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PKW
ETF ticker:
NASDAQ
AS OF
Jun 24 closing price
Price
$79.77
Change
+$2.56 (+3.32%)
Net Assets
1.17B

PKW Price Prediction, Invesco BuyBack Achievers ETF AI Recommendations

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12:00 AM EDT Jun 24, 2022

PKW's RSI Indicator climbs out of oversold territory

The RSI Indicator for PKW moved out of oversold territory on June 21, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 31 similar instances when the indicator left oversold territory. In 29 of the 31 cases the stock moved higher. This puts the odds of a move higher at 90%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where PKW's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 PKW advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .

PKW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 10, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on PKW as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PKW turned negative on June 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

The Aroon Indicator for PKW entered a downward trend on June 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed
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A.I.Advisor
published price charts
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published Highlights

Notable companies

The most notable companies in this group are Bank of America Corp (NYSE:BAC), Oracle Corp (NYSE:ORCL), Lowe's Companies (NYSE:LOW), CIGNA Corp (NYSE:CI), Dollar General Corp (NYSE:DG), MetLife (NYSE:MET), MARATHON PETROLEUM Corp (NYSE:MPC), Capital One Financial (NYSE:COF), AutoZone (NYSE:AZO), HP (NYSE:HPQ).

Industry description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ US BuyBack AchieversTM Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The NASDAQ includes common stocks in the underlying index pursuant to a proprietary selection methodology that identifies a universe of "BuyBack Achievers TM".

Market Cap

The average market capitalization across the Invesco BuyBack Achievers ETF ETF is 11.4B. The market cap for tickers in the group ranges from 59.69M to 258.46B. BAC holds the highest valuation in this group at 258.46B. The lowest valued company is KIRK at 59.69M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco BuyBack Achievers ETF ETF was 5%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was -16%. AGIO experienced the highest price growth at 26%, while DVA experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Invesco BuyBack Achievers ETF ETF was -67%. For the same stocks of the ETF, the average monthly volume growth was -37% and the average quarterly volume growth was 7%

Fundamental Analysis Ratings

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

Valuation Rating: 49
P/E Growth Rating: 49
Price Growth Rating: 59
SMR Rating: 31
Profit Risk Rating: 59
Seasonality Score: -9 (-100 ... +100)
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published General Information

General Information

Category LargeValue

Profile
Fundamentals
Details
Category
Large Value
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com

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PKW and

Correlation & Price change

A.I.dvisor indicates that over the last year, PKW has been closely correlated with IWD. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if PKW jumps, then IWD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PKW
1D Price
Change %
PKW100%
+3.32%
IWD - PKW
93%
Closely correlated
+2.66%
DIA - PKW
92%
Closely correlated
+2.71%
VTV - PKW
91%
Closely correlated
+2.54%
VYM - PKW
91%
Closely correlated
+2.62%
SCHD - PKW
91%
Closely correlated
+2.66%