| IYT latest price $200.7800 (-1.5%) ($200.6700 - $206.4100) on Wed. Nov. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 37 |
Latest Price | $200.7800(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.7% a day on average for past five trading days. |
Weekly Trend | IYT declines -2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) IVE(85%) IWD(85%) PAVE(85%) DIA(82%) IWM(81%) |
Factors Impacting IYT price | IYT will decline at least -0.68% in a week (0% probabilities). VIXM(-48%) UUP(-25%) VXX(-18%) EDOC(-9%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | -0.1 () |
Intraday Trend | -1.1% |
| |
|
|