IYR's RSI Indicator is staying in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYR advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
IYR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 290 cases where IYR 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 Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IYR as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IYR turned negative on December 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
IYR moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IYR crossed bearishly below the 50-day moving average on December 13, 2024. 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 IYR 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 RealEstate
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MLPAX | 8.41 | 0.15 | +1.82% |
| Invesco SteelPath MLP Alpha A | |||
| FTVNX | 34.05 | 0.55 | +1.64% |
| FullerThaler Behav Md-Cp Val Investor | |||
| RGAAX | 66.04 | 0.59 | +0.90% |
| American Funds Growth Fund of Amer R1 | |||
| ANOYX | 23.26 | 0.17 | +0.74% |
| American Century Small Cap Growth Y | |||
| FLOWX | 17.06 | -0.23 | -1.33% |
| Fidelity Water Sustainability | |||
IYR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IYR has been closely correlated with ICF. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IYR jumps, then ICF could also see price increases.
| Ticker / NAME | Correlation To IYR | 1D Price Change % | ||
|---|---|---|---|---|
| IYR | 100% | +1.82% | ||
| ICF - IYR | 99% Closely correlated | +1.77% | ||
| XLRE - IYR | 98% Closely correlated | +1.82% | ||
| FREL - IYR | 98% Closely correlated | +1.83% | ||
| VNQ - IYR | 98% Closely correlated | +1.68% | ||
| DFAR - IYR | 98% Closely correlated | +1.67% | ||
More | ||||