PSCF Invesco S&P SmallCap Financials ETF Forecast, Technical & Fundamental Analysis
PSCF's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for PSCF turned positive on November 01, 2023. Looking at past instances where PSCF's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PSCF's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on PSCF as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
PSCF moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PSCF crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 PSCF advanced for three days, in of 324 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 265 cases where PSCF 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where PSCF's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 .
PSCF broke above its upper Bollinger Band on November 03, 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)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Financial
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FGTNX | 18.62 | 0.03 | +0.16% |
| Fidelity Advisor® Global Equity Inc C | |||
| SSEYX | 419.09 | 0.40 | +0.10% |
| State Street Equity 500 Index II | |||
| VGISX | 29.98 | N/A | N/A |
| Virtus Duff & Phelps Glb Rl Estt Secs I | |||
| NIQCX | 11.92 | N/A | N/A |
| Neuberger Berman International Eq C | |||
| OSGCX | 8.11 | -0.04 | -0.49% |
| JPMorgan Small Cap Growth C | |||
PSCF and
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 94% 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% | +0.09% | ||
| KBE - PSCF | 94% Closely correlated | +0.03% | ||
| FXO - PSCF | 93% Closely correlated | -0.29% | ||
| KRE - PSCF | 92% Closely correlated | -0.02% | ||
| KBWB - PSCF | 87% Closely correlated | +0.31% | ||
| VFH - PSCF | 86% Closely correlated | -0.07% | ||
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