IGV (Software ETF) Stock Clusters
calendar_today Market Date: February 6, 2026 update Updated: Feb 7, 2026 4:25 AM
insights Market Summary
The tech sector is predominantly bearish, with most clusters showing significant 30-day declines and low RSI values indicating potential oversold conditions. However, a small group of stocks with positive momentum suggests selective opportunities amid the broader downturn.
High Growth Tech Decliners
bearishlightbulb These tech stocks have experienced sharp declines over the past 30 days, reflecting market concerns about growth sustainability. High volatility suggests potential for rapid reversals or further downside.
Stable Tech Giants
bearishlightbulb These established tech giants show more resilience compared to high-growth peers but are still under pressure from market-wide selloffs. Their lower volatility indicates a more stable investor base.
Mid-Cap Tech Underperformers
bearishlightbulb These mid-cap tech stocks are facing significant downward pressure, likely due to sector rotation and risk aversion. Their RSI values suggest potential oversold conditions.
High Volatility Emerging Tech
neutralPositive Momentum Tech
bullishSoftware Design Innovators
bearishCybersecurity Mixed Bag
bearishEnterprise Software Decliners
bearishlightbulb Enterprise software stocks like VRSN are under pressure, likely due to reduced corporate IT budgets. Low RSI indicates potential oversold conditions.
Miscellaneous Tech Performers
bearishlightbulb This cluster captures outliers with extreme characteristics, such as very high volatility and significant declines. These stocks may represent high-risk, high-reward opportunities.
leaderboard Clusters by Performance
| Rank | Cluster | Top Stocks | 30D Return | RSI | Trend |
|---|---|---|---|---|---|
| #1 | Positive Momentum Tech | ZM FTNT FFIV | +7.00% | 61.8 | bullish |
| #2 | Software Design Innovators | CDNS PTC MANH | -14.50% | 35.5 | bearish |
| #3 | High Volatility Emerging Tech | DDOG MDB NET | -14.70% | 45.2 | neutral |
| #4 | Enterprise Software Decliners | VRSN | -15.50% | 27.4 | bearish |
| #5 | Cybersecurity Mixed Bag | S PATH OKTA | -16.30% | 34.2 | bearish |
| #6 | Stable Tech Giants | MSFT ADBE SAP | -19.20% | 30.1 | bearish |
| #7 | Low Price Tech Strugglers | RNG GEN | -23.70% | 38.1 | bearish |
| #8 | Mid-Cap Tech Underperformers | PLTR ORCL WDAY | -25.80% | 27.8 | bearish |
| #9 | High Growth Tech Decliners | NOW TEAM HUBS | -31.50% | 22.5 | bearish |
| #10 | Miscellaneous Tech Performers | DOMO | -39.20% | 33.3 | bearish |