| IYT latest price $251.6800 (0.54%) ($249.8300 - $252.1250) on Wed. Aug. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 38 |
Latest Price | $251.6800(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.3% a day on average for past five trading days. |
Weekly Trend | IYT declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLI(88%) IVE(85%) IWD(84%) VT(84%) PAVE(83%) |
Factors Impacting IYT price | IYT will decline at least -0.525% in a week (0% probabilities). VXX(-60%) VIXM(-53%) UUP(-27%) TBT(-24%) USO(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.525% (StdDev 1.05%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
| |
|
|