IYM iShares US Basic Materials ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Russell 1000 Basic Materials RIC 22... Show more
IYM in downward trend: price may drop because broke its higher Bollinger Band on July 01, 2025
IYM broke above its upper Bollinger Band on July 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 46 similar instances where the stock broke above the upper band. In of the 46 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IYM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2025. You may want to consider a long position or call options on IYM as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IYM just turned positive on July 01, 2025. Looking at past instances where IYM's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYM advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 321 cases where IYM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RTRIX | 7.41 | 0.06 | +0.82% |
| Royce Small-Cap Total Return Instl | |||
| OWLSX | 21.61 | 0.15 | +0.70% |
| Old Westbury Large Cap Strategies | |||
| JORIX | 20.36 | 0.13 | +0.64% |
| Janus Henderson Global Select S | |||
| MMMSX | 21.75 | 0.11 | +0.51% |
| Victory Integrity Small/Mid-Cap Value Mb | |||
| GLNBX | 21.86 | 0.08 | +0.37% |
| MFS Global New Discovery B | |||
IYM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IYM has been closely correlated with VAW. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if IYM jumps, then VAW could also see price increases.
| Ticker / NAME | Correlation To IYM | 1D Price Change % | ||
|---|---|---|---|---|
| IYM | 100% | -0.05% | ||
| VAW - IYM | 97% Closely correlated | +0.14% | ||
| XLB - IYM | 93% Closely correlated | -0.07% | ||
| GNR - IYM | 80% Closely correlated | -0.21% | ||
| GUNR - IYM | 78% Closely correlated | +0.05% | ||
| COPX - IYM | 64% Loosely correlated | -0.34% | ||
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