ICOP

Technical Sentiment Analysis for iShares Copper and Metals Mining ETF (ICOP). As of 2026-05-06, iShares Copper and Metals Mining ETF (ICOP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 12 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ICOP stands at 56.42, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 26.06 and the Commodity Channel Index (CCI) at 26.13 further confirm a -0.51 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, ICOP is trading above its 60-day moving average of $50.61 and above its 200-day long-term moving average of $42.61. Key price levels to watch include the immediate resistance at $52.69 and strong support at $47.82. A break above $52.69 could signal a bull continuation, while falling below $47.82 may test the next Fibonacci floor at $45.53.