iShares Dow Jones US Share: No reason to worry!

iShares Dow Jones US: How do chart analysts judge?

The iShares Dow Jones US ETF is now +6.12 percent away from the moving average of the past 50 days, the GD50, with a price of 98.33 USD. This leads to a short-term Buy rating. On the basis of the past 200 days, however, the rating is “Hold”, as the distance to the GD200 amounts to -1.13 percent. In this respect, we rate the stock as a “Buy” overall from a chart perspective for the two periods.

What is the situation in the RSI?

Who wants to evaluate the dynamics of a share price, can fall back on the prominent Relative Strength Index, the RSI. According to this, for a period of 7 days (or for 25 days as RSI25), the ratio of upward and downward movements is normalized to a distance of 0 to 100. The iShares Dow Jones US ETF-RSI with an expression of 34.15 is the basis for the rating as “Hold”. The RSI25 amounts to 36.24, resulting in a rating of “Hold” for 25 days. This overall picture leads to a rating of “Hold”.

How are investors discussing the stock?

Significant changes in sentiment or communication frequency allow precise conclusions to be drawn about the current image of a stock in social media. In the case of iShares Dow Jones US ETF, no significant changes in sentiment could be identified over the past four weeks. Therefore, we rate the stock with a “hold” for this reason. In terms of communication frequency, neither an increase nor a decrease in discussion posts was detected. Overall, iShares Dow Jones US ETF therefore receives a “hold” rating at this level.