iShares Global Clean Energy ETF ICLN
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
iShares Global Clean Energy ETF (ICLN) Investment Strategy and Portfolio Holdings Overview
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Key Insights
iShares Global Clean Energy ETF (ICLN) Essential ETF Metrics and Performance Data
Latest Closing Price
$13.53Market Cap
$1.43 BillionAverage Daily Volume
2,061,063 Shares52-Week Range
$10.46-$15.15Total Outstanding Shares
107.50 Million SharesCurrent Dividend
$0.14 Per Share BiannuallyInception Date
June 25, 2008