(iShares U.S. Infrastructure ETF)
| IFRA latest price $35.7800 (-1%) ($35.6200 - $36.0700) on Wed. Nov. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 54 |
Latest Price | $35.7800(-1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IFRA advances 0.2% a day on average for past five trading days. |
Weekly Trend | IFRA advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IFRA advance at 0% a week (0% probability) SPY(98%) IWN(94%) IWM(93%) IVE(91%) IWO(91%) |
Factors Impacting IFRA price | IFRA will decline at least -0.51% in a week (0% probabilities). TBT(-32%) UUP(-28%) VXX(-17%) VIXM(-3%) BNDX(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.51% (StdDev 1.02%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.7% |
| |
|
|