ICLN Stock Summary and Trading Ideas (iShares Global Clean Energy ETF | NASDAQ:ICLN)

The iShares S&P Global Clean Energy Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Clean Energy Index.

iShares Global Clean Energy ETF trades on the NASDAQ stock market under the symbol ICLN.

As of October 3, 2024, ICLN stock price declined to $14.21 with 1,174,994 million shares trading.

ICLN has a beta of 1.04, meaning it tends to be more sensitive to market movements. ICLN has a correlation of 0.25 to the broad based SPY ETF.

ICLN has a market cap of $2.14 billion. This is considered a Mid Cap stock.

In the last 3 years, ICLN traded as high as $25.80 and as low as $12.72.

ICLN has underperformed the market in the last year with a price return of +2.6% while the SPY ETF gained +34.5%. However, in the short term, ICLN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.2% vs +3.7% return in SPY. But in the last 2 weeks, ICLN shares have been beat by the market, returning -2.7% compared to an SPY return of +1.5%.

ICLN support price is $14.19 and resistance is $14.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ICLN shares will trade within this expected range on the day.