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Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
iShares U.S. Basic Materials ETF (PACF:IYM)
Long-Term Downtrend (-90) - IYM is in a strong downtrend that is likely to continue. While IYM 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 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.
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MarketClub’s Trade Triangles for IYM
The long-term trend has been DOWN since Jun 13th, 2022 at 130.12
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 132.99
The short-term trend has been DOWN since Jun 29th, 2022 at 118.52
Smart Scan Analysis for IYM
Based on our trend formula, IYM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.76 | 120.80 | 117.98 | 119.32 | -1.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 120.38 | 404708 | 2022-06-29 15:59:45 |
| Year High | 108.32 | Year High Date | 2018-01-29 |
| Year Low | 85.2 | Year Low Date | 2018-10-26 |
| 52wk High | 154.87 | 52wk High Date | 2022-04-20 |
| 52wk Low | 116.42 | 52wk Low Date | 2022-06-23 |
| Year End Close | 69.31 | Average Volume | 259,016 |
| Shares Outstanding | 8,100 | Assets | 5,984M |
| Beta | 1.31 | Volatility | 23.85 |