IEO Stock iShares US Oil & Gas Explor & Prod ETF (IEO, $96.86) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 6, 2024

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IEO - iShares US Oil & Gas Explor & Prod ETF

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Odds of UP Trend

Price: $96.86

Daily change: +$4.46 (+4.83%)

Daily volume: 286.1K

Net Assets: $596.2M

IEO in +1.47% Uptrend, advancing for three consecutive days on November 22, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where IEO advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on IEO as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for IEO just turned positive on November 06, 2024. 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 .

IEO moved above its 50-day moving average on November 06, 2024 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 November 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 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 November 06, 2024. 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.

The Aroon Indicator for IEO entered a downward trend on November 07, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.