| IYT latest price $232.5200 (0.63%) ($230.9100 - $233.9300) on Wed. Mar. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 36 |
Latest Price | $232.5200(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.5% a day on average for past five trading days. |
Weekly Trend | IYT declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLI(85%) IVE(80%) IWD(80%) JETS(80%) IWM(78%) |
Factors Impacting IYT price | IYT will decline at least -0.725% in a week (0% probabilities). VIXM(-51%) SHY(-20%) UUP(-18%) VXX(-16%) EDOC(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.7% |
| |
|
|