ICLN added 2.51% to close at $18.4 Friday

A quick look at Friday: after finishing Thursday at $17.95, iShares Global Clean Energy ETF went up to $18.41 before paring its losses and closing at $18.4.

IShares Trust – iShares Global Clean Energy ETF made an initial breakout above its 10 day Simple Moving Average at $18.19, a potential indicator of a newly emerging bullish phase. In contrast, although iShares Global Clean Energy ETF is appreciating today after rising as high as $18.41, price action is now slowing and consolidating around 11 cents below the $18.51 resistance level.

Overall, looking at the technical analysis landscape, it seems iShares Global Clean Energy ETF might continue pointing upwards in the short term.

Other markets are also showing gains as Novo Nordisk went up by 3.06% Friday, and closed at $161.83. Walmart went up by 1.88% Friday, and closed at $157.18.

At the same time, Nike lost 2.65% Friday and closed at $113.37.

Furthermore, the market is looking at United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.

The fund has been trending lower for about a month. IShares Global Clean Energy ETF has fallen back around 23.97% from the significant high of $23.61 set 10 months ago.