US Employment Cost Growth At Record Highs
U.S. employment costs’ year-over-year increase in Q2 is its fastest in almost 10 years.
At 2.8%, the year-over-year growth in employment cost index, as released by the U.S. Labor Department, is the most since Q3 2008. Wages and salaries increased 2.8% year-over-year - again the fastest pace since Q3 2008. Benefits costs climbed 2.9%, the most since Q4 2011.
Demand for labor increased particularly in the manufacturing, construction and service-related industries. Employment costs for manufacturers rose 2.9%, while that for construction and private service providers went up by 3% and 2.9% respectively - on a year-over-year basis.
Momentum Indicator for ITB turns negative, indicating new downward trend
ITB saw its Momentum Indicator move below the 0 level on September 17, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned negative. In of the 79 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ITB moved out of overbought territory on September 09, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for ITB turned negative on September 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ITB broke above its upper Bollinger Band on September 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 50-day moving average for ITB moved above the 200-day moving average on August 27, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ITB advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 265 cases where ITB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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