RSI low/high Values: [ 25 - 75 ]
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AI Analysis of IFRA
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Green day on Thursday for iShares U.S. Infrastructure
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 3.76% PDF

The iShares U.S. Infrastructure ETF price gained 0.627% on the last trading day (Thursday, 28th Mar 2024), rising from $43.09 to $43.36. During the last trading day the ETF fluctuated 0.730% from a day low at $43.13 to a day high of $43.44. The price has risen in 7 of the last 10 days and is up by 5.24% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 thousand more shares were traded than the day before. In total, 186 thousand shares were bought and sold for approximately $8.05 million.

The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 9.61% during the next 3 months and, with a 90% probability hold a price between $44.93 and $48.38 at the end of this 3-month period.

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IFRA Signals & Forecast

The iShares U.S. Infrastructure ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $42.61 and $41.02. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 24, 2024, and so far it has risen 13.69%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for iShares U.S. Infrastructure ETF

iShares U.S. Infrastructure finds support from accumulated volume at $41.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.315 between high and low, or 0.730%. For the last week the ETF has had daily average volatility of 0.94%.

Our recommended stop-loss: $41.79 (-3.62%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 45 days ago.)

Trading Expectations (IFRA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect iShares U.S. Infrastructure ETF to open at $43.31, and during the day (based on 14 day Average True Range), to move between $42.86 and $43.86, which gives a possible trading interval of +/-$0.498 (+/-1.15%) up or down from last closing price. If iShares U.S. Infrastructure ETF takes out the full calculated possible swing range there will be an estimated 2.29% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $41.20, some $2.16 (4.98%) from the current price of $43.36, our system finds the risk reward attractive.

Is iShares U.S. Infrastructure ETF ETF A Buy?

iShares U.S. Infrastructure holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.589 Strong Buy Candidate Unchanged

Predicted Opening Price for iShares U.S. Infrastructure ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$43.31 ( 0.119%) $43.36

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IFRA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 43.62 0.607 %
R2 43.50 0.330 %
R1 43.43 0.158 %
Current price: 43.36
Support S1 43.19 -0.397 %
S2 43.11 -0.568 %
S3 42.99 -0.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 43.36
Support S1 41.20 -4.98%
S2 39.91 -7.96%
S3 38.64 -10.89%

IFRA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 27, 2024 $0.160 0.372%
2 Dec 20, 2023 Dec 20, 2023 Dec 20, 2023 $0.234 0.590%
3 Sep 25, 2023 Sep 26, 2023 Oct 02, 2023 $0.223 0.627%
4 Jun 06, 2023 Jun 07, 2023 Jun 13, 2023 $0.162 0.422%
5 Mar 22, 2023 Mar 23, 2023 Mar 29, 2023 $0.177 0.482%

FAQ

What is the symbol for iShares U.S. Infrastructure ETF ETF and on which exchange is it traded?
The symbol for iShares U.S. Infrastructure ETF is IFRA and it is traded on the BATS (BATS Global Markets).

Should I buy or sell iShares U.S. Infrastructure ETF ETF?
iShares U.S. Infrastructure holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy iShares U.S. Infrastructure ETF ETF?
iShares U.S. Infrastructure ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iShares U.S. Infrastructure ETF ETF.

What's the current price of iShares U.S. Infrastructure ETF ETF?
As of the end of day on the 2024-03-28, the price of an iShares U.S. Infrastructure ETF (IFRA) share was $43.36.

What is the 52-week high and low for iShares U.S. Infrastructure ETF ETF?
The 52-week high for iShares U.S. Infrastructure ETF ETF is $43.44 and the 52-week low is $34.45.

What is the market capitalization of iShares U.S. Infrastructure ETF ETF?
As of the 2024-03-28, the market capitalization of iShares U.S. Infrastructure ETF is 2.327B.
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