(iShares U.S. Infrastructure ETF)
| IFRA latest price $37.3000 (2.14%) ($36.7500 - $37.3600) on Wed. May. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 47 |
Latest Price | $37.3000(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IFRA advances 0.5% a day on average for past five trading days. |
Weekly Trend | IFRA declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IFRA advance at 0% a week (0% probability) IWM(88%) IWN(88%) SDY(88%) IWD(86%) IWO(85%) |
Factors Impacting IFRA price | IFRA will decline at least -0.585% in a week (0% probabilities). VXX(-50%) VIXM(-42%) TBT(-26%) UUP(-24%) SMH(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.5% |
| |
|
|