
Technical analysis of iShares U.S. Home Construction ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The iShares U.S. Home Construction ETF (ITB) is an exchange-traded fund that tracks the performance of the U.S. home construction sector. The fund invests at least 80% of its assets in the component securities of its underlying index, and may use up to 20% in derivatives, cash and cash equivalents.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
86.87 $
−0.55%
50 sessions
91.11 $
−5.17%
200 sessions
95.84 $
−9.85%
s2
84.32
Support
s1
85.54
Support
pivot
86.39
Pivot
r1
87.61
Resistance
r2
88.46
Resistance
In the October 16, 2026 session iShares U.S. Home Construction ETF closed lower at 86.40 $, −0.40% versus the previous session.
The price sits below every moving average observed: −0.55% against the 21-session average, −5.17% against the 50 and −9.85% against the 200.
The 14-period RSI reads 46.3, in neutral territory.
MACD stands at -1.583 against a signal line at -1.797: the histogram is positive (+0.214).
ADX reads 21.2, indicating weak directionality.
Levels computed on the latest session place supports at 85.54 and 84.32 $ and resistances at 87.61 and 88.46 $, around a pivot of 86.39.
The average daily range (ATR) is 2.235 $, or 2.59% of price.
Turnover was 7M shares, 219% of the 20-session average.
Over the last twelve months the price ranged between 82.08 and 105.49 $, and today stands −18.10% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is iShares U.S. Home Construction ETF analysed technically?
Technical analysis of iShares U.S. Home Construction ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for iShares U.S. Home Construction ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to iShares U.S. Home Construction ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares U.S. Home Construction ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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