(IYT) iShares Transportation - Ratings and Ratios

The iShares Transportation Average ETF (IYT) is designed to track the performance of companies within the U.S. transportation sector, as represented by the Dow Jones Transportation Average. The fund typically allocates at least 80% of its assets to the securities included in its underlying index, which is maintained by S&P Dow Jones Indices LLC. This index includes a range of transportation-related companies, such as airlines, railroads, trucking firms, and logistics providers. The ETF is classified as non-diversified, meaning it can hold a more concentrated portfolio compared to diversified funds. For more information, visit the iShares website at http://www.ishares.com.

Based on the provided data, here’s a 3-month forecast for IYT: The fund’s price is currently trading below its 20-day and 50-day moving averages, which are at 70.85 and 70.10, respectively. This suggests potential short-term headwinds. However, the 200-day moving average at 67.88 indicates that the longer-term trend remains supportive. The ATR of 1.11 points to relatively low volatility, which could mean a period of consolidation. With an AUM of $646.94 million, IYT maintains a significant presence in the market, suggesting investor confidence in its tracking ability. Over the next three months, expect IYT to remain range-bound, with potential upside limited by the resistance levels near its moving averages.