IGM iShares Expanded Tech Sector ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of an index composed of North American equities in the technology sector and select North American equities from communication services and consumer discretionary sectors... Show more
IGM in downward trend: price may drop because broke its higher Bollinger Band on August 12, 2025
IGM broke above its upper Bollinger Band on August 12, 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. The A.I.dvisor looked at 43 similar instances where the stock broke above the upper band. In of the 43 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for IGM moved out of overbought territory on July 31, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IGM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 04, 2025. You may want to consider a long position or call options on IGM as a result. In of 77 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 IGM just turned positive on August 12, 2025. Looking at past instances where IGM's MACD turned positive, the stock continued to rise in of 44 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 IGM advanced for three days, in of 373 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 382 cases where IGM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Technology
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IGM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGM has been closely correlated with FTEC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IGM jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To IGM | 1D Price Change % | ||
|---|---|---|---|---|
| IGM | 100% | -0.45% | ||
| FTEC - IGM | 99% Closely correlated | -0.69% | ||
| VGT - IGM | 99% Closely correlated | -0.63% | ||
| XLK - IGM | 98% Closely correlated | -0.76% | ||
| SMH - IGM | 93% Closely correlated | -2.08% | ||
| SOXX - IGM | 89% Closely correlated | -2.29% | ||
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