Stock Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
iShares Russell 1000 ETF (PACF:IWB)
Long-Term Uptrend (+90) - IWB is in a strong uptrend that is likely to continue. While IWB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid IWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IWB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IWB
The long-term trend has been UP since Feb 1st, 2023 at 225.81
The intermediate-term trend has been UP since May 18th, 2023 at 228.90
The short-term trend has been UP since May 26th, 2023 at 229.56
Smart Scan Analysis for IWB
Based on our trend formula, IWB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||164.13||Year High Date||2018-09-21|
|Year Low||140.76||Year Low Date||2018-02-09|
|52wk High||238.76||52wk High Date||2022-08-16|
|52wk Low||192.01||52wk Low Date||2022-10-13|
|Year End Close||79.15||Average Volume||520,469|