Support and resistance lines are just a GUIDE, not a MUST !!!Just because it has landed on the support line or resistance level does not mean it must rebound or heads south. As investors, we must know that these are based on historical patterns and past history is not a representation of the current market conditions.
Thus, it is wise to take a small nibble
Key stats
About ISHARES U.S. MEDICAL DEVICES ETF
Home page
Inception date
May 1, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IHI is a niche sector fund that specifically targets domestic companies engaged in the medical devices portion of the broader health care space. It aims to invest in companies that manufacture and distribute medical devices such as magnetic resonance imaging (MRI) scanners, prosthetics, pacemakers, X-Ray machines, and other non-disposable medical devices. The fund is rebalanced quarterly and weighted by float-adjusted market cap, subject to capping restraints of 22.5% for any individual company. The fund uses a sampling method, and may not hold all of the securities in the index.
Classification
What's in the fund
Exposure type
Health Technology
Stock breakdown by region
Top 10 holdings
Breakout on Medical-DevicesTechnicals
IHI is breaking out of a parallel channel with an RSI(14) = 69.
A measured move to continue to a new channel, would take us to to $322 approximately.
A close below $285 would negate the current up-trend.
News
ABT has come out with a COVID-19 test kit, which reveals the result in
IHI 23% profit on 2nd COVID-19 market dropLong -term investment idea for ETF AMEX:IHI on potential 2nd COVID-19 market drop.
IHI 23% profit / Long trade 225.39 -> 278.02 / TrailStop 26.32 of price amount
Profit: 23%, Risk: 11.5%, Risk ratio = 1/2
Allocation: 15% of the portfolio
All equities from our ideas was fundamentally checked and
Medical devices will winHealthcare has been a leader YTD, as it has the defensive nature and is gaining momentum on the spread and containment of the COVID. Also, negative sentiment of the healthcare sector regarding the opioid crisis (which seems like a long time ago now), and politicians creating regulations for insuranc
IHI - Pullback coming mid January-Feb. 2020THIS IS NOT READY YET IMO
IHI - Medical Devices ETF
Forming an ascending wedge similar to much of the market. Bearish pattern.
Pattern runs out of room February 2020. Watch closely Jan. 15 2020 going forward for entry.
When Weekly trend turns bearish and gets close to white resistance line fo
Example about Shoulder Head Shoulder I try to show an example of the signal Shoulder Head Shoulder, I found the ETF IHI which represents almost perfectly the figure of the shoulder head shoulder. Also, The calculation is made for a short position where the scope is the measure between the head stop and the resistance line and this heig
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IHI trades at 1,200.00 MXN today, its price has risen 0.02% in the past 24 hours. Track more dynamics on IHI price chart.
IHI net asset value is 1,197.35 today — it's risen 8.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IHI assets under management is 90.62 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IHI price has risen by 5.98% over the last month, and its yearly performance shows a 27.41% increase. See more dynamics on IHI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.30% over the last month, showed a −6.41% decrease in three-month performance and has increased by 29.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.30% over the last month, showed a −6.41% decrease in three-month performance and has increased by 29.81% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IHI invests in stocks. See more details in our Analysis section.
IHI expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IHI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IHI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IHI shows the buy signal. See more of IHI technicals for a more comprehensive analysis.
Today, IHI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IHI shows the buy signal. See more of IHI technicals for a more comprehensive analysis.
Yes, IHI pays dividends to its holders with the dividend yield of 0.44%.
IHI trades at a premium (1.45%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IHI shares are issued by BlackRock, Inc.
IHI follows the DJ US Select / Medical Equipment. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 1, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.