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IHI’s Holdings: How Are Moving Averages Trending?

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Jun. 7 2016, Updated 8:07 a.m. ET

Moving averages of IHI’s holdings

The iShares US Medical Devices (IHI) has 47 stocks in its portfolio. As of June 2, 2016, 91% of its stocks were trading above their 20-day moving averages, 79% were trading above their 50-day moving averages, and 89% were trading above their 100-day moving averages.

The above graph shows the percentage of IHI’s holdings trading at various moving averages on June 2, 2016. Of IHI’s 47 stocks, 43 were trading above their 20-day moving averages, 37 were trading above their 50-day moving averages, and 42 were trading above their 100-day moving averages.

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What’s IHI’s moving average trend?

On June 2, 2016, IHI closed at $133.20 and was trading above its 20-day, 50-day, and 100-day moving averages. As of May 2, 2016, IHI’s 20-day moving average was $127.70. As of June 2, 2016, IHI’s 20-day moving average was $130.10. This indicates an upward trend in the 20-day moving average.

Some IHI stocks are trading above their 20-day moving averages

Stryker (SYK), Becton Dickinson (BDX), Boston Scientific (BSX), and Zimmer Biomet Holdings (ZBH) are some of IHI’s 43 stocks that are trading above their 20-day moving averages.

Let’s see how these stocks were trending for their 100-day moving averages on June 2, 2016, compared to May 2, 2016. As you can see, all these stocks had an upward trend for their 100-day moving averages.

  • Stryker – $104.10 on June 2, 2016; $100 on May 2, 2016
  • Becton Dickinson – $152.60 on June 2, 2016; $149.70 on May 2, 2016
  • Boston Scientific – $19.10 on June 2, 2016; $18.20 on May 2, 2016
  • Zimmer Biomet Holdings – $106.50 on June 2, 2016; $102.70 on May 2, 2016

Now let’s see how these stocks were trending for their 20-day moving averages on June 2, 2016, compared to May 2, 2016. All these stocks had an upward trend for their 20-day moving averages.

  • Stryker – $111.20 on June 2, 2016; $109.30 on May 2, 2016
  • Becton Dickinson – $166.30 on June 2, 2016; $158.30 on May 2, 2016
  • Boston Scientific – $22.40 on June 2, 2016; $20 on May 2, 2016
  • Zimmer Biomet Holdings – $119.30 on June 2, 2016; $113 on May 2, 2016

Moving averages help investors identify price trends and compare current stock prices with various moving average prices. This helps investors identify support and resistance levels. It also helps them make informed investment decisions.

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