+Compare
CSD
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
52.43M

CSD Invesco S&P Spin-Off ETF Forecast, Technical & Fundamental Analysis

Category MidCapBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for CSD with price predictions
07:00 PM EST Dec 03, 2023

CSD's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for CSD turned positive on November 02, 2023. Looking at past instances where CSD's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on CSD as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CSD moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CSD crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CSD advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 274 cases where CSD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CSD broke above its upper Bollinger Band on December 04, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks to track the investment results (before fees and expenses) of the S&P U.S. Spin-Off Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to measure the performance of U.S. companies that have been spun off from a parent company within the past four years. The fund is non-diversified.

Market Cap

The average market capitalization across the Invesco S&P Spin-Off ETF ETF is 9.73B. The market cap for tickers in the group ranges from 285.04M to 43.75B. CARR holds the highest valuation in this group at 43.75B. The lowest valued company is ONL at 285.04M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco S&P Spin-Off ETF ETF was 2%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 7%. VSCO experienced the highest price growth at 26%, while FTRE experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Invesco S&P Spin-Off ETF ETF was 27%. For the same stocks of the ETF, the average monthly volume growth was -15% and the average quarterly volume growth was -27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 54
Price Growth Rating: 47
SMR Rating: 60
Profit Risk Rating: 89
Seasonality Score: 30 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
FSOPX12.930.14
+1.09%
Fidelity® Series Small Cap Opps
MRLTX17.18N/A
N/A
AMG Renaissance Large Cap Growth N
PGEKX17.19N/A
N/A
Pioneer Global Sustainable Equity K
RYLSX68.90-0.01
-0.01%
Rydex Leisure A
MSPIX53.98-0.30
-0.55%
MainStay S&P 500 Index I

CSD and

Correlation & Price change

A.I.dvisor tells us that CSD and MDY have been poorly correlated (+10% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CSD and MDY's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CSD
1D Price
Change %
CSD100%
+0.63%
MDY - CSD
10%
Poorly correlated
+0.78%
IJH - CSD
10%
Poorly correlated
+0.84%
IWR - CSD
9%
Poorly correlated
+0.16%
VO - CSD
8%
Poorly correlated
-0.10%
VXF - CSD
6%
Poorly correlated
+0.56%
More