REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PSCM has been trading over the last 2 weeks and the past day especially. On its latest session, Invesco S&P SmallCap Materials ETF ($PSCM) opened at 43.496, reaching a high of 43.6737 and a low of 42.65 before closing at a price of 43.25. There was a total volume of 1092.0.
VOLUME INDICATORS FOR INVESCO S&P SMALLCAP MATERIALS ETF ($PSCM): We saw an accumulation-distribution index of 455.06204, an on-balance volume of 43.67, chaikin money flow of 10.52167 and a force index of 0.5661. There was an ease of movement rating of 0.00021, a volume-price trend of -0.6045 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR INVESCO S&P SMALLCAP MATERIALS ETF ($PSCM): We noted an average true range of 0.48226, bolinger bands of 44.6025, an upper bollinger band of 41.7175, lower bollinger band of 42.65, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 43.27323, high band keltner channel of 43.09553, low band keltner channel of 43.45093, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 42.65, a donchian channel low band of 42.65, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR INVESCO S&P SMALLCAP MATERIALS ETF ($PSCM): We calculated a Moving Average Convergence Divergence (MACD) of 0.02288, a MACD signal of 0.01271, a MACD difference of 0.01017, a fast Exponential Moving Average (EMA) indicator of 42.65, a slow Exponential Moving Average (EMA) indicator of 42.65, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16864, a trix of -1.27651, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.61312, a KST Oscillator (KST) of -14.17198 and a KST Oscillator (KST Signal) of -14.17198 (leaving a KST difference of 5.89417). We also found an Ichimoku rating of 43.58485, an Ichimoku B rating of 43.58485, a Ichimoku visual trend A of 43.69563, an Ichimoku visual trend B of 43.60475, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR INVESCO S&P SMALLCAP MATERIALS ETF ($PSCM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.46977, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -263.28346, a stochastic oscillator of 576.08329, a stochastic oscillator signal of 576.08329, a Williams %R rating of 476.08329 and an awesome oscillator of -0.14281.
RETURNS FOR INVESCO S&P SMALLCAP MATERIALS ETF ($PSCM): There was a daily return of -1.4172, a daily log return of 2.36341 and a cumulative return of 2.39156.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Invesco S&P SmallCap Materials ETF ($PSCM)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Invesco S&P SmallCap Materials ETF ($PSCM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.