Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

Stocks

Cybersecurity Makes Yet Another Statement

by admin February 3, 2025
February 3, 2025
Cybersecurity Makes Yet Another Statement

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
Bidder’s Statement
next post
The Best Five Sectors, #5

Related Posts

S&P 500 Drops Quickly to Test Key Support...

April 2, 2025

Financials’ Strong Week Lifts Them to Within a...

March 3, 2025

Top 10 Stock Charts For May 2025: Breakouts,...

May 4, 2025

Week Ahead: NIFTY Stays In Technically Challanging Situation;...

May 25, 2025

50% of S&P 500 Stocks Just Turned Bullish...

May 16, 2025

S&P 500 Slide Explained: What Past Price Action...

May 27, 2025

S&P 500 Sectors Play Musical Chairs: How To...

February 10, 2025

Is a New Market Uptrend Starting? Key Signals...

March 15, 2025

Sector Rotation & Seasonality: What’s Driving the Market...

March 6, 2025

Hidden Gems: Bullish Patterns Emerging in These Country...

April 24, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Zelensky departs Germany with pledge for help with long-range weapons, but no Taurus missiles

      May 29, 2025
    • Costa Rican police say they busted crime ring trafficking Asian migrants to US

      May 29, 2025
    • Brazilian nuns go viral after beatboxing on Catholic TV

      May 29, 2025
    • Hundreds of starving Palestinians storm Gaza food warehouse in deadly incident, says UN agency

      May 29, 2025
    • ‘We are living in a war’: Mexicans brace for violence ahead of judicial elections

      May 29, 2025
    • He left Venezuela for the US, dreaming of a career in cosmetics. He was deported to a Salvadoran prison

      May 29, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved