Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
iShares U.S. Energy ETF (PACF:IYE)
Strong Downtrend (-100) - IYE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IYE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IYE?
MarketClub looks at technical strength and momentum to determine if the timing is right for IYE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IYE
The long-term trend has been DOWN since Nov 7th, 2023 at 44.1950
The intermediate-term trend has been DOWN since Sep 26th, 2023 at 47.0036
The short-term trend has been DOWN since Nov 29th, 2023 at 44.0600
Smart Scan Analysis for IYE
Based on our trend formula, IYE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||43.75||Year High Date||2018-05-22|
|Year Low||34.8||Year Low Date||2018-11-23|
|52wk High||49.54||52wk High Date||2022-12-01|
|52wk Low||39.94||52wk Low Date||2023-03-16|
|Year End Close||40.84||Average Volume||460,681|