IYE Price Prediction, iShares US Energy ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
IYE's Stochastic Oscillator is sitting in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
IYE moved below its 50-day moving average on October 23, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IYE crossed bearishly below the 50-day moving average on October 27, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 IYE 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 IYE entered a downward trend on November 27, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IYE's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 21, 2023. You may want to consider a long position or call options on IYE as a result. In of 98 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 IYE just turned positive on November 17, 2023. Looking at past instances where IYE'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYE advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
IYE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Energy
IYE and
Correlation & Price change
A.I.dvisor indicates that over the last year, IYE has been closely correlated with FENY. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if IYE jumps, then FENY could also see price increases.
| Ticker / NAME | Correlation To IYE | 1D Price Change % | ||
|---|---|---|---|---|
| IYE | 100% | -0.47% | ||
| FENY - IYE | 100% Closely correlated | -0.55% | ||
| XLE - IYE | 100% Closely correlated | -0.35% | ||
| VDE - IYE | 100% Closely correlated | -0.48% | ||
| IXC - IYE | 98% Closely correlated | -0.45% | ||
| FTXN - IYE | 98% Closely correlated | -0.38% | ||
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