(iShares U.S. Infrastructure ETF)
| IFRA latest price $36.3250 (2.35%) ($35.5900 - $36.3700) on Thu. Nov. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 50 |
Latest Price | $36.3250(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IFRA advances 0.8% a day on average for past five trading days. |
Weekly Trend | IFRA declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IFRA advance at 0% a week (0% probability) IWN(94%) IWM(93%) SDY(91%) IWO(90%) IWD(89%) |
Factors Impacting IFRA price | IFRA will decline at least -0.5% in a week (0% probabilities). TBT(-37%) VXX(-29%) UUP(-27%) VIXM(-18%) USO(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.1% |
| |
|
|