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Software Stocks w/ Weak Technical Scores

Please check below for our Technical Scoring on the iShares Expanded Tech Software ETF (IGV). We’re focusing today on the stocks with the poorest scores by offering a brief technical comment.

Our focus is not to say that the group or tech is bearish, because it’s not – and this is corroborated by the still strong scores for 68% of the stocks in the ETF (and 72% of the stocks in the S&P Technology Sector). Rather, it’s merely to identify the stocks that are problems currently.

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Source: 22V Research