ICOP

Technical Sentiment Analysis for iShares Copper and Metals Mining ETF (ICOP). As of 2026-03-04, iShares Copper and Metals Mining ETF (ICOP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ICOP stands at 50.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.21, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 52.29 and the Commodity Channel Index (CCI) at -17.09 further confirm a 0.47 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, ICOP is trading above its 60-day moving average of $49.44 and above its 200-day long-term moving average of $38.19. Key price levels to watch include the immediate resistance at $58.38 and strong support at $51.54. A break above $58.38 could signal a bull continuation, while falling below $51.54 may test the next Fibonacci floor at $47.86.