iShares US Oil & Gas Explor & Prod ETF (IEO, $104.34) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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IEO - iShares US Oil & Gas Explor & Prod ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $104.34
Daily change: -$4.66 (-4.28%)
Daily volume: 188.9K
Net Assets: $871.7M
This indicator may be signaling that IEO's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 91 similar cases where IEO's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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IEODaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Energy

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