What’s Happening With Shares of iShares US Home Construction ETF (:ITB)?

Investors will be trying to gauge which way stock market momentum will shift as we head into the close of the calendar year. Some may be of the mindset that the bears will be taking over shortly. Others may be super bullish and ready for the market to make a further run higher. Trying to predict which way the tide will shift is no easy task. Being prepared for any situation that arises is a god way to combat the uncertainty that always follows the market. Being prepared can help the investor make quick, tough decisions when the time comes. Many investors may have already figured out that holding onto losers for too long can be damaging for the portfolio. They may have also realized that holding onto winners too long can also have negative effects. Finding that perfect buy/sell balance can end up being the difference between a good portfolio and a great one.  

The 20 day Chaikin Money Flow indicator for iShares US Home Construction ETF (:ITB) is currently 0.08788356. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.

Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages for iShares US Home Construction ETF (:ITB), we note that the 200 day is 34.321983, the 100 day is 32.660778, and the 50 day is 31.862282. Zooming in closer, we note that the 30 day EMA is 31.816694, the 20 day is 31.89098, and the 10 day is noted at 31.92995.

Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 31.235903 and the 20 day upper band at 32.54606. During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.

Investors tracking shares of iShares US Home Construction ETF (:ITB) will note that since the stock opened at 31.52, shares have seen a change of 0.32. During that period, the stock has touched a low of 31.45 and tipped a high of 31.86. Volume on the day is presently 1337540. 

Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for iShares US Home Construction ETF (:ITB, we can see that the all time high is currently 50.10001, and the all time low is 6.33. Let’s look at some alternate high/low price data:

Six month low: 29.465
Six month high: 40.9699
One year low: 29.465
One year high: 46.56
Three month low: 29.465
Three month high: 38.35
One month low: 29.655
One month high: 32.95

Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 31.301. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.

The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels below:

Simple Moving Average 20 day: 32
Simple Moving Average 100 day: 32.22275
Simple Moving Average 10 day32.11
Simple Moving Average 50 day: 31.6624
Simple Moving Average 30 day: 31.629
Simple Moving Average 200 day: 35.06582

Stock market knowledge can be highly powerful. Successful investors are often highly knowledgeable and have put in the appropriate amount of time to become this way. Proper stock market knowledge may take a long time to acquire. Investors may spend countless hours trying to get an edge, and they may still feel like they are swimming upstream. Preparation and common sense can be highly important when trying to stay on top of the equity market. These days, there is no shortage of information for investors to get their hands on. The challenge then becomes how best to use the information at hand in order to develop knowledge that will help drive profits higher.