Trading Signals: IYT Stock Price Prediction and Forecast

^ IYT: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Tue. Nov. 3, 2020

Trading Signals: IYT Stock Price Prediction and Forecast (Tue. Aug. 18, 2015 - Wed. Feb. 24, 2021)

(iShares Transportation Average ETF)
IYT latest price $203.8300 (3.03%) ($200.7300 - $204.6500) on Tue. Nov. 3, 2020.

Trend Analysis and Forecast

Trend Pattern   Confirmed Rebound
Trend Narrative   After Bottom
Average Daily Price Swing   $5.2 (2.53% one month average)
Average Daily Percentage Swing   1.34% (three month average)
Weekly Trend Force   -0.2% (StdDev 1.34%)
Daily Moving Force   1%
Rebound Strength   None(0%)
Trend   -0.44%
Trend Strength   -1.7%
RSI   42
Momentum   1.9
Latest Price   $203.8300(3.03%)
Forecasted Low Price   203.01(-0.4%)
Forecasted High Price   206.07(1.1%)
Direction of Next Movement   Higher(1.9%)
% Change Needed to Confirm Rebound   0.4% ((204.69))
% Change Needed for Trend Reversal   -0.2%
Hourly Trend 1.5% [$200.18(3.01), $198.25(1.73)]
Stocks Behave Similarly   Similar Stock List
Complacency   2
Intraday Reversal Probability   N/A.
Daily Trend   IYT advances 0.2% a day on average for past five trading days.
Weekly Trend   IYT declines -2.9% 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 IYT advance at 0.5% a week (90% probability)
XLI(91%)    IWD(86%)    IVE(85%)    VYM(84%)    XLB(82%)
Factors Impacting IYT price   IYT will advance at least 0.6% in a week (51% probabilities).
VXX(-62%)    VIXM(-58%)    SHY(-45%)    TLT(-43%)    BND(-36%)
Trading Plan   Not Available

Valuation to SPY 0.7

Relative Volatility 1 (options are expensive)

Market Trend Strength   0.9% (StdDev 1.34%)
Hourly BBV 1.6 ()
Intraday Trend 1.5%

Next Day Open Price   $204.89(0.52%)
Resistance Level   $205.58
5 Day Moving Average   $197.97(2.96%)
10 Day Moving Average   $202.09(0.86%)
20 Day Moving Average   $205.58(-0.85%)
To recent high   -4%
To recent low   15%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. IYT price fluctuates within 2.53% (three month std-dev: 1.34% one year average std_dev: 0%) daily (68% of days).
$. IYT price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201203

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_3_2020	205.58 (-0%)	202.09 (-0.6%)	197.97 (0.2%)	198.25	200.18(0%)	203.83(3.03%)	200.73-204.65	-1.5(-0.3)	1.6	1%	-0.2%	0%	-0.44%	-1.7%	42	1.9	Confirmed Rebound	Higher(0.8%)	2	0.7	-1.6	After Bottom	202.38(-0.71%)	199.19-204.99	0.35	-4%-15%
2	Nov_2_2020	205.5 (-0.2%)	202.61 (-0.6%)	197.65 (-0.7%)	196.52	197.17(0%)	197.84(0.63%)	195.87-199.05	-1.7(-1.5)	-0.7	-0.2%	-0.4%	0%	-0.44%	-1.4%	38	2	Rebound	Range(-0.6%)	1	-0.8	-2.5	Downtrend	195.76(-1.05%)	194.33-199.09	0.49	-6.8%-11.6%
3	Oct_30_2020	205.84 (-0%)	203.56 (-0.6%)	199.13 (-1.4%)	198.07	196.32(0%)	196.61(-0.67%)	194.28-198.14	-1.6(-1.8)	-3	-0.5%	-0.5%	0%	-0.4%	-1.1%	34	1.9	Growing Downtrend	Lower(-0.7%)	0	0	-2.2	Growing Downtrend	195.02(-0.81%)	193.46-198.07	0.17	-7.4%-12.1%
4	Oct_29_2020	206.09 (0%)	204.88 (-0.4%)	201.88 (-1%)	200.5	195.87(0%)	197.93(2.22%)	193.58-199.61	-1.1(-1.7)	-1.3	-1.7%	-0.5%	0%	-0.3%	-0.6%	36	1.8	Downtrend Pop	Lower(-2.2%)	1	-0.4	-2.4	Correction	192.21(-2.89%)	191.31-195.8	0.25	-6.8%-12.8%
5	Oct_28_2020	206.21 (0%)	206.33 (-0.2%)	203.86 (-1.4%)	203.82	199.82(0%)	193.63(-4.27%)	193.57-197.54	-0.7(-2.6)	-2.5	-2%	-0.7%	0%	-0.18%	0.1%	33	1.8	Oversold	Range(-0.6%)	2	-1.7	-2.4	Correction	188.94(-2.42%)	188.17-192.04	0.43	-8.8%-12.8%

