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IEO Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Ascending IEO on June 10, 2025, netting in a 2.46% gain over 2 days

A.I.dvisor
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+2.46% Gain from a Successful pattern Broadening Wedge Ascending
IEO - iShares US Oil & Gas Explor & Prod ETF
Tickeron
Ticker: IEO
Company: iShares US Oil & Gas Explor & Prod ETF
Gain: +2.46%
Confirmed: 06/10/25
Succeeded: 06/12/25
Total length: 2 days
On June 10, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bullish) for iShares US Oil & Gas Explor & Prod ETF (IEO, $88.98). On June 10, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $93.19. 2 days later, on June 12, 2025, IEO reached the target price resulting in a for traders who took a long position in the stock.

IEO's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for IEO turned positive on June 10, 2025. Looking at past instances where IEO's MACD turned positive, the stock continued to rise in of 43 cases over 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 June 06, 2025. You may want to consider a long position or call options on IEO as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

IEO moved above its 50-day moving average on June 02, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IEO crossed bullishly above the 50-day moving average on May 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 IEO advanced for three days, in of 363 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 307 cases where IEO 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 10-day RSI Indicator for IEO moved out of overbought territory on June 18, 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 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 IEO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

IEO broke above its upper Bollinger Band on June 10, 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.

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General Information

Category Energy

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