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Market Impact: 0.35

ICF Crosses Below Key Moving Average Level

Market Technicals & FlowsHousing & Real EstateInvestor Sentiment & Positioning

The iShares Select U.S. REIT ETF (ICF) crossed below its 200-day moving average of $61.51, trading as low as $61.48 and down about 2.7% on the day. The breach of the 200-day MA is a bearish technical signal for the REIT ETF and suggests near-term weakness in U.S. listed REITs.

Analysis

The iShares Select U.S. REIT ETF (ICF) crossed below its 200-day moving average of $61.51, trading as low as $61.48 and down about 2.7% on the day. The breach of the 200-day MA is a bearish technical signal for the REIT ETF and suggests near-term weakness in U.S. listed REITs.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20