(PSCC) Invesco S&P SmallCap - Ratings and Ratios

The Invesco S&P SmallCap Consumer Staples ETF (PSCC) is an exchange-traded fund that tracks the S&P SmallCap Consumer Staples Index, which is compiled and maintained by S&P Dow Jones Indices, LLC. The fund invests at least 90% of its assets in the securities that comprise the underlying index, focusing on small-capitalization U.S. companies in the consumer staples sector.

The consumer staples sector is generally considered defensive, as it includes companies that provide essential goods and services that are less likely to be affected by economic downturns. The funds non-diversified nature means that it may be more susceptible to market fluctuations, as its performance is closely tied to the performance of the underlying index.

Analyzing the funds technical data, we can see that the current price is $36.01, with a 20-day simple moving average (SMA) of $34.78 and a 50-day SMA of $34.58, indicating a short-term uptrend. The 200-day SMA is $36.63, suggesting that the fund is currently trading below its long-term average. The average true range (ATR) is 1.71%, indicating moderate volatility.

Using the technical and fundamental data, we can forecast that the funds price is likely to be influenced by the overall performance of the consumer staples sector and the small-cap market. Given the current trends and the funds characteristics, a potential price target for PSCC could be around $38-$40 in the next 6-12 months, driven by a combination of sector rotation and small-cap market recovery. However, this forecast is contingent on various market and economic factors, and the actual performance may differ.

Its worth noting that the funds assets under management (AUM) are relatively small, at $43.19M USD, which may impact its liquidity and trading costs. Investors should carefully evaluate these factors when considering an investment in PSCC.