(PEZ) Invesco DWA Consumer - Ratings and Ratios

The Invesco DWA Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) is designed to track the performance of companies in the consumer discretionary sector that exhibit strong relative strength or momentum characteristics. The fund typically allocates at least 90% of its total assets to securities included in its underlying index, which is composed of at least 30 companies. These companies are selected based on their powerful relative strength or momentum characteristics, making the fund a momentum-focused investment vehicle in the consumer cyclicals space. The ETF is part of the Invesco DWA (Dorsey Wright Associates) family of funds, which emphasizes relative strength investing. For more information, visit http://www.invesco.com/us.

Ticker Symbol: PEZ | Exchange: NASDAQ | Type: ETF | Country Origin: USA | ETF Category: Consumer Cyclical. The funds technical profile shows a Last Price of 93.92, with short-term and medium-term moving averages (SMA 20: 101.92, SMA 50: 101.42) indicating recent weakness. The SMA 200 (100.55) suggests the fund is trading near its long-term average. The Average True Range (ATR) of 1.70 reflects moderate volatility. The average daily trading volume over the past 20 days is 2,462 shares, indicating lower liquidity compared to larger ETFs.

From a fundamental perspective, the fund has Assets Under Management (AUM) of $67.61 million, which is relatively small for an ETF. This smaller size may contribute to lower trading volume and potentially higher volatility. The funds focus on consumer cyclicals, a sector sensitive to economic cycles, adds another layer of risk and return potential. The underlying indexs emphasis on relative strength ensures that the funds holdings are concentrated in companies with strong momentum, which can lead to higher returns during bullish market phases but may underperform during downturns.

3-Month Forecast: Based on the technical and fundamental data, the fund is likely to face headwinds in the near term. The fund is currently trading below its SMA 20 and SMA 50, which are key resistance levels. The SMA 200 is slightly above the current price, suggesting potential selling pressure if the price approaches this level. The ATR of 1.70 indicates moderate volatility, which could amplify price movements. On the fundamental side, the small AUM and low average daily volume may lead to heightened sensitivity to market sentiment and broader consumer cyclicals sector performance. If the consumer discretionary sector experiences a rebound, the funds momentum focus could drive outperformance. However, if the sector remains under pressure, the fund may struggle to gain traction. Overall, the forecast suggests a cautious outlook with potential for stabilization or slight recovery if the broader market and sector conditions improve.