(PSL) Invesco DWA Consumer - Ratings and Ratios

The Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) is designed to track the performance of companies in the consumer staples 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 a minimum of 30 stocks. The index focuses on companies within the consumer staples sector, such as food and beverages, household goods, and personal care products, that demonstrate powerful momentum traits. For more information, visit: http://www.invesco.com/us.

Ticker Symbol: PSL | Exchange: NASDAQ | Type: ETF | Country Origin: USA | ETF Category: Consumer Defensive.

Based on the provided data, the funds technical profile indicates that it is currently trading below its 20-day and 50-day simple moving averages (SMA), which may suggest short-term weakness. However, it remains above its 200-day SMA, indicating long-term bullish momentum. The average true range (ATR) of 1.18 reflects moderate volatility. From a fundamental perspective, the funds assets under management (AUM) of $94.47 million suggest it is a smaller ETF compared to others in its category.

3-Month Forecast: The funds price is expected to remain range-bound between $105 and $112, influenced by its current position relative to its SMAs. The 20-day SMA at 111.39 and the 50-day SMA at 108.76 may act as resistance levels, while the 200-day SMA at 102.55 could provide support. The consumer staples sectors defensive nature may help stabilize the funds performance amid broader market volatility. However, the relatively small AUM could lead to lower liquidity and potentially wider bid-ask spreads.