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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

iShares U.S. Basic Materials ETF (PACF:IYM)

Crossroads (-60) - IYM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

PACF_IYM
Open High Low IYM Price Change
140.5600 140.7900 139.7801 140.0794 -0.5906
Entry Signal

MarketClub’s Trade Triangles for IYM

long term up The long-term trend has been UP since Dec 14th, 2023 at 135.53

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 143.56

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 146.94

Smart Scan Analysis for IYM

Based on our trend formula, IYM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for IYM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.5600 140.7900 139.7801 140.0794 -0.5906
Prev. Close Volume Bid Ask Time
140.6700 9923 2024-04-24 13:09:04
Year High108.32Year High Date2018-01-29
Year Low85.2Year Low Date2018-10-26
52wk High149.7952wk High Date2024-04-09
52wk Low119.215352wk Low Date2023-10-25
Year End Close69.31Average Volume55,558
Shares Outstanding6,100Assets5,984M
Beta1.31Volatility23.85
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