| IYT latest price $239.4900 (0.05%) ($237.6600 - $239.9200) on Wed. Jun. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 72 |
Latest Price | $239.4900(0.05%) |
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 advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLI(84%) IVE(82%) IWD(82%) JETS(80%) VT(80%) |
Factors Impacting IYT price | IYT will decline at least -0.625% in a week (0% probabilities). VXX(-56%) VIXM(-50%) UUP(-30%) TBT(-26%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.7% |
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