PSC Principal US Small Cap ETF Forecast, Technical & Fundamental Analysis
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index. The index uses a quantitative model designed to identify equity securities (including growth and value stock) of small-capitalization companies in the Nasdaq US Small Cap Index (the "parent index") that exhibit potential for high degrees of sustainable shareholder yield, pricing power and strong momentum, while adjusting for liquidity and quality.
PSC sees MACD Histogram just turned negative
PSC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 05, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for PSC moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PSC as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
PSC moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSC advanced for three days, in of 319 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 302 cases where PSC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index. The index uses a quantitative model designed to identify equity securities (including growth and value stock) of small-capitalization companies in the Nasdaq US Small Cap Index (the "parent index") that exhibit potential for high degrees of sustainable shareholder yield, pricing power and strong momentum, while adjusting for liquidity and quality.
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TRIEX | 23.20 | N/A | N/A |
| Nuveen International Eq Idx Retire | |||
| IMAYX | 9.51 | -0.03 | -0.31% |
| Delaware Ivy Multi-Asset Income Y | |||
| LZIEX | 17.26 | -0.06 | -0.35% |
| Lazard International Equity Instl | |||
| HNCSX | 18.15 | -0.09 | -0.49% |
| Hartford International Growth R4 | |||
| FSRNX | 16.90 | -0.10 | -0.59% |
| Fidelity Real Estate Index | |||
PSC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PSC has been closely correlated with FNDA. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSC jumps, then FNDA could also see price increases.
| Ticker / NAME | Correlation To PSC | 1D Price Change % | ||
|---|---|---|---|---|
| PSC | 100% | -1.14% | ||
| FNDA - PSC | 99% Closely correlated | -1.18% | ||
| SCHA - PSC | 98% Closely correlated | -1.17% | ||
| IWM - PSC | 98% Closely correlated | -1.14% | ||
| VB - PSC | 98% Closely correlated | -1.15% | ||
| VTWO - PSC | 98% Closely correlated | -1.21% | ||
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