|
|
Archive - 1/9/2026 - Sign In to see current Signals. |
iShares Dow Jones US Oil & Gas Ex Index (IEO) Technical Analysis
|
 |
| 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 Oil & Gas Ex Index (IEO). During the week, the IEO climbed 0.01 points, or 0.01%, and closed at 91.05 on Friday, January 9, 2026. Weekly volume was 63% above average.
Long-term trend: [See IEO long-term trend chart] A long-term downtrend had started on April 12, 2024 at 112.72 and reached 73.17 on April 9, 2025. IEO lost 39.55 points, or 35.09%, in 51 weeks. The price is now at the 45.21% retracement level.
Medium-term trend: [See IEO medium-term trend chart] A medium-term downtrend had started on December 5, 2025 at 97.76 and reached 87.73 on December 26, 2025. IEO lost 10.03 points, or 10.26%, in 3 weeks. The price is now at the 33.10% retracement level.
Weekly Technical Indicators: [See IEO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 19, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See IEO short-term trend chart] A short-term uptrend had started on December 26, 2025 at 87.73 and reached 93.36 on January 5, 2026. IEO gained -5.63 points, or -6.42%, in 10 days. The price is now at the 41.03% retracement level.
Daily Technical Indicators: [See IEO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|