| IYT latest price $251.3800 (2.82%) ($244.2200 - $251.7400) on Fri. Dec. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 90 |
Latest Price | $251.3800(2.82%) |
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 advances 2.1% 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% a week (0% probability) XLI(91%) PAVE(83%) XRT(83%) JETS(86%) IWM(82%) |
Factors Impacting IYT price | IYT will decline at least -0.615% in a week (0% probabilities). VIXM(-40%) VXX(-29%) SHY(-22%) UUP(-7%) BNDX(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.615% (StdDev 1.23%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.9% |
| |
|
|