IGV iShares Expanded Tech-Software Sector ETF

ETF BATS Financial Services

US$105.02 -0.53% Latest close

iShares Expanded Tech-Software Sector ETF (IGV) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on BATS. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

Mid-channel

Price is between the two trend lines. Nothing to act on yet.

Read from the last 9 months of history we hold: rising, drifting +28% a year. The target of US$106.00 is below the nearest ceiling (US$111.03), so it does not depend on a breakout. What would overturn this: a close below US$91.08 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

9 months read from
US$91.08 – US$111.03 Rising channel, +28% a year
Position in that channel
70% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-37% from US$117.7622 Sept 2025 β†’ 10 Apr 2026
Whose problem it was
This company0 of 31 Asset Management peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
72%of what it lost
What the record says
64% of 57 comparable falls came back, typically in 68 days measured on its own peer group

The trend broke in September 2025: price fell 37% from 117.76 to 74.61 by April 2026, and has regained 72% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. Falls like it have resolved: falls of about 37% here have come back to the old high 64% of the time (57 comparable falls), typically in 68 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 118.59 within 67 days, reached 64% of the time in 57 comparable falls β€” about 0.18% a day held.

Price history, with the path projected 3 months forward

US$80.0US$100.0US$120.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$96.4 Β· est. 26 Sept 26Our target US$106.0 Β· est. 20 Oct 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$96.37

level as at 26 Sept 2026

Our target

US$106.00

by 20 Oct 2026

Projected move

10.0%

gross, before costs

Price sits between our buy level and our target.

The lines are drawn where this stock has actually turned: 2 touches on the ceiling, 4 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 9 times so far, reaching target 67% of the time β€” too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 17% above the entry within 90 days, and of the sizes that path supports, 10% is the one that has returned the most per day of money tied up here β€” measured over the 11 times this entry has come up on this chart, reached 55% of the time, typically in 24 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

Upper line touches
2
Lower line touches
4
Fit confidence
68%
Fitted
16 Sept 2026

About iShares Expanded Tech-Software Sector ETF

This iShares ETF, specializing in the expanded tech-software sector, is designed to mirror the financial performance of an underlying index. This benchmark index primarily comprises North American stocks from the software industry, along with a select portfolio of North American companies operating in the interactive home entertainment and interactive media and services fields.

Sector
Financial Services
Industry
Asset Management
Country
US

https://www.ishares.com/us/products/239771/ishares-north-american-techsoftware-etf

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$14.70B
Enterprise value
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Beta
1.19
Avg volume
16.53M
Revenue per share
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Dividend yield
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52-week range
73.93-117.99
Exchange
CBOE

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.