| IYT latest price $267.1150 (0.17%) ($265.7700 - $267.8500) on Mon. Jul. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 69 |
Latest Price | $267.1150(0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.5% a day on average for past five trading days. |
Weekly Trend | IYT advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLI(85%) IVE(82%) IWD(82%) VT(82%) IWM(81%) |
Factors Impacting IYT price | IYT will decline at least -0.535% in a week (0% probabilities). VXX(-61%) VIXM(-53%) UUP(-28%) TBT(-26%) USO(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.535% (StdDev 1.07%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.5% |
| |
|
|