SHLD Global X - Defense Tech ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 8-month channel falling
Price is between the lines.
- 8-month channel
- US$58.62 – US$74.67 · falling, −24% a year
- Price in channel
- 31% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$74.67
- Turns bearish below
- US$58.62
What broke this trend
- The fall
- -25% from US$77.789 Mar 2026 → 25 June 2026
- Whose problem it was
- This company1 of 19 Asset Management - Global peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 28%of what it lost
- What the record says
- 39% of 21 comparable falls came back, typically in 49 days measured on its own peer group
Fell -25% (9 Mar 2026 → 25 June 2026); regained 28% so far; company-specific.
Reported at the time: $100 Invested In Global X Defense Tech ETF 5 Years Ago Would Be Worth This Much Today — 13 Mar 2026
Price history, with the path projected 3 months forward
Updated 7:14 PM ET (6 h ago)
- Daily close
- Upper trend line (8 months)
- Lower trend line (8 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$61.25
level as at 19 Nov 2026
Our target
US$67.38
by 31 Dec 2026
Projected move
10.0%
gross, before costs
Price is between our buy and target.
Target: SHLD's usual move size (10.0%), the best return per day on this path.
This move size: reached in 64% of 11 past stretches, typically in 58 days. (0.17% per day)
1 settled call · 0 reached target (0%) · average best move 5.1%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 3
- Fit confidence
- 84%
- Fitted
- 3 Nov 2026
Company information
About Global X - Defense Tech ETF
The Global X Defense Tech ETF, identified by its ticker SHLD, aims to replicate the overall financial performance of the Global X Defense Tech Index. This means it strives to mirror both the capital appreciation and income generation of the underlying index, prior to the deduction of its own operational fees and expenses.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
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- Profitability
- —
- Financial health
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- Cash generation
- —
Key statistics
- Market cap
- US$4.30B
- Enterprise value
- —
- Beta
- 0.28
- Avg volume
- 1.36M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 57.89-78.493
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.