How is IYR doing right now?
In plain terms: IYR is 0.7% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now IYR — iShares U.S. Real Estate ETF — is at or near all-time highs, down 0.7% from its record high. Last price: $103.34. When an asset is this close to highs, drawdown signals are mostly noise — the more useful question is whether the next 5-10% pullback will be bought aggressively.
