Momentum Indicator for IYW turns negative, indicating new downward trend
IYW saw its Momentum Indicator move below the 0 level on January 07, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned negative. In of the 78 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IYW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where IYW's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
IYW moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYW advanced for three days, in of 376 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 383 cases where IYW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| HYMB | 25.53 | 0.09 | +0.35% |
| SPDR® Nuveen Blmbg Hi Yld Muncpl Bd ETF | |||
| OSCV | 37.98 | 0.11 | +0.29% |
| Opus Small Cap Value Plus ETF | |||
| LKOR | 41.85 | 0.02 | +0.04% |
| FlexShares Crdt-Scrd US Lng Corp Bd ETF | |||
| FXF | 97.05 | -0.40 | -0.41% |
| Invesco CurrencyShares® Swiss Franc | |||
| SEA | 12.43 | -0.18 | -1.46% |
| US Global Sea to Sky Cargo ETF | |||
IYW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IYW has been closely correlated with IGM. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IYW jumps, then IGM could also see price increases.