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Archive - 12/13/2024 - Sign In to see current Signals. |
iShares Dow Jones US Real Estate (IYR) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the iShares Dow Jones US Real Estate (IYR). During the week, the IYR dropped -2.08 points, or -2.09%, and closed at 97.61 on Friday, December 13, 2024. Weekly volume was -28% below average. Long-term trend: [See IYR long-term trend chart] A long-term uptrend had started on October 30, 2023 at 72.88 and reached 104.04 on September 18, 2024. IYR gained -31.16 points, or -42.76%, in 46 weeks. The price is now at the 20.64% retracement level. Medium-term trend: [See IYR medium-term trend chart] A medium-term uptrend had started on April 18, 2024 at 81.25 and reached 104.04 on September 18, 2024. IYR gained -22.79 points, or -28.05%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (98.94) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. IYR may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend. Weekly Technical Indicators: [See IYR weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 1, 2024. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help. Short-term trend: [See IYR short-term trend chart] A short-term downtrend had started on November 27, 2024 at 103.46 and reached 97.54 on December 13, 2024. IYR lost 5.92 points, or 5.72%, in 16 days. Price is near the trend low. Daily Technical Indicators: [See IYR daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since December 5, 2024. This is an indication that the short-term trend is down.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
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Industry |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
103.46 |
High Date |
11/27/2024 |
Low |
97.54 |
Low Date |
12/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
96.06 |
Low Date |
11/06/2024 |
High |
103.46 |
High Date |
11/27/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
105.13 |
Support |
98.94 |
Low |
81.25 |
Low Date |
04/18/2024 |
High |
104.04 |
High Date |
09/18/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
72.88 |
Low Date |
10/30/2023 |
High |
104.04 |
High Date |
09/18/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
116.89 |
High Date |
12/31/2021 |
Low |
72.88 |
Low Date |
10/30/2023 |
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