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Downtrend Broken Resist.Archive - 4/25/2025 - 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 a second consecutive positive week for the iShares Dow Jones US Real Estate (IYR). During the week, the IYR climbed 0.23 points, or 0.25%, and closed at 92.16 on Friday, April 25, 2025. Weekly volume was -8% 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 chart has formed a Rising Channel chart pattern. The uptrend support line (95.56) 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 IYR medium-term trend chart] A medium-term downtrend had started on September 18, 2024 at 104.04 and reached 81.53 on April 9, 2025. IYR lost 22.51 points, or 21.64%, in 29 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 79.55 and resistance is at 98.14. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern 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. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See IYR short-term trend chart] A short-term uptrend had started on April 9, 2025 at 81.53 and reached 93.80 on April 23, 2025. IYR gained -12.27 points, or -15.05%, in 14 days. The price is now at the 13.37% retracement level.
Daily Technical Indicators: [See IYR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up.
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