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Archive
- 8/15/2025 -
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iShares Dow Jones US Oil & Gas Ex Index (IEO) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 4 consecutive negative weeks for the iShares Dow Jones US Oil & Gas Ex Index (IEO). During the week, the IEO gained 1.29 points, or 1.48%, and closed at 88.28 on Friday, August 15, 2025. Weekly volume was -26% below average.
 Long-term trend: [See IEO long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 17.63 and reached 112.72 on April 12, 2024. IEO gained -95.09 points, or -539.36%, in 212 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (125.17) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See IEO medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 73.17 and reached 94.46 on June 23, 2025. IEO gained -21.29 points, or -29.10%, in 10 weeks. The price is now at the 29.03% retracement level.
 Weekly Technical Indicators: [See IEO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 30, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See IEO short-term trend chart]
A short-term downtrend had started on July 11, 2025 at 93.44 and reached 86.06 on August 11, 2025. IEO lost 7.38 points, or 7.90%, in 31 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See IEO daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since July 14, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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.
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