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Market Impact: 0.15

iShares US Technology (IYW) Shares Cross Above 200 DMA

Market Technicals & FlowsInvestor Sentiment & PositioningTechnology & Innovation

IYW crossed above its 200-day moving average of $191.13, trading as high as $195.68 and is up about 2.8% on the day. The move represents a short-term technical breakout for the US Technology ETF—monitor trading volume and sector breadth to confirm sustainable upside.

Analysis

IYW crossed above its 200-day moving average of $191.13, trading as high as $195.68 and is up about 2.8% on the day. The move represents a short-term technical breakout for the US Technology ETF—monitor trading volume and sector breadth to confirm sustainable upside.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15