IShares Global Clean Energy ETF trades at $18.33 after gaining 53 cents (2.98%).
United States's Consumer Confidence new data released of 102.5 below its previous figure.
On the flip side, Consumer Confidence in United States fell short of market expectations (106.5) with a reading of 102.5, continuing the decline from the previous figure of 107.8.
Meanwhile, United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Aug) released today at 13:00 UTC with a figure of 13.1, while the previous figure was 16. United States Services PMI came out at 46.6, while a consensus of analysts was expecting 49.2.
Analysis of iShares Global Clean Energy ETF's recent price action suggests iShares Trust – iShares Global Clean Energy ETF broke through the $18.12 resistance, climbing 21 cents above it. Japanese candlestick formations show a Bearish Harami chart pattern, which is a means of predicting reversals in bull markets. When a Bearish Harami is detected at the top of a prevailing uptrend, it is typically considered a bearish signal and a prelude to a potential trend reversal.
IShares Global Clean Energy ETF shows positive signs, other assets are also on par: iShares Core Total USD Bond Market ETF is up 1.06%. Having closed the previous session at $88.67, iShares MBS ETF is up 1.27% today to currently trade at around $89.8.
Meanwhile, iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF trades close to $25.35, with no major change.
Moreover, macro data could boost sentiment further as United States Crude Oil Inventories is projected to outperform its last figure with 200,000. It previously stood at -1.73 million; data will be released tomorrow at 14:30 UTC.
Also worthy of note, United States New Home Sales (Sep) scheduled to come out tomorrow at 14:00 UTC.
11 months ago iShares Global Clean Energy ETF reached a significant high of $25.79 but has consequently lost 31% since then.