(IDMO) Invesco S&P International - Ratings and Ratios

The Invesco S&P International Developed Momentum ETF (IDMO) is an investment vehicle that closely tracks the S&P International Developed Momentum Index, adhering to a strict investment policy where at least 90% of its assets are allocated to the securities within this index. The underlying index is curated by the index provider, comprising constituents from the S&P World Ex-U.S. Index, thereby focusing on developed international markets excluding the United States.

IDMO is categorized under the Foreign Large Blend ETF category, indicating its investment scope is geared towards large-cap stocks in developed markets outside the U.S., blending various styles. With its origins in the USA, this ETF offers a diversified portfolio to investors seeking exposure to international markets with a momentum-driven strategy. The fund is managed by Invesco, a reputable investment management company with a global presence, accessible through their official website at http://www.invesco.com/us.

Analyzing the technical data, IDMOs last price is $49.64, indicating a current market value. The short-term Simple Moving Average (SMA20) is $50.07, suggesting a slight downturn from its recent average. The medium-term SMA50 stands at $47.91, showing a positive trend as the current price is above this average. The long-term SMA200 at $43.60 signifies a strong uptrend over the past year. The Average True Range (ATR) is 0.53, translating to a 1.06% daily volatility, indicating moderate daily price swings. The 52-week high and low are $50.77 and $37.40, respectively, highlighting the stocks resilience and growth potential.

From a fundamental perspective, IDMOs Assets Under Management (AUM) stand at $955.83 million USD, signifying a substantial investor base and liquidity. This sizeable AUM suggests that the ETF is well-established and capable of providing the liquidity that investors typically seek in an ETF.

Forecasting IDMOs performance, given its current technical indicators and fundamental data, the ETF is likely to continue its upward trajectory if it can breach the SMA20 resistance at $50.07. A break above this level could signal further growth towards new 52-week highs. Conversely, failure to surpass this resistance might lead to consolidation around the SMA50 at $47.91. The strong long-term uptrend indicated by the SMA200 at $43.60 supports the potential for continued growth. Investors should monitor the ATR for increased volatility, which could present both opportunities and risks. With a substantial AUM, IDMO is poised to remain a viable option for investors seeking international exposure with a momentum strategy.