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Uptrend ExhaustionArchive - 1/3/2025 - 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 positive week after 3 consecutive negative weeks for the iShares Dow Jones US Real Estate (IYR). During the week, the IYR climbed 0.76 points, or 0.82%, and closed at 93.43 on Friday, January 3, 2025. It was the best weekly gain since November 29, 2024. IYR was trading at average weekly trading volume. 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 trend support level is at 91.08 and resistance is at 108.40. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern 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 90.68 on December 19, 2024. IYR lost 13.36 points, or 12.84%, in 13 weeks. The price is now at the 20.58% retracement level. Weekly Technical Indicators: [See IYR weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 December 19, 2024 at 90.68 and reached 93.76 on December 27, 2024. IYR gained -3.08 points, or -3.40%, in 8 days. The price is now at the 10.71% retracement level. Daily Technical Indicators: [See IYR daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. The daily MACD line is below its signal line since December 5, 2024. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (93.71) comes close to the price (93.43). It indicates that the trend is getting weaker. 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. The distance between the Bollinger Bands is 102.31% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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