IGE iShares North American Natural Res ETF Forecast, Technical & Fundamental Analysis
IGE's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for IGE turned positive on February 13, 2025. Looking at past instances where IGE'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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 10, 2025. You may want to consider a long position or call options on IGE as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
IGE moved above its 50-day moving average on February 10, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IGE crossed bullishly above the 50-day moving average on January 22, 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 IGE advanced for three days, in of 369 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 318 cases where IGE 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 IGE moved out of overbought territory on January 22, 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where IGE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IGE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AEDNX | 12.11 | -0.02 | -0.16% |
| Water Island Event-Driven Fund I | |||
| NWXUX | 9.49 | -0.03 | -0.32% |
| Nationwide International Sm Cp R6 | |||
| PURZX | 19.80 | -0.18 | -0.90% |
| PGIM Global Real Estate Z | |||
| PDGIX | 80.47 | -0.97 | -1.19% |
| T. Rowe Price Dividend Growth I | |||
| PAEAX | 19.98 | -0.27 | -1.33% |
| Putnam Dynamic Asset Allocation Gr A | |||
IGE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGE has been closely correlated with GNR. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if IGE jumps, then GNR could also see price increases.