On December 11, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bullish) for iShares US Basic Materials ETF (IYM, $152.23). On December 11, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $167.03. 32 days later, on January 12, 2026, IYM reached the target price resulting in a for traders who took a long position in the stock.
IYM moved above its 50-day moving average on December 10, 2025 date and that indicates a change from a downward trend to an upward trend. In of 56 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The 10-day moving average for IYM crossed bullishly above the 50-day moving average on December 04, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 351 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 322 cases where IYM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator demonstrates 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.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 .
IYM broke above its upper Bollinger Band on January 12, 2026. 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.
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