| IYT latest price $254.4500 (0.9%) ($252.4100 - $254.4500) on Thu. Dec. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 80 |
Latest Price | $254.4500(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IYT advances 0.8% a day on average for past five trading days. |
Weekly Trend | IYT advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IYT advance at 0% a week (0% probability) XLI(91%) PAVE(84%) JETS(86%) TAN(84%) PEJ(83%) |
Factors Impacting IYT price | IYT will decline at least -0.605% in a week (0% probabilities). VIXM(-39%) VXX(-30%) SHY(-20%) UUP(-9%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.605% (StdDev 1.21%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.4% |
| |
|
|