Crypto Whales Are Loading Up — Are You?
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Shares of iShares Dow Jones US Technology Sector Index Fund (NYSE: IYW) are trading down 0.5% to $59.22 today on above average volume. Approximately 594,000 shares have traded hands today vs. average 30-day volume of 259,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of IYW to see if this bearish momentum will continue.
SmarTrend is monitoring the recent change of momentum in iShares Dow Jones US Technology Sector Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Dow Jones US Technology Sector Index Fund in search of a potential trend change.
In the last five trading sessions, the 50-day MA has fallen 0.54% while the 200-day MA has remained constant.
In the past 52 weeks, shares of iShares Dow Jones US Technology Sector Index Fund have traded between a low of $51.16 and a high of $70.00 and are now at $58.81, which is 15% above that low price.
Write to Chip Brian at cbrian@mysmartrend.com
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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