IGM Stock iShares Expanded Tech Sector ETF (IGM, $105.38) price may drop as it broke higher Bollinger Band on Jun 04, 2025

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IGM - iShares Expanded Tech Sector ETF

Bollinger signal

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Odds of DOWN Trend

Price: $105.38

Daily change: +$0.7 (+0.67%)

Daily volume: 172.5K

Net Assets: $6.1B

IGM's RSI Oscillator sits in overbought zone for 2 days

Watch for a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated 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 Moving Average Convergence Divergence Histogram (MACD) for IGM turned negative on May 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

IGM broke above its upper Bollinger Band on June 04, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 02, 2025. You may want to consider a long position or call options on IGM as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

IGM moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IGM crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 380 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 372 cases where IGM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .