IYT Stock Shows Key Pivot Points for Potential Breakout | IYT Stock News

Author's Avatar
May 29, 2025

The iShares Transportation Average (IYT, Financial) has defined its significant pivot levels, calculated using the DeMark method. The pivot high is positioned at $66.51, while the pivot low is set at $65.62. In technical analysis, surpassing the pivot high is often seen as a bullish sign, suggesting a potential upward price trend. Conversely, if the price drops below the pivot low, it is typically considered bearish, indicating possible further declines. These pivot points play a crucial role for investors in assessing potential movement in IYT's trading pattern.

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.