--- title: "Is this the \"most panicked moment\" for American software stocks?" description: "As AI tools become increasingly powerful, abandoned American software stocks have fallen into panic. The American software stock ETF represented by IGV is at its \"most severe\" oversold level ever (RSI" type: "news" locale: "en" url: "https://longbridge.com/en/news/274729953.md" published_at: "2026-02-04T00:03:03.000Z" --- # Is this the "most panicked moment" for American software stocks? > As AI tools become increasingly powerful, abandoned American software stocks have fallen into panic. The American software stock ETF represented by IGV is at its "most severe" oversold level ever (RSI 18!) As AI tools become increasingly powerful, abandoned American software stocks have fallen into panic. The American software stock ETF represented by IGV is at its "most severe" oversold level ever (RSI 18!) ### Related Stocks - [XLK.US - Spdr Select Tech](https://longbridge.com/en/quote/XLK.US.md) - [IXN.US - ISHRS S&P Glb It](https://longbridge.com/en/quote/IXN.US.md) - [XSW.US - SPDR S&P Software](https://longbridge.com/en/quote/XSW.US.md) - [IGV.US - iShares Expanded Tech Software Sector ETF](https://longbridge.com/en/quote/IGV.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Brynne Tillman and Social Sales Link Partner with Alex Kutsishin's Fuel to Launch Brynne.ai: The 24/7 "Trust-Based" AI Sales Coach | Brynne Tillman, CEO of Social Sales Link, has partnered with Alex Kutsishin's Fuel to launch Brynne.ai, a 24/7 AI sales | [Link](https://longbridge.com/en/news/276924524.md) | | 17:41 ETGigasoft Solves AI's Biggest Charting Code Problem: Hallucinated Property Names | Gigasoft, Inc. has launched ProEssentials v10, featuring the pe_query.py tool that addresses AI-generated charting code | [Link](https://longbridge.com/en/news/276951841.md) | | 22:53 ETArcfra Launches Neutree to Power Scalable Enterprise AI Infrastructure | Arcfra has launched Neutree, an enterprise-grade Model-as-a-Service (MaaS) platform aimed at enhancing AI operations. Th | [Link](https://longbridge.com/en/news/277138152.md) | | Zscaler Q2 revenue up 26%, beats estimates | Zscaler reported a 26% year-over-year increase in Q2 revenue, surpassing analyst expectations with adjusted EPS of $1.01 | [Link](https://longbridge.com/en/news/277097698.md) | | PAR Technology beats Q4 revenue estimates; authorizes $100 mln buyback | PAR Technology reported a 14.4% year-over-year increase in Q4 revenue, surpassing analyst expectations with $120.1 milli | [Link](https://longbridge.com/en/news/277102979.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.