INVESCO S&P SMALLCAP FINANCI (PSCF) Stock Technical Analysis
USA - NASDAQ:PSCF - US46138E1560 - ETF
We assign a technical rating of 1 out of 10 to PSCF. PSCF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PSCF 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
45.93
We found 3 important support areas.
- A support zone ranging from 53.69 to 55.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.37 from a trend line in the weekly time frame.
- Support @46.39 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 55.77 to 56.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.01 to 61.68. 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 | NEUTRAL | NEUTRAL | The long term trend for PSCF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSCF is neutral. |
| ChartMill Relative Strength | 32.28 | NEUTRAL | PSCF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PSCF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSCF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PSCF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.38 | NEUTRAL | The RSI value for PSCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PSCF has a positive trend. |
| Stochastics (14,3) | 24.78 | NEUTRAL | The Stochastics value for PSCF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for PSCF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for PSCF suggests a weak or negative trend. |
55.7582
+1.45 (+2.68%)
INVESCO S&P SMALLCAP FINANCI / PSCF FAQ
What is the ChartMill technical rating of INVESCO S&P SMALLCAP FINANCI (PSCF) stock?
ChartMill assigns a technical rating of 1 / 10 to PSCF.
What is the current trend direction of INVESCO S&P SMALLCAP FINANCI (PSCF) stock?
The current trend direction for INVESCO S&P SMALLCAP FINANCI (PSCF) is Bearish.
What is the RSI signal for PSCF stock?
INVESCO S&P SMALLCAP FINANCI (PSCF) has an RSI value of 51.3797. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO S&P SMALLCAP FINANCI (PSCF) stock?
The MACD indicator for INVESCO S&P SMALLCAP FINANCI (PSCF) has a value of 0.00355577, indicating a bearish trend.