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IYW Stock iShares US Technology ETF (IYW, $164.15) RSI Indicator left the overbought zone on December 09, 2024

A.I.dvisor
at Tickeron.com
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IYW - iShares US Technology ETF
RSI signal
Bearish Trend
Odds of DOWN Trend
Tickeron
RSI signal
Price: $164.15
Daily change: -$1.28 (-0.77%)
Daily volume: 636.5K
Net Assets: $20.3B
This is a signal that IYW's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 49 similar cases where IYW's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

IYW's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Oscillator for IYW moved out of overbought territory on December 09, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 instances where the indicator moved out of the overbought zone. In of the 49 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 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 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 .

IYW broke above its upper Bollinger Band on December 04, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 02, 2024. You may want to consider a long position or call options on IYW as a result. In of 76 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 IYW just turned positive on December 03, 2024. Looking at past instances where IYW's MACD turned positive, the stock continued to rise in of 46 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 IYW advanced for three days, in of 378 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 397 cases where IYW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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IYW
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General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com