IHI
Ishares U.S. Medical Devices
$56.43
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Thematic ETF · entry card
APPENDIX · IHI · TECHNICAL TRADING SCORECARD
Scores · Trend 51.7
| RS vs S&P (20) + sector (10) | 20.0 + 0.0 = 20.0 / 30 |
| Structure (6 checks) | 11 / 30 |
| Score = (RS + structure) × 100/60 | 51.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Neutral |
| Confirmation (2 consecutive Fridays) | confirmed Neutral |
| Trend (confirmed) | Neutral |
✔ Fri close above 40-wk SMA 6/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✖ Fri close above 200-wk (4-yr) SMA 0/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Neutral → 10-23 Neutral → 10-30 Neutral. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 82.5
| RS (S&P 20 + sector 10) | 20.0 + 7.7 / 30 |
| Structure | 19 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 10.8 / 20 |
| Raw | 82.5 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 82.5 Established Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (IHI close needed) |
|---|
| Trend · S&P | 1 Established Up (+) → | +3.99% | +2.65% | Est. Up ≥ 52.72 (-6.6%) · Est. Down < 48.13 |
| Trend · XLV | 5 Established Down (−) → | -5.38% | -2.90% | Est. Up ≥ 62.39 (+10.6%) · Early Up ≥ 57.84 · Est. Down < 57.53 |
| Trading · S&P | 1 Established Up (+) → | +4.76% | +3.36% | Est. Up ≥ 54.17 (-4.0%) · Est. Down < 40.82 |
| Trading · XLV | 2 Early Up (+) ↑ | +1.02% | +1.34% | Est. Up ≥ 56.63 (+0.4%) · Early Up ≥ 56.02 · Est. Down < 55.72 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 56.43)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 60.88–62.52 | +7.9% to +10.8% | wk high 2024-11-08 60.88 · wk high ’25-03-28 61.08 · wk high ’25-10-03 61.11 · wk high 2024-11-29 61.28 · wk low 01-02 61.53 · wk low ’25-12-12 61.64 · wk high ’25-08-01 61.86 · wk high ’25-06-06 62.52 |
| R2 | 59.03–60.61 | +4.6% to +7.4% | wk low ’25-01-17 59.03 · wk low ’25-08-01 59.09 · wk low ’25-07-18 59.56 · wk low ’25-06-27 59.69 · wk low ’25-11-07 59.86 · wk low ’25-05-23 60.21 · wk high 02-27 60.40 · wk high 2024-10-18 60.43 · wk low ’25-09-05 60.61 |
| R1 | 57.17–58.48 | +1.3% to +3.6% | wk high 08-21 57.17 · wk low 2024-10-11 57.24 · wk low 02-13 57.28 · wk low 2024-12-20 57.73 · wk low ’25-01-03 58.04 · wk low 2024-11-01 58.09 · 61.8% 58.11 · wk low ’25-10-03 58.18 · wk low ’25-03-14 58.43 · wk low ’25-10-17 58.48 |
| S1 | 54.84–55.44 | -1.8% to -2.8% | wk low ’25-04-25 55.44 · wk high 04-17 54.84 |
| S2 | 52.13–53.49 | -5.2% to -7.6% | 200-day SMA 53.49 · 40-wk SMA 53.18 · wk low ’25-04-11 52.90 · wk high 09-25 52.53 · wk low 04-03 52.13 |
| S3 | 50.19–51.12 | -9.4% to -11.1% | wk high 05-22 51.12 · wk low 09-11 50.49 · wk low 10-02 50.19 |
| ATH | 67.29 | +19.2% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 54.84 (-2.8%): trading downgrades one state, re-anchor to S2 52.13–53.49.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 52.13 (-7.6%): trend downgrades one state, re-anchor to S3 50.19–51.12.
- Trend vs S&P: Est. Up ≥ 52.72 (-6.6%) · above its 16-wk avg ≥ 52.72 · Est. Down < 48.13 (-14.7%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 54.17 · Est. Down < 40.82.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
Thematic ETFs holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-20 (Thematic ETFs bot list: /home/box/thematic-etf-scorecard/latest.json (built 2026-10-21 07:51 PT, from PortfolioDashboardBBG.xlsx MASTER!CK6 'THEMATIC ETFS' block; live at https://skc-thematic-etfs.pages.dev/)); Theme: Medical Devices. Benchmarks: S&P 500 (20 pts) and XLV (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
