Technical Analysis for IVES - Wedbush ETFMG Global Cloud Technology ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
MACD Bearish Signal Line Cross | Bearish | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Gapped Up | Strength | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Hammer Candlestick | Bullish | 0.74% | |
Narrow Range Bar | Range Contraction | 0.74% | |
Doji - Bullish? | Reversal | 0.74% | |
Overbought Stochastic | Strength | 0.74% | |
Down 3 Days in a Row | Weakness | 0.74% | |
Down 4 Days in a Row | Weakness | 0.74% |
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Wedbush ETFMG Global Cloud Technology ETF Description
The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”
Classification
Keywords: Computing Cloud Computing Cloud Infrastructure Software As A Service Software Application Software Platform Storage Services Cloud Based Technology Cloud Technology Data Center Management
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 50.0 |
52 Week Low | 32.4846 |
Average Volume | 1,131 |
200-Day Moving Average | 45.20 |
50-Day Moving Average | 46.95 |
20-Day Moving Average | 48.45 |
10-Day Moving Average | 49.16 |
Average True Range | 0.72 |
RSI (14) | 61.09 |
ADX | 12.54 |
+DI | 33.20 |
-DI | 39.63 |
Chandelier Exit (Long, 3 ATRs) | 47.83 |
Chandelier Exit (Short, 3 ATRs) | 47.07 |
Upper Bollinger Bands | 50.07 |
Lower Bollinger Band | 46.83 |
Percent B (%b) | 0.73 |
BandWidth | 6.68 |
MACD Line | 0.73 |
MACD Signal Line | 0.74 |
MACD Histogram | -0.008 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 49.32 | ||||
Resistance 3 (R3) | 49.34 | 49.31 | 49.31 | ||
Resistance 2 (R2) | 49.31 | 49.28 | 49.31 | 49.30 | |
Resistance 1 (R1) | 49.26 | 49.26 | 49.29 | 49.25 | 49.29 |
Pivot Point | 49.24 | 49.24 | 49.25 | 49.23 | 49.24 |
Support 1 (S1) | 49.18 | 49.21 | 49.21 | 49.17 | 49.13 |
Support 2 (S2) | 49.16 | 49.19 | 49.15 | 49.12 | |
Support 3 (S3) | 49.11 | 49.16 | 49.11 | ||
Support 4 (S4) | 49.10 |