| IYT latest price $162.3600 (2.86%) ($158.5700 - $162.5600) on Wed. May. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 71 |
Latest Price | $162.3600(2.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 2.2% a day on average for past five trading days. |
Weekly Trend | IYT advances 4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLC(51%) BOTZ(18%) IFRA(18%) IWD(18%) JETS(18%) |
Factors Impacting IYT price | IYT will decline at least -2.155% in a week (0% probabilities). UUP(-13%) VIXM(-6%) VXX(-3%) KWEB(-2%) GDX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.155% (StdDev 4.31%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|