Overall IYT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IYT is only an average performer.
Although IYT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.95
4 important support areas can be observed.
- Support @74.72 from a horizontal line in the weekly time frame.
- A support zone ranging from 71.53 to 71.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.14 to 70.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.62 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for IYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IYT is up. |
| ChartMill Relative Strength | 65.04 | NEUTRAL | IYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IYT is above 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 | POSITIVE | The current price of IYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.76 | NEUTRAL | The RSI value for IYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests IYT has a positive trend. |
| Stochastics (14,3) | 93.66 | OVERBOUGHT | The high Stochastics value suggests IYT may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for IYT suggests low volalility. |
| Average Directional Index/ADX (14) | 15.08 | NEGATIVE | The low ADX value for IYT suggests a weak or negative trend. |
75.27
+1.86 (+2.53%)
ISHARES US TRANSPORTATION ET / IYT FAQ
What is the technical rating for IYT stock?
ChartMill assigns a technical rating of 7 / 10 to IYT.
What is the trend direction for IYT stock?
The current trend direction for ISHARES US TRANSPORTATION ET (IYT) is Bullish.
What is the RSI signal for IYT stock?
ISHARES US TRANSPORTATION ET (IYT) has an RSI value of 67.7555. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES US TRANSPORTATION ET?
The MACD indicator for ISHARES US TRANSPORTATION ET (IYT) has a value of 0.446387, indicating a bearish trend.
What is the buy/sell signal for ISHARES US TRANSPORTATION ET (IYT) stock?
The buy/sell signal for ISHARES US TRANSPORTATION ET (IYT) is buy as both the short term and long term trends are positive.