IGV
Ishares Expanded Tech-Softwa
$102.66
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Thematic ETF · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $106.75–109.19 | +4.0% to +6.4% | wk high 08-14, wk high ’25-02-21, wk low ’25-08-01 |
| Trading stop · daily close | below $99.34 | -3.2% | trading downgrade |
| Trend stop · Friday close | below $96.20 | -6.3% | trend downgrade one state |
| Breakout Buy Level | close above $105.61 | +2.9% | top of R1 (wk high ’25-01-10, wk low 10-02) |
APPENDIX · IGV · TECHNICAL TRADING SCORECARD
Scores · Trend 91.7
| RS vs S&P (20) + sector (10) | 20.0 + 10.0 = 30.0 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 91.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Up → 10-02 Up → 10-09 Up → 10-16 Up → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 34.1
| RS (S&P 20 + sector 10) | 0.0 + 6.0 / 30 |
| Structure | 20 / 25 |
| Coppock (daily) — negative & falling | 2.5 / 25 |
| Band position | 5.6 / 20 |
| Raw | 34.1 (Early Down) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 34.1 Early Down |
| ✖ Close above 50-day SMA 0/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (IGV close needed) |
|---|
| Trend · S&P | 1 Established Up (+) → | +2.05% | +1.00% | Est. Up ≥ 102.99 (+0.3%) · Est. Down < 82.50 |
| Trend · XLK | 1 Established Up (+) → | +4.82% | +2.16% | Est. Up ≥ 100.08 (-2.5%) · Est. Down < 79.88 |
| Trading · S&P | 5 Established Down (−) ↓ | -3.28% | -3.02% | Est. Up ≥ 116.13 (+13.1%) · Early Up ≥ 106.47 · Est. Down < 105.90 |
| Trading · XLK | 3 Neutral (+) ↓ | -0.07% | +1.67% | Est. Up ≥ 103.22 (+0.5%) · Est. Down < 93.72 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 102.66)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 110.57–113.70 | +7.7% to +10.8% | wk high 09-04 110.57 · wk high 2024-12-13 110.84 · wk low ’25-10-17 111.47 · wk high ’25-07-04 111.61 · wk high 10-16 113.70 |
| R2 | 106.75–109.19 | +4.0% to +6.4% | wk high 08-14 106.75 · wk high ’25-02-21 107.86 · wk low ’25-08-01 108.06 · wk high ’25-12-26 109.19 |
| R1 | 102.74–105.61 | +0.1% to +2.9% | wk high ’25-01-10 102.74 · wk low 10-02 103.57 · wk low 10-16 103.73 · wk low ’25-06-27 104.05 · wk low ’25-08-22 104.48 · wk low ’25-12-19 104.67 · wk low ’25-09-05 105.30 · wk high ’25-05-16 105.61 |
| S1 | 99.34–101.93 | -0.7% to -3.2% | wk low 01-02 101.93 · wk low ’25-05-23 101.20 · wk low 09-11 100.59 · wk low ’25-02-07 100.18 · wk low 2024-12-20 100.04 · wk low 2024-11-22 99.82 · wk low 08-28 99.72 · wk high 01-30 99.34 |
| S2 | 96.20–98.70 | -3.9% to -6.3% | wk low ’25-11-21 98.70 · 50% 97.33 · wk high ’25-03-28 96.50 · wk high 07-10 96.20 |
| S3 | 93.55–95.48 | -7.0% to -8.9% | wk low ’25-01-17 95.48 · 200-day SMA 93.99 · wk high 2024-10-18 93.69 · 40-wk SMA 93.55 |
| ATH | 117.99 | +14.9% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 99.34 (-3.2%): trading downgrades one state, re-anchor to S2 96.20–98.70.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 96.20 (-6.3%): trend downgrades one state, re-anchor to S3 93.55–95.48.
- Trend vs S&P: Est. Up ≥ 102.99 (+0.3%) · above its 16-wk avg ≥ 102.99 · Est. Down < 82.50 (-19.6%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 116.13 · Early Up ≥ 106.47 · Est. Down < 105.90.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
Thematic ETFs holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-20 (Thematic ETFs bot list: /home/box/thematic-etf-scorecard/latest.json (built 2026-10-21 07:51 PT, from PortfolioDashboardBBG.xlsx MASTER!CK6 'THEMATIC ETFS' block; live at https://skc-thematic-etfs.pages.dev/)); Theme: Software. Benchmarks: S&P 500 (20 pts) and XLK (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
