NYSEARCA:IYT - NYSE Arca - US4642871929 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to IYT. Recently some decent action could be observed, but in the medium term time frame this is still negative. IYT was also a bad performer in the overall market in the last year.
Although the technical rating is bad, IYT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 65.13, a Stop Loss order could be placed below this zone.
56.18
We found 2 important support areas.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IYT is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IYT is neutral. |
ChartMill Relative Strength | 39.63 | NEUTRAL | IYT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of IYT is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IYT is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of IYT is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.94 | NEUTRAL | The RSI value for IYT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests IYT has a negative trend. |
Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for IYT is a neutral value. |
Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for IYT suggests low volalility. |
Average Directional Index/ADX (14) | 17.72 | NEGATIVE | The low ADX value for IYT suggests a weak or negative trend. |
NYSEARCA:IYT (6/4/2025, 10:13:59 AM)
65.34
-0.13 (-0.2%)