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PSI
ETF ticker:
NYSE ARCA
AS OF
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Net Assets
614.05M

PSI Invesco Dynamic Semiconductors ETF Forecast, Technical & Fundamental Analysis

Category Technology
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A.I.Advisor
a Summary for PSI with price predictions
08:00 PM EDT May 30, 2023

PSI's RSI Oscillator leaves overbought zone

The 10-day RSI Indicator for PSI moved out of overbought territory on May 31, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

PSI broke above its upper Bollinger Band on May 26, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 15, 2023. You may want to consider a long position or call options on PSI as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PSI just turned positive on May 10, 2023. Looking at past instances where PSI's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

PSI moved above its 50-day moving average on May 25, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PSI crossed bullishly above the 50-day moving average on May 25, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where PSI advanced for three days, in of 330 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 276 cases where PSI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Lam Research Corp (NASDAQ:LRCX), Micron Technology (NASDAQ:MU), KLA Corp (NASDAQ:KLAC), NXP Semiconductors NV (NASDAQ:NXPI).

Industry description

The investment seeks to track the investment results (before fees and expenses) of the Dynamic Semiconductor Intellidex® Index. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of common stocks of U.S. semiconductor companies. These companies are engaged principally in the manufacture of semiconductors. The fund is non-diversified.

Market Cap

The average market capitalization across the Invesco Dynamic Semiconductors ETF ETF is 75.52B. The market cap for tickers in the group ranges from 880.1M to 934.6B. NVDA holds the highest valuation in this group at 934.6B. The lowest valued company is ICHR at 880.1M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco Dynamic Semiconductors ETF ETF was 8%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 16%. NVDA experienced the highest price growth at 24%, while MCHP experienced the biggest fall at 2%.

Volume

The average weekly volume growth across all stocks in the Invesco Dynamic Semiconductors ETF ETF was 76%. For the same stocks of the ETF, the average monthly volume growth was 77% and the average quarterly volume growth was 99%

Fundamental Analysis Ratings

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

Valuation Rating: 51
P/E Growth Rating: 46
Price Growth Rating: 41
SMR Rating: 52
Profit Risk Rating: 38
Seasonality Score: 8 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

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

Correlation & Price change

A.I.dvisor indicates that over the last year, PSI has been closely correlated with SOXX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSI jumps, then SOXX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PSI
1D Price
Change %
PSI100%
-2.27%
SOXX - PSI
99%
Closely correlated
-2.57%
SMH - PSI
98%
Closely correlated
-2.53%
VGT - PSI
89%
Closely correlated
-0.91%
XLK - PSI
89%
Closely correlated
-0.83%
IYW - PSI
89%
Closely correlated
-0.66%