IShares Global Clean Energy ETF was flat yesterday following three consecutive days of gains

Yesterday at a glance: iShares Global Clean Energy ETF recovered back to $18.55 after dipping down to $18.41, in a session that followed Wednesday's $18.57 close value.

IShares Global Clean Energy ETF's state is reflected by market data as United States Pending Home Sales fell short of the 0.5% projections, with new data of 0%. Data from United States concerning GDP was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 2.6 to 1.3 this month. United States Initial Jobless Claims beat the 250,000 projections, with 229,000.

Trend and momentum analysis indicates that the MACD index is indicating that momentum is shifting from bullish to bearish following a negative crossover. When the MACD falls below the signal line, it is typically considered to be a bearish development favoring short positions. Asset volatility analysis shows that iShares Global Clean Energy ETF's upper Bollinger Band® is at $19.15 and the lower is $18.1. A study of iShares Global Clean Energy ETF's chart reveals various key levels to watch: iShares Global Clean Energy ETF reversed direction at $18.44 support zone and climbed 11 cents above it.

All in all, the technical analysis suggests iShares Global Clean Energy ETF has no clear-cut direction.

While iShares Global Clean Energy ETF was pretty flat yesterday, mixed performances were seen elsewhere as NVIDIA added 24.37% and closed around $305.38 yesterday. Notably, TSM rose 12% yesterday and closed at $90.13. AT&T is down to $15.15, losing 80 cents, after ending the previous session around $15.95.

Data to be released today might clear up some of the market fog as today at 12:30 UTC data for United States Core Durable Goods Orders will be released, with an expected decline to 0% from the preceding figure of 0.3%. United States Core PCE Price Index (MoM) (Apr) will be released today at 12:30 UTC.

9 months ago iShares Global Clean Energy ETF reached a significant high of $23.61 but has consequently lost 21.35% since then.