The Barchart Chart of the Day is the Russell 3000 ETF (IWV). I chose the ETF because sometimes its important to take a step back and see just what the market is doing. A rising tide floats all boats and a sinking tide sins all ships.
The iShares Russell 3000 ETF seeks to track the investment results of a broad-based index composed of U.S. equities. The Fund seeks investment results that correspond to the performance of the Russell 3000 Index. The Index measures the performance of the broad U.S. equity market.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart technical indicators
- 80% technical sell signals
- 2.40- Weighted alpah
- 1.73% gain in the last year
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 9.77% down in the last month
- Relative Strength Index 28.29%
- Recently traded at 155.97 which is below its 50 day moving average of 168.60
Fundamental factors:
- Market Cap $8.13 billion
- P/E 24.68
- Dividend yield 1.73%
