iShares Global Timber & Forestry ETF technical analysis
Technical analysis of iShares Global Timber & Forestry ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is iShares Global Timber & Forestry ETF
The iShares Global Timber & Forestry ETF (WOOD) is an exchange-traded fund that tracks an index focused on natural resources, specifically the timber and forestry sector. The fund invests at least 80% of its assets in the component securities of the underlying index and may allocate up to 20% to derivative instruments, cash and cash equivalents.
Description generated automatically from public sources; it may be inaccurate or out of date.
iShares Global Timber & Forestry ETF: latest session data
Closing values for October 16, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
67.72 $
−1.53%
50 sessions
70.05 $
−4.79%
200 sessions
70.60 $
−5.54%
Session levels
s2
66.35
Support
s1
66.48
Support
pivot
66.62
Pivot
r1
66.75
Resistance
r2
66.89
Resistance
How to read it
In the October 16, 2026 session iShares Global Timber & Forestry ETF closed higher at 66.69 $, +0.12% versus the previous session.
The price sits below every moving average observed: −1.53% against the 21-session average, −4.79% against the 50 and −5.54% against the 200.
The 14-period RSI reads 37.9, in neutral territory.
MACD stands at -1.047 against a signal line at -1.135: the histogram is positive (+0.088).
ADX reads 29.3, indicating a marked directionality.
Levels computed on the latest session place supports at 66.48 and 66.35 $ and resistances at 66.75 and 66.89 $, around a pivot of 66.62.
The average daily range (ATR) is 0.761 $, or 1.14% of price.
Turnover was 105.5K shares, 459% of the 20-session average.
Over the last twelve months the price ranged between 63.93 and 73.66 $, and today stands −9.46% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
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How Montbon’s technical analysis works
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.
FAQ about iShares Global Timber & Forestry ETF
How is iShares Global Timber & Forestry ETF analysed technically?
Technical analysis of iShares Global Timber & Forestry 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 Global Timber & Forestry 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 Global Timber & Forestry ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares Global Timber & Forestry ETF it helps frame the technical structure of the historical chart and is not a forecast.
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