(IUS) Invesco RAFI Strategic US - Ratings and Ratios

The Invesco RAFI Strategic US ETF (NASDAQ:IUS) is a Large Value ETF that tracks an index comprising high-quality, large-cap U.S. companies. By employing a full replication methodology, the fund invests in all the securities that make up the underlying index, proportionate to their weightings, to mirror its performance.

The underlying index is designed to capture the essence of robust U.S. businesses, focusing on companies with larger market capitalizations and higher quality financials. This suggests that the ETF is likely to be invested in established, financially stable companies with a strong track record, potentially offering a more stable source of returns compared to smaller or lower-quality businesses.

From a technical standpoint, the ETF is currently trading at $51.02, above its SMA20 and SMA50, indicating a positive short to medium-term trend. The SMA200 is also below the current price, signaling a long-term uptrend. The ATR of 0.46 represents a 0.90% average daily price movement, indicating relatively moderate volatility.

Combining technical and fundamental insights, the outlook for IUS appears positive. With a strong AUM of $622.72M USD, the fund has a solid asset base, and its focus on high-quality, large-cap U.S. companies positions it well for long-term stability. Given the current trend and technical indicators, a potential forecast is that IUS may continue to trend upwards, with potential resistance around the 52W High of $51.67. If the fund can break through this level, it may be poised for further gains. Conversely, a drop below the SMA50 at $49.01 could signal a reversal in the trend.