6	Oct_27_2020	206.59 (0.2%)	208.14 (-0.2%)	206.65 (-0.7%)	206.85	205.13(0%)	202.26(-1.45%)	202.13-205.99	-0(-1)	-2.1	-1%	-0.2%	0%	-0.04%	0.8%	44	1.7	Growing Downtrend	Range(-0.5%)	2	-0.8	-0.6	Correction	199.85(-1.19%)	199.35-201.84	0.29	-4.7%-17.8%
7	Oct_26_2020	206.53 (0.2%)	208.84 (0%)	208.19 (-0.2%)	208.07	207.83(0%)	205.23(-2.44%)	203.1-208.56	0.4(-0.3)	-1.7	-0.3%	-0.2%	0%	0.08%	1.1%	59	1.8	Downtrend Reversal	Higher(0.7%)	3	0.3	-0.2	N/A	205.89(0.32%)	205.55-206.18	0.93	-3.3%-19.5%
8	Oct_23_2020	206.42 (0.2%)	209.37 (0.2%)	208.58 (0.1%)	208.94	208.58(0%)	210.36(1.21%)	208.15-210.43	0.7(0.9)	0.5	0.1%	0.1%	0%	0.14%	1.4%	63	1.9	Growing Uptrend	Range(0.2%)	4	0.9	0.8	Uptrend	211.12(0.36%)	209.68-211.72	0.17	-0.9%-22.5%
9	Oct_22_2020	205.89 (0.2%)	209.31 (0.2%)	208.41 (-0.4%)	208.8	208.31(0%)	207.84(0.13%)	206.1-209.05	0.7(0.4)	-1	-0.5%	0.1%	0%	0.2%	1.7%	66	2.1	Downtrend Reversal	Range(-0.4%)	5	0	0.6	Uptrend Consolidation	207.4(-0.21%)	206.88-208.96	0.21	-2.1%-21%
10	Oct_21_2020	205.37 (0.2%)	209.37 (0.4%)	209.3 (-0.3%)	209.68	209.31(0%)	207.57(-1.14%)	207.32-210.91	0.9(0.4)	-1.5	-0.1%	0.1%	0%	0.3%	2%	67	2.2	Correction	Higher(0.6%)	6	0.5	0.1	Uptrend Consolidation	207.42(-0.07%)	206.8-209.27	0.16	-2.2%-20.9%

11	Oct_20_2020	204.84 (0.2%)	209.36 (0.4%)	209.89 (0.1%)	210	209.3(0%)	209.96(1.36%)	208.07-212.56	1.1(1)	-0.2	-0.2%	0.3%	0%	0.36%	2.2%	71	2.3	Correction	Range(0.1%)	7	1.5	0.2	Uptrend	212.08(1.01%)	209.04-213.39	0.23	-1.1%-22.3%
12	Oct_19_2020	204.29 (0.2%)	208.6 (0.4%)	209.62 (-0.3%)	210.07	210.06(0%)	207.15(-1.14%)	206.68-212.42	1.2(0.6)	-2.8	-0.2%	0.2%	0%	0.36%	2.1%	65	2.2	Correction Correction	Higher(0.6%)	8	0.6	1.2	Uptrend	209.2(0.99%)	206.62-210.3	0.39	-2.4%-20.6%
13	Oct_16_2020	203.83 (0.2%)	208.28 (0.6%)	210.24 (-0%)	210.1	210.71(0%)	209.53(-1.31%)	209.53-212.84	1.5(1.1)	-0.2	0.1%	0.4%	0%	0.4%	2.2%	63	2.2	Uptrend Dip	Higher(1.2%)	8	0	0.9	After Top	211.14(0.77%)	206.37-215.07	0.34	-1.3%-22%
14	Oct_15_2020	203.45 (0.2%)	207.39 (0.6%)	210.3 (0.4%)	210.05	210.09(0%)	212.31(0.86%)	207.41-212.52	1.8(1.8)	2.2	0.2%	0.5%	0%	0.42%	1.9%	73	2.2	Growing Uptrend	Higher(0.7%)	7	1.3	0.7	Uptrend	214.56(1.06%)	210.76-216.19	0.25	0%-23.6%
15	Oct_14_2020	203.03 (0.2%)	206.04 (0.6%)	209.48 (0.3%)	209.93	209.5(0%)	210.5(0.91%)	208.77-211.76	1.8(1.6)	2.4	%	0.4%	0%	0.42%	1.5%	74	2	Growing Uptrend	Range(0.4%)	6	0.4	0.9	Uptrend	212.56(0.98%)	209.08-214.05	0.27	0%-25.5%

