(iShares U.S. Infrastructure ETF)
| IFRA latest price $40.4800 (1.73%) ($39.9400 - $40.5200) on Tue. Dec. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 82 |
Latest Price | $40.4800(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IFRA advances 1% a day on average for past five trading days. |
Weekly Trend | IFRA advances 2.6% 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(97%) IWM(95%) ARKG(92%) IPO(91%) TAN(91%) |
Factors Impacting IFRA price | IFRA will decline at least -0.595% in a week (0% probabilities). EDOC(-56%) TBT(-36%) VIXM(-26%) UUP(-20%) URA(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.595% (StdDev 1.19%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.4% |
| |
|
|