|
|
Archive
- 7/2/2026 -
Sign In to see current Signals. |
iShares Dow Jones US Oil & Gas Ex Index (IEO) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares Dow Jones US Oil & Gas Ex Index (IEO). During the week, the IEO climbed 0.50 points, or 0.45%, and closed at 110.52 on Thursday, July 2, 2026. Weekly volume was -50% below average.
 Long-term trend: [See IEO long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 73.17 and reached 130.50 on March 30, 2026. IEO gained -57.33 points, or -78.35%, in 50 weeks. The price is now at the 34.85% retracement level.
 Medium-term trend: [See IEO medium-term trend chart]
A medium-term downtrend had started on May 20, 2026 at 124.29 and reached 106.57 on June 18, 2026. IEO lost 17.72 points, or 14.26%, in 4 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 102.50 and resistance is at 111.88. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See IEO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 22, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See IEO short-term trend chart]
A short-term uptrend had started on June 18, 2026 at 106.57 and reached 111.60 on June 29, 2026. IEO gained -5.03 points, or -4.72%, in 11 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IEO daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|