Based on the provided data and current market conditions, here's a price prediction analysis for TE Connectivity (TEL) stock in 2025:
TEL stock is projected to reach $165-170 by end of 2025, driven by strong fundamentals and technical indicators. The company's solid financial performance with healthy margins (32.36% gross margin) and robust ROE (22.64%) supports this bullish outlook.
The stock is currently trading at $153.96 in pre-market [Relevant Data], showing technical strength with RSI at 60.05 and positive MACD indicators. The stock is trading above all major moving averages (SMA 5: $154.71, SMA 20: $150.00, SMA 200: $148.81), indicating strong upward momentum.
The upcoming Q4 and full-year 2024 results announcement scheduled for March 4, 2025 could serve as a potential catalyst for the stock's next move. The Fibonacci levels suggest strong support at $146.85 with resistance at $155.77, indicating room for upward movement.