Technical Analysis for ETEC - iShares Breakthrough Environmental Solutions ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Narrow Range Bar | Range Contraction | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.18% | |
| Gapped Down | Weakness | 0.18% | |
| Oversold Stochastic | Weakness | 0.18% | |
| Narrow Range Bar | Range Contraction | -0.73% | |
| Gapped Up | Strength | -0.73% | |
| Oversold Stochastic | Weakness | -0.73% | |
| Narrow Range Bar | Range Contraction | 0.70% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | 2 days ago |
| Fell Below Lower Bollinger Band | 7 days ago |
| Bearish 180 Entry | 7 days ago |
| Fell Below Previous Day's Low | 7 days ago |
| Rose Above Previous Day's High | 8 days ago |
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iShares Breakthrough Environmental Solutions ETF Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Classification
Keywords: Renewable Energy Energy Development Sustainable Technologies Energy Efficiency Renewable Energy Technology Low Carbon Economy Technological Change Bright Green Environmentalism Environmental Technology Green Technology Sustainable Products
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 23.4092 |
| 52 Week Low | 18.82 |
| Average Volume | 514 |
| 200-Day Moving Average | 20.99 |
| 50-Day Moving Average | 21.06 |
| 20-Day Moving Average | 20.47 |
| 10-Day Moving Average | 20.06 |
| Average True Range | 0.32 |
| RSI (14) | 38.65 |
| ADX | 27.74 |
| +DI | 29.23 |
| -DI | 56.06 |
| Chandelier Exit (Long, 3 ATRs) | 20.61 |
| Chandelier Exit (Short, 3 ATRs) | 20.47 |
| Upper Bollinger Bands | 21.60 |
| Lower Bollinger Band | 19.35 |
| Percent B (%b) | 0.16 |
| BandWidth | 11.00 |
| MACD Line | -0.37 |
| MACD Signal Line | -0.29 |
| MACD Histogram | -0.0817 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 19.72 | ||||
| Resistance 3 (R3) | 19.72 | 19.72 | 19.72 | ||
| Resistance 2 (R2) | 19.72 | 19.72 | 19.72 | 19.72 | |
| Resistance 1 (R1) | 19.72 | 19.72 | 19.72 | 19.72 | 19.72 |
| Pivot Point | 19.72 | 19.72 | 19.72 | 19.72 | 19.72 |
| Support 1 (S1) | 19.72 | 19.72 | 19.72 | 19.72 | 19.72 |
| Support 2 (S2) | 19.72 | 19.72 | 19.72 | 19.72 | |
| Support 3 (S3) | 19.72 | 19.72 | 19.72 | ||
| Support 4 (S4) | 19.72 |
