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IDU
ETF ticker: NYSE ARCA
AS OF
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Net Assets
808.6M

IDU iShares US Utilities ETF Forecast, Technical & Fundamental Analysis

Category Utilities
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for IDU with price predictions
07:00 PM EST Nov 27, 2023

IDU in upward trend: price rose above 50-day moving average on November 14, 2023

IDU moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend. In of 45 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on IDU as a result. In of 102 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 10-day moving average for IDU crossed bullishly above the 50-day moving average on November 08, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IDU advanced for three days, in of 357 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 284 cases where IDU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IDU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

IDU broke above its upper Bollinger Band on November 02, 2023. 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.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).

Industry description

The investment seeks to track the investment results of the Russell 1000 Utilities RIC 22.5/45 Capped Index. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of the utilities sector of the U.S. equity market. The fund is non-diversified.

Market Cap

The average market capitalization across the iShares US Utilities ETF ETF is 25.74B. The market cap for tickers in the group ranges from 1.38B to 118.14B. NEE holds the highest valuation in this group at 118.14B. The lowest valued company is HE at 1.38B.

High and low price notable news

The average weekly price growth across all stocks in the iShares US Utilities ETF ETF was 1%. For the same ETF, the average monthly price growth was 7%, and the average quarterly price growth was -0%. CWEN experienced the highest price growth at 11%, while HE experienced the biggest fall at -3%.

Volume

The average weekly volume growth across all stocks in the iShares US Utilities ETF ETF was -55%. For the same stocks of the ETF, the average monthly volume growth was -61% and the average quarterly volume growth was -64%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 59
Price Growth Rating: 50
SMR Rating: 70
Profit Risk Rating: 54
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Utilities

Profile
Fundamentals
Details
Category
Utilities
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com
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IDU and

Correlation & Price change

A.I.dvisor indicates that over the last year, IDU has been closely correlated with FUTY. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IDU jumps, then FUTY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IDU
1D Price
Change %
IDU100%
+0.24%
FUTY - IDU
99%
Closely correlated
+0.22%
XLU - IDU
99%
Closely correlated
+0.32%
VPU - IDU
99%
Closely correlated
+0.30%
UTG - IDU
79%
Closely correlated
+0.57%
DNP - IDU
45%
Loosely correlated
+0.11%