IEO Stock Summary and Trading Ideas (iShares U.S. Oil & Gas Exploration & Production ETF | BATS:IEO)

The iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Oil Exploration & Production Index.

iShares U.S. Oil & Gas Exploration & Production ETF trades on the BATS stock market under the symbol IEO.

As of April 26, 2024, IEO stock price declined to $108.44 with 180,084 million shares trading.

IEO has a beta of 0.59, meaning it tends to be less sensitive to market movements. IEO has a correlation of 0.11 to the broad based SPY ETF.

IEO has a market cap of $905.47 million. This is considered a Small Cap stock.

In the last 3 years, IEO stock traded as high as $112.72 and as low as $45.80.

IEO has outperformed the market in the last year with a return of +32.2%, while the SPY ETF gained +27.4%. In the last 3 month period, IEO beat the market returning +18.1%, while SPY returned +4.6%. However, in the most recent 2 weeks IEO has underperformed the stock market by returning -1.1%, while SPY returned -0.5%.

IEO support price is $107.58 and resistance is $110.18 (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 IEO stock will trade within this expected range on the day.