Invesco PureBeta MSCI USA Small Cap ETF (PBSM) Stock Technical Analysis
NYSEARCA:PBSM - NYSE Arca - US46138E4531 - ETF - Currency: USD
Taking everything into account, PBSM scores 1 out of 10 in our technical rating. PBSM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: PBSM has an average volume of 2878 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, PBSM outperforms 51% of them, which is more or less in line with the market.
PBSM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBSM is lagging the market slightly.
In the last month PBSM has a been trading in a tight range between 31.78 and 32.52.
Considerably lower volume is observed in the last couple of days.
The technical rating of PBSM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.31
37.40
When analyzing the support we notice one important area.
- A support zone ranging from 31.63 to 31.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.95 to 33.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 35.70 to 37.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PBSM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBSM is down. |
| ChartMill Relative Strength | 51.87 | NEUTRAL | PBSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBSM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.61 | NEUTRAL | The RSI value for PBSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PBSM has a negative trend. |
| Stochastics (14,3) | 20.93 | NEUTRAL | The Stochastics value for PBSM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for PBSM suggests low volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for PBSM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Invesco PureBeta MSCI USA Small Cap ETF
NYSEARCA:PBSM (6/23/2023, 8:04:00 PM)
31.9152
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week-0.64%
2 Weeks-0.44%
1 Month-1.08%
3 Month0.9%
6 Month-0.11%
12 Month1.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.4%
ATR Inc88.02%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.87
Mansfield-1.04
10 Day High32.19
10 Day Low31.78
20 Day High32.52
20 Day Low31.78
52 Week High36.67
52 Week Low29.49
CS1 End31.85
CR1 Start31.95
Volume & EV
DER(3)0%
DER(5)0.46%
Volume600
Volume Incr-6.27%
Vol(5)1.72K
Vol(50)2.88K