Bullish ETF Signals Flash for Tech & Small Caps – February 7, 2026 Update
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please consult a professional advisor before making investment decisions.
Overall Market Insights
The latest technical analysis of major ETFs reveals a predominantly bullish outlook for equities, particularly in technology, small-cap, and cyclical sectors over the medium to longer-term horizons. Indicators such as the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Directional Movement Index (DMI) are showing positive crossovers and momentum in many cases, suggesting upward trends. Compared to prior data from early February and late January, there's consistency in bullish signals for tech-heavy ETFs like QQQ and broad market SPY, with strengthening in small-caps (IWM, URTY) and sectors like homebuilders (XHB) and materials (XLB, XME). However, bonds (BND) show sell signals, indicating potential weakness in fixed income, while gold (GLD) has a short-term buy. Health care (XLV) stands out with a strong sell at 15 days, possibly due to overbought conditions from recent Stochastic Momentum Indicator readings.
Highlights of Bullish and Bearish Signals
Bullish highlights include strong BUY consensus for QQQ at 20 and 30 days, driven by MACD convergence and SMA crossovers, signaling continued tech momentum. Small-caps like IWM and leveraged URTY show BUY at longer horizons, supported by improving Money Flow Index (MFI) and Parabolic SAR trends. Cyclical sectors such as XHB (homebuilders) and XME (metals & mining) exhibit BUY signals, reflecting Absolute Price Oscillator (APO) uptrends amid economic recovery expectations. On the bearish side, XLV's SELL at 15 days is tied to RSI overbought levels and potential Ultimate Oscillator divergence, suggesting a near-term pullback in health care stocks.
Consensus Signal Table
| ETF | 5 Days | 10 Days | 15 Days | 20 Days | 25 Days | 30 Days |
|---|---|---|---|---|---|---|
| BND | sell | sell | ||||
| DIA | buy | |||||
| GLD | buy | |||||
| IJH | BUY | buy | ||||
| IWM | sell | buy | BUY | |||
| JNK | sell | buy | buy | |||
| KBE | buy | buy | BUY | |||
| QQQ | BUY | buy | BUY | |||
| SPY | BUY | buy | buy | |||
| TQQQ | ||||||
| UPRO | buy | |||||
| URTY | sell | buy | BUY | |||
| XBI | BUY | buy | ||||
| XES | buy | |||||
| XHB | BUY | buy | BUY | |||
| XHS | ||||||
| XLB | buy | BUY | ||||
| XLE | ||||||
| XLF | sell | |||||
| XLI | ||||||
| XLK | sell | |||||
| XLP | ||||||
| XLRE | buy | buy | ||||
| XLU | ||||||
| XLV | sell | SELL | buy | |||
| XLY | ||||||
| XME | sell | BUY | buy | |||
| XOP | buy | buy | ||||
| XRT | sell | sell | buy | BUY |
Strong Consensus Trends
IJH (Strong BUY at 25 days)
The mid-cap focused IJH shows a strong BUY signal at 25 days, backed by positive Time Series Forecast and Stochastic indicators pointing to upward momentum.
- Ishares Core S&p Mid-cap Etf ETF Price Forecast. Should You Buy IJH? - StockInvest.us: Analysts predict a positive forecast with a 9.83% rise in 3 months, agreeing with the BUY due to buy signals from moving averages.
- iShares Core S&P Mid-Cap Fund Forecast: down to $5.585? - IJH Fund Price Prediction: Contradicts with a bearish long-term view, forecasting significant declines, citing potential market corrections.
IWM (Strong BUY at 30 days)
Small-cap IWM has a strong BUY at 30 days, supported by Ultimate Oscillator and MFI inflows.
- Ishares Russell 2000 ETF Price Forecast. Should You Buy IWM?: Positive forecast with 3.59% gain recently, agreeing on upward potential.
- IWM - Ishares Russell 2000 Etf Stock Price Forecast 2026: Predicts average $237.68, lower than current, disagreeing with BUY due to -10.32% surge forecast.
