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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

iShares U.S. Transportation ETF (BATS:IYT)

Long-Term Downtrend (-90) - IYT is in a strong downtrend that is likely to continue. While IYT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid IYT?

MarketClub looks at technical strength and momentum to determine if the timing is right for IYT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_IYT
Open High Low IYT Price Change
65.4400 66.1500 65.1668 66.0200 -0.3300
Entry Signal

MarketClub’s Trade Triangles for IYT

long term down The long-term trend has been DOWN since Mar 7th, 2024 at 244.22

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 266.47

short term down The short-term trend has been DOWN since May 8th, 2024 at 65.81

Smart Scan Analysis for IYT

Based on our trend formula, IYT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.4400 66.1500 65.1668 66.0200 -0.3300
Prev. Close Volume Bid Ask Time
66.0100 772321 2024-05-08 15:59:45
Year High209.43Year High Date2018-09-14
Year Low175.5Year Low Date2018-10-29
52wk High284.19552wk High Date2024-03-06
52wk Low63.9152wk Low Date2024-05-01
Average Volume807,033Shares Outstanding6,450
Volatility24.88
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