moving Average - Bullish for TEL

By Dividend Channel Staff, Tuesday, January 10, 11:58 AM ET
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In trading on Tuesday, shares of TE Connectivity Ltd (NYSE:TEL) crossed above their 200 day moving average of $33.23, changing hands as high as $34.09 per share. TE Connectivity Ltd shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of TEL shares, versus its 200 day moving average:

TE Connectivity Ltd 200 Day Moving Average Chart

Looking at the chart above, TEL's low point in its 52 week range is $26.58 per share, with $38.59 as the 52 week high point — that compares with a last trade of $33.96.


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TEL operates in the Electronic Equipment & Products sector, among companies like JDS Uniphase Corp (NASDAQ:JDSU) which is off about 0.1% today, and Thomas & Betts Corp. (TNB) trading higher by about 1.2%. Below is a three month price history chart comparing the stock performance of TEL, versus JDSU and TNB.

TEL,JDSU,TNB Relative Performance Chart

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