PSCF Invesco S&P SmallCap Financials ETF Forecast, Technical & Fundamental Analysis
PSCF's RSI Indicator is remaining in oversold zone for 1 day
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PSCF 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSCF 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 PSCF entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Financial
PSCF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PSCF has been closely correlated with KBE. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSCF jumps, then KBE could also see price increases.
| Ticker / NAME | Correlation To PSCF | 1D Price Change % | ||
|---|---|---|---|---|
| PSCF | 100% | +1.07% | ||
| KBE - PSCF | 95% Closely correlated | +1.03% | ||
| KRE - PSCF | 94% Closely correlated | +1.12% | ||
| FXO - PSCF | 93% Closely correlated | +0.85% | ||
| KBWB - PSCF | 87% Closely correlated | +0.82% | ||
| KCE - PSCF | 85% Closely correlated | +1.13% | ||
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