ETEC iShares Breakthrough Envirtl Sol ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Morningstar Global Emerging Green Technologies Select Index... Show more
ETEC in downward trend: price may decline as a result of having broken its higher Bollinger Band on August 22, 2025
ETEC broke above its upper Bollinger Band on August 22, 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 23 similar instances where the stock broke above the upper band. In of the 23 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 14 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 12 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 ETEC 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 Moving Average Convergence Divergence (MACD) for ETEC just turned positive on August 12, 2025. Looking at past instances where ETEC's MACD turned positive, the stock continued to rise in of 32 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 ETEC advanced for three days, in of 87 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 88 cases where ETEC 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
ETEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ETEC has been loosely correlated with SOXX. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if ETEC jumps, then SOXX could also see price increases.
| Ticker / NAME | Correlation To ETEC | 1D Price Change % | ||
|---|---|---|---|---|
| ETEC | 100% | N/A | ||
| SOXX - ETEC | 62% Loosely correlated | +0.48% | ||
| VGT - ETEC | 60% Loosely correlated | +0.99% | ||
| CHAT - ETEC | 59% Loosely correlated | +1.97% | ||
| SMH - ETEC | 57% Loosely correlated | +0.41% | ||
| IYW - ETEC | 56% Loosely correlated | +0.93% | ||
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