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PSCM
ETF ticker: NASDAQ
AS OF
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Net Assets
17.26M

PSCM Invesco S&P SmallCap Materials ETF Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for PSCM with price predictions
08:00 PM EDT Sep 21, 2023

Momentum Indicator for PSCM turns negative, indicating new downward trend

PSCM saw its Momentum Indicator move below the 0 level on September 06, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned negative. In of the 89 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for PSCM turned negative on September 20, 2023. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

PSCM moved below its 50-day moving average on September 05, 2023 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 PSCM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PSCM broke above its upper Bollinger Band on September 01, 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.

The Aroon Indicator for PSCM entered a downward trend on September 11, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PSCM's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 PSCM advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Livent Corp (NYSE:LTHM).

Industry description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 ® Capped Materials Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. These companies are principally engaged in the business of producing raw materials, including producing and manufacturing chemical products; manufacturing construction materials, containers, and packaging; mining metals and the production of related products; and manufacturing paper and forest products. The fund is non-diversified.

Market Cap

The average market capitalization across the Invesco S&P SmallCap Materials ETF ETF is 1.97B. The market cap for tickers in the group ranges from 296.29M to 5.43B. ATI holds the highest valuation in this group at 5.43B. The lowest valued company is TSE at 296.29M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco S&P SmallCap Materials ETF ETF was 6%. For the same ETF, the average monthly price growth was 21%, and the average quarterly price growth was 63%. KOP experienced the highest price growth at 4%, while LTHM experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the Invesco S&P SmallCap Materials ETF ETF was -67%. For the same stocks of the ETF, the average monthly volume growth was 4% and the average quarterly volume growth was 37%

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: 47
Price Growth Rating: 58
SMR Rating: 67
Profit Risk Rating: 72
Seasonality Score: -16 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
Phone
N/A
Web
www.invescopowershares.com
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PSCM and

Correlation & Price change

A.I.dvisor indicates that over the last year, PSCM has been closely correlated with VAW. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSCM jumps, then VAW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PSCM
1D Price
Change %
PSCM100%
-0.33%
VAW - PSCM
92%
Closely correlated
-0.11%
XLB - PSCM
89%
Closely correlated
-0.10%
GNR - PSCM
79%
Closely correlated
-0.02%
GUNR - PSCM
76%
Closely correlated
N/A
LIT - PSCM
71%
Closely correlated
+0.75%