IGE Stock iShares North American Natural Res ETF (IGE, $43.29) Moving Average Convergence Divergence (MACD) Histogram turned positive on January 2, 2025

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IGE - iShares North American Natural Res ETF

MACD signal

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Odds of UP Trend

Price: $43.29

Daily change: +$0.56 (+1.31%)

Daily volume: 104.1K

Net Assets: $613.1M

IGE's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for IGE turned positive on January 02, 2025. Looking at past instances where IGE's MACD turned positive, the stock continued to rise in of 44 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 January 02, 2025. You may want to consider a long position or call options on IGE 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IGE advanced for three days, in of 363 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 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 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 .

The Aroon Indicator for IGE entered a downward trend on December 31, 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.