+Compare
IHAK
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
679.47M

IHAK iShares Cybersecurity and Tech ETF Forecast, Technical & Fundamental Analysis

Category Technology
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for IHAK with price predictions
07:00 PM EST Nov 30, 2023

IHAK in upward trend: 10-day moving average moved above 50-day moving average on November 15, 2023

The 10-day moving average for IHAK crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 03, 2023. You may want to consider a long position or call options on IHAK as a result. In of 74 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 IHAK just turned positive on November 06, 2023. Looking at past instances where IHAK's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

IHAK moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IHAK advanced for three days, in of 306 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 271 cases where IHAK 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 8 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 18 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 IHAK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

IHAK broke above its upper Bollinger Band on November 14, 2023. 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.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Palo Alto Networks (NASDAQ:PANW), VMware (NASDAQ:VMW), CrowdStrike Holdings (NASDAQ:CRWD), Zscaler (NASDAQ:ZS), Okta (NASDAQ:OKTA), Juniper Networks (NYSE:JNPR), CyberArk Software Ltd (NASDAQ:CYBR), SentinelOne (NYSE:S), BlackBerry Limited (NYSE:BB).

Industry description

The investment seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM. The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.

Market Cap

The average market capitalization across the iShares Cybersecurity and Tech ETF ETF is 17.52B. The market cap for tickers in the group ranges from 183.92M to 84.84B. PANW holds the highest valuation in this group at 84.84B. The lowest valued company is NETC at 183.92M.

High and low price notable news

The average weekly price growth across all stocks in the iShares Cybersecurity and Tech ETF ETF was 4%. For the same ETF, the average monthly price growth was 15%, and the average quarterly price growth was 16%. CRWD experienced the highest price growth at 12%, while TMV experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the iShares Cybersecurity and Tech ETF ETF was 180%. For the same stocks of the ETF, the average monthly volume growth was 59% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 67
P/E Growth Rating: 64
Price Growth Rating: 47
SMR Rating: 69
Profit Risk Rating: 63
Seasonality Score: 16 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
FBOGX8.890.15
+1.72%
Templeton Global Smaller Comp R6
FMQRX13.800.13
+0.95%
Franklin Mutual Quest R6
CHAIX13.500.08
+0.60%
Chase Growth Institutional
CBMCX36.16N/A
N/A
Allspring C&B Mid Cap Value C
TCEPX32.36N/A
N/A
TIAA-CREF Equity Index Premier

IHAK and

Correlation & Price change

A.I.dvisor indicates that over the last year, IHAK has been closely correlated with VGT. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if IHAK jumps, then VGT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IHAK
1D Price
Change %
IHAK100%
+1.85%
VGT - IHAK
75%
Closely correlated
+0.57%
IYW - IHAK
74%
Closely correlated
+0.34%
XLK - IHAK
72%
Closely correlated
+0.23%
SOXX - IHAK
66%
Loosely correlated
+0.47%
SMH - IHAK
64%
Loosely correlated
+0.41%