(PSCC) Invesco S&P SmallCap - Ratings and Ratios

The Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) is designed to track the performance of small-capitalization U.S. companies within the consumer staples sector, as defined by the Global Industry Classification Standard (GICS). The fund invests at least 90% of its total assets in the securities comprising the S&P SmallCap Consumer Staples Index, which is compiled, maintained, and calculated by S&P Dow Jones Indices, LLC. The index is structured to provide exposure to the consumer staples sector, targeting companies with smaller market capitalizations. The fund is classified as non-diversified, meaning it may invest a significant portion of its assets in a limited number of securities, potentially leading to higher volatility compared to diversified funds.

As of the latest data, the ETF has approximately $49.75 million in assets under management (AUM), indicating a relatively niche fund size. Its average trading volume over the past 20 days is 5,490 shares, suggesting moderate liquidity. The funds last price was $35.55, with key technical indicators showing an SMA20 of $36.82, SMA50 of $37.35, and SMA200 of $37.04. The Average True Range (ATR) of 0.51 reflects relatively low price volatility over the short term. The funds performance is closely tied to the consumer staples sector, which includes companies involved in the production of household goods, personal products, and food and beverages.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: The funds price is currently below its SMA20 and SMA50, suggesting potential near-term weakness. However, the SMA200 is slightly below the SMA50, indicating a neutral to bearish trend. The low ATR of 0.51 suggests that price movements are likely to remain subdued, with limited volatility expected in the short term. - Fundamental Outlook: The consumer staples sector is generally defensive in nature, but small-cap companies may face headwinds from rising interest rates and economic uncertainty. The funds small AUM and moderate trading volume may result in higher sensitivity to sector-specific news or broader market movements. - Projection: Over the next three months, PSCC is likely to experience sideways to slightly downward movement, with potential support near $34.50 and resistance near $37.50. The funds performance will largely depend on the broader consumer staples sectors resilience and investor sentiment toward small-cap equities.