(IEO) iShares U.S. Oil & Gas - Ratings and Ratios

The iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is designed to provide exposure to U.S. companies involved in the exploration and production of oil and gas. The fund tracks the Dow Jones U.S. Select Oil and Gas Exploration & Production Index, offering a concentrated portfolio by investing at least 80% of its assets in securities from this index or similar economic characteristics. As a non-diversified fund, it may focus on fewer securities, which can heighten sector-specific risks but also allows for targeted exposure to the energy sector.

Ticker Symbol: IEO | Exchange: BATS | Type: ETF | Country Origin: USA | ETF Category: Equity Energy. With an AUM of $604.75 million, IEO is a moderately sized ETF. Its average volume of 63,148 shares indicates liquidity, while its current price of $91.78 reflects recent market movements. The ETFs technical indicators show it trading below its 20 and 50-day moving averages (SMA 20: $94.12, SMA 50: $93.12) but above its 200-day SMA ($94.94), signaling a potential bullish long-term outlook despite short-term declines.

3-Month Forecast: Based on current trends, IEO may face resistance around its 20 and 50-day moving averages. If the price remains below these levels, it could indicate a bearish trend. However, staying above the 200-day SMA suggests underlying strength. The Average True Range (ATR) of 1.81 indicates potential price fluctuations within a $5-6 range over the next three months, placing the ETF between $86 and $97. The energy sectors performance will significantly influence IEO, with oil price movements and global economic conditions being key factors.