IYZ iShares US Telecommunications ETF Forecast, Technical & Fundamental Analysis
IYZ in -1.94% downward trend, sliding for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IYZ declined for three days, in of 273 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for IYZ moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IYZ as a result. In of 90 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 IYZ turned negative on December 09, 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 54 cases where IYZ'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYZ advanced for three days, in of 321 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 233 cases where IYZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Communications
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| WINDX | 34.11 | -0.16 | -0.47% |
| FT Wilshire 5000 Index Instl | |||
| SEKRX | 18.91 | -0.10 | -0.53% |
| DWS Emerging Markets Equity R6 | |||
| HRIDX | 12.71 | -0.11 | -0.86% |
| Harbor Diversified Intl All Cp Admin | |||
| HISVX | 42.51 | -0.50 | -1.16% |
| Harbor Small Cap Value Investor | |||
| MINGX | 35.91 | -4.13 | -10.31% |
| MFS International Intrinsic Value R3 | |||
IYZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IYZ has been closely correlated with RSPC. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if IYZ jumps, then RSPC could also see price increases.