Assessing Key Pivot Points for iShares Transportation Average (IYT) | IYT Stock News

Author's Avatar
May 01, 2025

Recent analysis of the iShares Transportation Average (IYT, Financial) has identified critical pivot points. The pivotal high stands at $61.95, while the pivotal low is calculated at $59.91. These figures were determined through the DeMark method. Typically, breaking above the pivot high is seen as a positive, upward trend, whereas moving below the pivot low suggests a negative, downward movement.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.