16	Oct_13_2020	202.71 (0.2%)	204.9 (0.6%)	208.78 (0.7%)	209.4	210(0%)	208.6(-0.78%)	208.12-210.63	1.9(1.4)	1.3	0.2%	0.3%	0%	0.42%	1.1%	73	1.8	Growing Uptrend	Higher(0.9%)	7	-1.2	0.9	Growing Uptrend	211.02(1.16%)	207.62-211.87	0.22	-0.8%-26.5%
17	Oct_12_2020	202.41 (0.2%)	204.04 (0.4%)	207.38 (0.7%)	208.64	210.37(0%)	210.24(0.17%)	209.94-211.84	1.8(1.9)	2.5	0.8%	0.4%	0%	0.38%	0.8%	69	1.7	Growing Uptrend	Higher(1.2%)	7	-1.1	1.3	Uptrend	211.88(0.78%)	208.88-213.16	0.1	0%-27.5%
18	Oct_9_2020	201.96 (0.2%)	203.19 (0.4%)	206.01 (1%)	206.76	208.8(0%)	209.87(0.82%)	208.35-210.9	1.7(2.2)	3.2	0.9%	0.5%	0%	0.36%	0.6%	70	1.5	Growing Uptrend	Higher(1.4%)	7	0.5	1.1	Growing Uptrend	211.57(0.81%)	208.55-212.32	0.27	0%-29.5%
19	Oct_8_2020	201.43 (0.2%)	202.11 (0.2%)	204.03 (1%)	204.83	206.9(0%)	208.17(0.57%)	206.13-208.65	1.3(2.1)	2.9	1.1%	0.5%	0%	0.26%	0.3%	56	1.3	Growing Uptrend	Higher(1.6%)	6	0.6	1.1	Growing Uptrend	209.27(0.53%)	207.01-209.83	0.22	0%-28.5%
20	Oct_7_2020	200.92 (0%)	200.94 (0.2%)	202.11 (0.8%)	202.29	204.72(0%)	207(2.67%)	204.13-207.74	0.8(2.1)	2.7	0.9%	0.4%	0%	0.1%	0%	50	1.2	Breakout	Higher(1.3%)	5	0.9	0.7	Growing Uptrend	207.37(0.18%)	205.91-207.73	0.2	0%-27.8%

21	Oct_6_2020	200.52 (0%)	199.86 (-0%)	200.49 (0.2%)	200.66	202.76(0%)	201.62(-0.86%)	201.53-206.17	0.2(0.4)	0.2	0.9%	0.1%	0%	-0.02%	-0.3%	42	1.1	N/A Downtrend Pop	Higher(1.4%)	4	0.2	0.3	Range Bound	201.44(-0.09%)	201.36-201.49	0.31	-1.8%-24.4%
22	Oct_5_2020	200.28 (0%)	199.58 (-0.2%)	200.18 (0.1%)	199.87	199.86(0%)	203.37(1.7%)	200.54-203.78	0.1(1.2)	1	0.4%	0.3%	0%	-0.08%	-0.3%	48	1.1	Uptrend Reversal	Higher(0.7%)	3	-0.3	0.5	Downtrend	203.04(-0.16%)	203.1-202.9	0.11	-0.9%-25.5%
23	Oct_2_2020	200.05 (-0%)	198.96 (-0.2%)	199.99 (0.1%)	199.73	198.56(0%)	199.97(0.71%)	194.26-201.75	-0.1(-0)	-0.4	-0.5%	-0.1%	0%	-0.12%	-0.5%	46	1.1	Downtrend Pop	Lower(-0.6%)	3	0.2	0.7	Downtrend	199.69(-0.14%)	199.58-199.97	0.32	-2.6%-23.4%
24	Oct_1_2020	199.96 (-0%)	199.17 (-0.2%)	199.9 (0.2%)	200.96	199.87(0%)	198.57(-0.18%)	197.41-200.93	-0.1(-0.5)	-0.8	-0.2%	-0.2%	0%	-0.1%	-0.4%	48	1.1	Growing Downtrend	Range(-0.3%)	3	-0.5	0.9	Downtrend	198.35(-0.11%)	198.18-198.77	0.16	-3.3%-22.6%
25	Sep_30_2020	200.18 (0%)	199.78 (-0.2%)	199.53 (0.3%)	200.54	200.89(0%)	198.93(-0.55%)	197.66-203.13	-0.2(-0.5)	-0.8	-0.1%	-0.2%	0%	-0.08%	-0.2%	52	1.1	Growing Downtrend	Range(-0%)	4	-0.1	0.8	Correction	197.38(-0.78%)	197.06-198.66	0.36	-3.1%-22.8%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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