Technical Analysis for IVES - Wedbush ETFMG Global Cloud Technology ETF

Grade Last Price % Change Price Change
F 45.5843 3.92% 1.72
IVES closed up 3.92 percent on Friday, May 14, 2021, on 24 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical IVES trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 3.92%
Down 3 Days in a Row Weakness 3.92%
Down 4 Days in a Row Weakness 3.92%
Lower Bollinger Band Touch Weakness 3.92%
Oversold Stochastic Weakness 3.92%
180 Bearish Setup Bearish Swing Setup 2.41%
Jack-in-the-Box Bearish Bearish Swing Setup 2.41%
Inside Day Range Contraction 2.41%
Older End-of-Day Signals for IVES ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High 2 days ago
Up 2% 2 days ago
Up 1 ATR 2 days ago
Up 1% 2 days ago
Down 2 % 3 days ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

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 Software As A Service Cloud Infrastructure Software Applications Storage Services Software Platform Software Platforms Cloud Based Technology Cloud Technology Data Center Management

Top 10 Components

Symbol Grade Price % Change Allocation
OTEX D 2.03 4.81
ESTC D 6.44 3.98
GDS D 7.48 3.62
NET D 8.48 3.54
NTAP A 2.47 3.51
DDOG D 6.62 3.26
KC F 5.94 3.17
ZEN D 3.34 3.17
MDB F 6.72 2.67
COUP F 3.24 2.67
View All IVES Holdings

Is IVES a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 60.0
52 Week Low 34.25
Average Volume 4,490
200-Day Moving Average 47.72
50-Day Moving Average 48.85
20-Day Moving Average 48.22
10-Day Moving Average 46.07
Average True Range 1.14
ADX 31.46
+DI 16.11
-DI 46.72
Chandelier Exit (Long, 3 ATRs ) 48.22
Chandelier Exit (Short, 3 ATRs ) 46.92
Upper Bollinger Band 53.08
Lower Bollinger Band 43.36
Percent B (%b) 0.23
BandWidth 20.15
MACD Line -1.41
MACD Signal Line -0.98
MACD Histogram -0.4334
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.59
Resistance 3 (R3) 47.36 46.47 47.25
Resistance 2 (R2) 46.47 45.96 46.59 47.14
Resistance 1 (R1) 46.03 45.65 46.25 46.25 47.03
Pivot Point 45.14 45.14 45.25 45.25 45.14
Support 1 (S1) 44.69 44.63 44.92 44.92 44.14
Support 2 (S2) 43.81 44.31 43.92 44.03
Support 3 (S3) 43.36 43.81 43.92
Support 4 (S4) 43.58