Bullish Case: CIBR has appreciated significantly from 5 years ago, suggesting a long-term uptrend. Current prices reflect a recent pullback, possibly offering a buying opportunity in an overall bullish cyber security sector.


Bearish Case: Recent price history indicates mean-reversion and short-term downtrends. Implied volatility forecasts predict higher uncertainty, suggesting potential for further downside in CIBR's price.


Potential Outcomes:

1. Continued uptrend: 30%.

2. Mean reversion leading to bounce back: 35%.

3. Downtrend due to increased volatility or market shocks: 35%.


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April 17, 2024


First Trust Exchange-Traded Fund III - First Trust NASDAQ Cybersecurity Forecast

CIBR        First Trust Exchange-Traded Fund III - First Trust NASDAQ Cybersecurity
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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