IDAT iShares Future Cloud 5G and Tech ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity IndexSM composed of companies from developed and emerging markets that could benefit from providing products, services, and technologies related to cloud computing and 5G... Show more
IDAT sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for IDAT moved above the 200-day moving average on June 25, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on IDAT as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IDAT just turned positive on June 25, 2025. Looking at past instances where IDAT's MACD turned positive, the stock continued to rise in of 34 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IDAT advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 188 cases where IDAT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
IDAT broke above its upper Bollinger Band on June 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Technology
IDAT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IDAT has been closely correlated with FTEC. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if IDAT jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To IDAT | 1D Price Change % | ||
|---|---|---|---|---|
| IDAT | 100% | N/A | ||
| FTEC - IDAT | 88% Closely correlated | -0.03% | ||
| CHAT - IDAT | 42% Loosely correlated | -0.66% | ||
| CIBR - IDAT | 39% Loosely correlated | -0.51% | ||
| SOXX - IDAT | 14% Poorly correlated | -0.09% | ||
| XLK - IDAT | 12% Poorly correlated | -0.12% | ||
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