Technical Analysis for INRO - BlackRock U.S. Industry Rotation ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Up 3 Days in a Row | Strength | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| MACD Bearish Signal Line Cross | Bearish | 0.07% | |
| Narrow Range Bar | Range Contraction | 0.43% | |
| Gapped Up | Strength | 0.43% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.92% | |
| Narrow Range Bar | Range Contraction | 0.92% | |
| Overbought Stochastic | Strength | 0.92% | |
| Down 3 Days in a Row | Weakness | 0.92% | |
| Down 4 Days in a Row | Weakness | 0.92% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | 6 days ago |
| Down 1% | 6 days ago |
| Fell Below 10 DMA | 6 days ago |
| Down 1 ATR | 6 days ago |
| Possible Inside Day | 8 days ago |
Free Daily (Stock) Chart Reading
BlackRock U.S. Industry Rotation ETF Description
INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.
Classification
Keywords: Investment Strategy Portfolio Optimization
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 28.57 |
| 52 Week Low | 23.3361 |
| Average Volume | 3,709 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 27.26 |
| 20-Day Moving Average | 27.77 |
| 10-Day Moving Average | 28.23 |
| Average True Range | 0.22 |
| RSI (14) | 59.35 |
| ADX | 19.43 |
| +DI | 43.16 |
| -DI | 32.06 |
| Chandelier Exit (Long, 3 ATRs) | 27.91 |
| Chandelier Exit (Short, 3 ATRs) | 27.55 |
| Upper Bollinger Bands | 28.85 |
| Lower Bollinger Band | 26.70 |
| Percent B (%b) | 0.66 |
| BandWidth | 7.74 |
| MACD Line | 0.28 |
| MACD Signal Line | 0.30 |
| MACD Histogram | -0.0141 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 28.38 | ||||
| Resistance 3 (R3) | 28.35 | 28.23 | 28.33 | ||
| Resistance 2 (R2) | 28.23 | 28.17 | 28.25 | 28.32 | |
| Resistance 1 (R1) | 28.18 | 28.13 | 28.21 | 28.21 | 28.30 |
| Pivot Point | 28.06 | 28.06 | 28.08 | 28.08 | 28.06 |
| Support 1 (S1) | 28.01 | 28.00 | 28.04 | 28.04 | 27.94 |
| Support 2 (S2) | 27.89 | 27.96 | 27.91 | 27.92 | |
| Support 3 (S3) | 27.84 | 27.89 | 27.91 | ||
| Support 4 (S4) | 27.87 |
