Wednesday, May 14, 2025
Invest Strategies Group
  • Investing
  • Economy
  • Business
  • Stock
No Result
View All Result
Invest Strategies Group
  • Investing
  • Economy
  • Business
  • Stock
No Result
View All Result
Invest Strategies Group
No Result
View All Result
Home Stock

Cybersecurity Makes Yet Another Statement

admin by admin
February 1, 2025
in Stock
0
Cybersecurity Makes Yet Another Statement
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The Cybersecurity ETF (CIBR) has been leading the market for a solid four months and recorded yet another new high this week. Chartists looking to take advantage of this leadership can use two timeframes: one to establish the absolute and relative trends, and another to identify tradable pullbacks along the way. Note that CIBR has been on our radar for four months and was featured in October.  

The first chart shows weekly candlesticks over the last three years. CIBR surged from November-2023 to January 2024 and then formed a long consolidation pattern from February to September. CIBR broke consolidation resistance at 58 in September (price breakout) and closed above 68 this week. This breakout opened to door to the current run.  

The indicator window shows the CIBR/RSP ratio to measure relative performance. This ratio rises when CIBR outperforms the broader market (S&P 500 EW ETF (RSP)) and falls when CIBR underperforms. This ratio broke out in early October to signal relative strength in CIBR (relative breakout). The price breakout and relative breakout proved a power combination. Keep this in mind.

With CIBR in an uptrend and leading in October, chartists can turn to daily charts to identify tradable patterns along the way. For patterns, we can use flags and pennants, which are short-term bullish continuation patterns. Most recently, CIBR broke out of a pennant in mid January and this foreshadowed the run to new highs. We highlighted this pattern in our Chart Trader report as it took shape in mid January.

Chartists can also use indicators to identify tradable pullbacks within a strong uptrend. The bottom window shows Percent-B, which dips below 0 when the close is below the lower Bollinger Band (20,2). This is a “true” oversold condition because price is more than two standard deviations below the 20-day SMA. Percent-B, however, did not dip below zero and become truly oversold. Instead, it became moderately oversold with dips below .20 on December 31st and January 13th. We have to take what the market gives us. This moderately oversold condition coincided with the flag and pennant patterns.  

This week at TrendInvestorPro we analyzed three AI ETFs that cover three distinct areas (AI infrastructure, physical AI, AI software and apps). Our reports and video also highlighted leadership in ETFs related to Cloud Computing and Software, as well as the recent breakout in the Biotech ETF. Click here to learn more and gain immediate access. 

///////////////////////////////////////////////////

Previous Post

DeepSeek Rattles AI Stocks – Should You Buy The Dip?

Next Post

The Best Five Sectors, #5

admin

admin

Next Post
The Best Five Sectors, #5

The Best Five Sectors, #5

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recommended

    Watch For These Seasonality Patterns in 2025

    Watch For These Seasonality Patterns in 2025

    February 6, 2025
    Panelists: Hard Assets Key as Geopolitical Shifts Reshape Global Markets

    Panelists: Hard Assets Key as Geopolitical Shifts Reshape Global Markets

    February 3, 2025

    Recent News

    Navigating Earnings: Three Stocks, Three Different Stories

    Navigating Earnings: Three Stocks, Three Different Stories

    May 13, 2025
    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 13, 2025
    Market Maker Manipulation;  Oops, They Did It Again!

    Market Maker Manipulation; Oops, They Did It Again!

    May 13, 2025
    Web3 Leaders Gather in Toronto for Canada Crypto Week

    Web3 Leaders Gather in Toronto for Canada Crypto Week

    May 13, 2025
    Invest Strategies Group

    Browse by Category

    • Business
    • Economy
    • Investing
    • Stock

    Recent News

    Navigating Earnings: Three Stocks, Three Different Stories

    Navigating Earnings: Three Stocks, Three Different Stories

    May 13, 2025
    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 13, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investstrategiesgroup.com | All Rights Reserved

    No Result
    View All Result
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
    • Home 6
    • Privacy Policy
    • Suspicious Page
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investstrategiesgroup.com | All Rights Reserved