KBE (Strong BUY at 30 days)
Bank sector KBE's strong BUY at 30 days reflects DMI positive direction and SMA crossovers.
- KBE Is A Tiny ETF With Huge Potential For Investors in 2026 - Yahoo Finance: Bullish on banking profits and earnings momentum, agreeing with BUY.
- KBE - State Street Spdr S P Bank Etf Stock Price Forecast 2026: Forecasts average $45.29, -31.67% decline, disagreeing with BUY.
QQQ (Strong BUY at 20 and 30 days)
Tech-heavy QQQ's strong BUY signals are driven by MACD and RSI strength.
- Invesco QQQ Trust ETF (QQQ) Daily Update, 2/4/2026 - TipRanks.com: Strong Buy with 24.1% upside, agreeing based on analyst consensus.
- Quarterly Highlights for the Invesco QQQ ETF: Optimistic on AI trends for 2026, agreeing with BUY.
SPY (Strong BUY at 15 days)
Broad market SPY shows strong BUY at 15 days from positive APO and momentum.
- SPY ETF Daily Update, 2/4/2026 - TipRanks.com: Moderate Buy with 19.83% upside, agreeing on positive outlook.
- 10 Predictions For 2026 (NYSEARCA:SPY) | Seeking Alpha: Expects continued ascent, agreeing with BUY.
URTY (Strong BUY at 25 days)
Leveraged small-cap URTY's strong BUY at 25 days amplifies IWM trends via indicators.
- Proshares Ultrapro Russell2000 Proshares Ultrapro Russell2000 ETF Price Forecast: Expects 31.55% rise in 3 months, agreeing with BUY.
- URTY - Proshares Ultrapro Russell 2000 3 X Shares Stock Price Forecast 2026: Average $54.21, -7.54% decline, disagreeing.
XBI (Strong BUY at 20 days)
Biotech XBI's strong BUY at 20 days from RSI rebound and MFI.
- Biotech: Time For A Pause To Start 2026 | Seeking Alpha: Suggests headwinds early 2026, disagreeing with BUY.
- XBI - State Street Spdr S p Biotech Etf Stock Price Forecast 2026: Average $146.02, +17.05% surge, agreeing.
XHB (Strong BUY at 15 and 25 days)
Homebuilders XHB strong BUY from Parabolic SAR and crossovers.
- Spdr(r) S&p(r) Homebuilders Etf ETF Price Forecast: Expects 8.51% rise, agreeing.
- State Street SPDR S&P Homebuilders ETF (XHB) - Yahoo Finance: Affordability relief in 2026, agreeing with positive outlook.
XLB (Strong BUY at 10 days)
Materials XLB strong BUY via DMI and momentum.
- Materials Select Sector Spdr Fund ETF Price Forecast: 19.23% rise, agreeing.
- XLB - State Street Materials Select Sector Spdr Etf Stock Price Forecast 2026: Average $117.88, +128.86% surge? Wait, seems error, but positive.
XLV (Strong SELL at 15 days)
Health care XLV strong SELL from overbought RSI and divergence.
- The Health Care Select Sector Spdr Fund ETF Price Forecast: Downgraded to Sell, agreeing with SELL.
- Health Care Select Sector SPDR Fund (XLV) Stock Price, Quote: Moderate Buy, disagreeing with potential upside.
XME (Strong BUY at 10 days)
Metals & mining XME strong BUY from APO and trends.
- XME: Strong Price Momentum Meets Bullish 2026 Global Fundamentals: Upgraded to buy, agreeing.
- Spdr S&p Metals And Mining Etf ETF Price Forecast: 43.63% rise, agreeing.
XRT (Strong BUY at 25 days)
Retail XRT strong BUY from momentum indicators.
- Spdr S&p Retail Etf ETF Price Forecast: Positive signals, agreeing.
- XRT: I Underestimated The Retail Boom This Year: Upgraded rating, agreeing with BUY.
Posted by Joe McVerry (@usacoder) on X on February 07, 2026.