| IYT latest price $211.7300 (-1.86%) ($211.4400 - $216.0000) on Wed. Nov. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 70 |
Latest Price | $211.7300(-1.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.4% a day on average for past five trading days. |
Weekly Trend | IYT advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) IVE(84%) IWD(83%) IWM(82%) IWN(81%) IWO(81%) |
Factors Impacting IYT price | IYT will decline at least -0.87% in a week (0% probabilities). VIXM(-10%) UUP(-8%) TBT(-8%) VXX(-5%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.1% |
| |
|
|